The cost drivers behind your base price
Before you think about what to charge, you need to know what it costs you to run that class. Price is a business decision, not a feeling — and the business starts with cost. Four cost blocks almost always set your price floor.
First, rent and space overhead: rent or maintenance, electricity, water, internet, cleaning. These costs exist whether or not the class runs, so they get split across every class in the month — the more classes you run in the same room, the less each one carries.
Second, coach payroll: if you pay per class taught, that cost is direct and easy to assign. If you pay a fixed salary or an attendance-based commission, you need to prorate that cost across the number of classes the coach teaches per month.
Third, capacity: how many spots the class has and what percentage you actually fill on average — not the theoretical maximum. A 20-spot class that realistically fills 12 has a different real cost per spot than one you'd assume planning on all 20.
Fourth, smaller variable costs: supplies (water, towels, disposable mats), equipment depreciation, and payment or booking platform fees. Individually small, but they typically add up to 5%–12% of total cost across most studios.
- Rent, utilities and space maintenance
- Coach payroll or commission
- Real occupied capacity (not theoretical)
- Supplies, equipment and payment fees
The formula: cost per class-spot
The number you need before anything else is your cost per class-spot: what each occupied seat costs you, on average, across every session you run. The formula is simple:
Cost per class-spot = fixed monthly costs of the room and coach ÷ (number of classes per month × average occupied capacity per class).
That number is your floor — the minimum price you can sell at without losing money on that class. It isn't your final price: it's the starting point you apply margin on top of.
How much margin to apply on top of cost
The margin you apply depends on your category and your city, so treat this as a range to sanity-check with your own data rather than a fixed number. Boutique fitness studios in urban Mexico commonly run gross margins of 60%–75% over cost per class-spot on drop-in pricing, and tighter margins — 35%–50% — on large packages or unlimited memberships, where volume and retention compensate for the lower per-session margin.
A common mistake is applying the same margin to every time slot. High-demand classes (6–8am on weekdays, Saturday mornings) sustain a higher margin because willingness to pay is higher; low-demand slots (mid-morning weekdays) generally perform better if you lower the margin to fill seats instead of holding a price against empty rooms.
Single class, packages, or unlimited: which model to choose
The sales model changes both the perceived price and your cash flow. No model is abstractly superior — the question is which behavior you want to incentivize.
Drop-in (single class) carries the highest per-unit price because there's no repeat-purchase commitment. It's the right tool for tourists, occasional visitors, and testing demand in a new time slot, but it's the least predictable revenue model.
Packages (4, 8, 12 classes with a 30–60 day validity window) lower the per-class price 15%–30% versus drop-in in exchange for upfront payment and more frequent visits. This is the middle ground most boutique studios in LATAM use as their primary offer.
Monthly unlimited maximizes cash predictability and is the strongest psychological anchor ("I can come every day"), but it's only profitable if your real capacity supports it — if your peak slots are already near full with package holders, selling unlimited without a weekly booking cap can saturate exactly those slots and hurt everyone's experience.
Intro offers (free first class, a discounted first week) aren't a permanent pricing model — they're an acquisition tool. Set a clear expiration date and a mandatory next step (buy a package) so the offer doesn't quietly become a permanent discount disguised as a promotion.
Pricing psychology for the LATAM market
Price isn't processed in isolation — it's compared. Across Mexico and the rest of LATAM, a prospective client anchors your price against three references: the traditional neighborhood gym (cheap, no boutique classes), other boutique studios nearby, and the per-class cost that comes from dividing your package total by its number of sessions.
That's why showing the per-class price inside a package ("$X MXN per session with the 8-class package") tends to convert better than showing only the total: it makes the savings versus drop-in and versus the traditional gym explicit, something the traditional gym rarely communicates in comparable terms.
On price endings, MXN amounts ending in 9 or 900 ($1,899, $2,499) still read as "deliberately calculated" in the urban boutique segment, while round numbers ($2,000, $2,500) signal simplicity — they work better on unlimited plans and memberships where the brand is already known and doesn't need to justify the number.
Avoid changing prices in ways visibly frequent to the client. An adjustment every 6–12 months, announced in advance with the option to lock the current price by buying before the change, creates far less friction than silent adjustments a client discovers at checkout.
Common pricing mistakes
These are the mistakes we see repeated most in studios that are just starting out or growing fast without revisiting their pricing structure:
- Copying a competitor's price without knowing their cost structure or real occupancy
- Calculating cost per class-spot on theoretical capacity instead of real occupancy
- Using the same price for high-demand and low-demand time slots
- Selling unlimited with no weekly booking cap before capacity actually supports it
- Leaving an intro offer active indefinitely until it becomes the real price
- Not revisiting prices in 12+ months even as rent and payroll have risen
Final checklist before you publish your prices
Before announcing a new price or revisiting your current one, run through this list:
If you already use Ollynk, your occupancy reports by time slot are the most reliable input for this review — they show real occupancy by class and time band instead of the gut feeling that "that class always fills up," which tends to be biased by the good days.
- You calculated cost per class-spot using real occupancy, not theoretical
- You set a different margin for peak and off-peak slots
- You chose the model (drop-in, package, unlimited) based on the behavior you want to incentivize, not by copying another studio
- You communicate the per-session price inside each package, not just the total
- You have a clear expiration date for any intro offer
- You scheduled the next price review in 6–12 months
Frequently asked questions
How much should I charge for a yoga class in Mexico?
It depends heavily on the city, the neighborhood, and whether it's drop-in or inside a package. In urban areas with boutique studios, drop-in pricing typically sits moderate-to-high relative to a traditional gym, and the per-session price inside a package usually runs 15%–30% below drop-in. The only way to know your exact number is to calculate your cost per class-spot using your own costs and real occupancy, then apply margin on top — not copy another studio's price.
Is it better to sell single classes or packages?
It's not either/or: most successful studios offer both, with the package as the primary offer (better per-session price, upfront payment, higher visit frequency) and drop-in as the entry point for new or occasional visitors. Unlimited gets added later, once you actually know your real capacity at peak times.
How often should I review my prices?
A 6–12 month cycle is reasonable for most studios, unless a major cost (rent, payroll) jumps sharply before that. Reviewing too often creates friction with recurring clients; reviewing too rarely almost always means you're quietly absorbing cost increases with thinner and thinner margin.
What's a reasonable margin for a boutique studio?
It varies by city, category, and sales model, so treat any figure as a reference range rather than a fixed rule: margin tends to run higher on drop-in than on large packages or unlimited plans, where the studio compensates with volume and retention instead of per-session margin. What matters isn't matching a market number — it's knowing your own cost per class-spot and deciding margin from there.
