Parents from North America are sharing their stories on the Chalk Bucket forum:
Level 3 over $5000 / year for tuition/comp fees/leo/etc. (not including travel expenses, spectator entry fees, practice leos, medical fees if she happens to get injured, and thousands of hair ties).
Level 3 $3000 / year. Same girl by level 7 $7000 / year.
Level 4. $7,000 / year. That does not include travel expenses, leotards, grips, etc….
$7-10,000 / year everything included.
Level 7-8. $7500-8000/year. This excludes any entrance fees or meet travel fees, etc. …
At level 9/10 it is very easy to spend above $20k a year
Level 10 around $25k / year
A mom at our gym put it succinctly – if you just put the money you spend on gymnastics from pre-team to Level 10/Elite, your son or daughter would have more than enough money to go to any college or university in the country by the time they turned 18. It is definitely a labor of love, there is very little ROI, even for those who get recruited to compete in college.
Read more – Give it to me straight!
One coach showed me a budget for the career of an Olympian. Cost was over a million dollars thought the parents only paid a small percentage of that.