Let's do some honest math that might surprise you. If you wanted to create a complete strength training gym with quality equipment, here's what you'd typically need to buy: Smith Machine: $2,000-3,500 Power Rack: $1,500-2,500 Functional Trainer/Cable System: $2,500-4,000 Lat Pulldown Machine: $1,500-2,500 Pull-up/Dip Station: $500-800 ...