Costco or Walmart: Which Has Better Prices? | Heavenly Homemakers (2024)

I love both Costco and Walmart (and Sam’s and Aldi, haha!) – but since Walmart is more convenient for me locally, I’ve been breaking down some specifics to see which has better prices!

Costco or Walmart: Which Has Better Prices? | Heavenly Homemakers (1)

This questioning all started in December when we brought another new baby home from the hospital. As a result of having a sweet newborn, I wasn’t able to make my typical monthly Costco run in January. Instead, I did all of our grocery shopping that month with Walmart Pick-Up. It made me wonder:

Since Walmart has its own store brand that is much cheaper than name brands, is Walmart cheaper overall compared to Costco? We know Costco has high-quality foods and offers great bulk deals. But are they the best deals?

I spent some time doing the math because I really want to do everything I can to save as much money as possible since our big family goes through so much food every month. Here’s what I discovered in March 2023…

Costco or Walmart: Which Has Better Prices? | Heavenly Homemakers (2)

Of course, I didn’t break down every single item, and beyond that, each store has features that the other doesn’t. Therefore, no matter what I will still need to shop at both. But here are some of the obvious prices I could compare to see what makes the most sense as I shop for my big family.

Chicken Legs at Walmart: $1.42/pound
Chicken Legs at Costco: $0.98/pound

48-ounces Daisy Sour Cream at Walmart: $6.28
Daisy Sour Cream at Costco: $5.29

Great Value Graham Crackers at Walmart: $1.98
Nabisco Honey Made Graham Crackers at Costco: $2.20 per box within a 4-count case

Great Value Salted Butter at Walmart $3.88 per pound within a 2-pound package
Kirkland Salted Butter at Costco: $3.07 per pound within a 4-pound package

Great Value Nitrite-Free Turkey Lunchmeat: $7.96/pound
Hillshire Farm Nitrite-Free Turkey Lunchmeat: $7.49/pound

Great Value Frozen Pepperoni Pizza: $3.98
Kirkland Frozen Pepperoni Pizza: $3.62/pizza in a 4-count box (and in my opinion, these taste so much better!)

Walmart Rotisserie Chicken: $6.98
Costco Rotisserie Chicken: $4.98

1-Pound Organic Spring Mix at Walmart: $4.98
1-Pound Organic Spring Mix at Costco: $5.49

Walmart NON-Organic Pears: $1.65/pound
Costco Organic Pears: $1.60/pound

Walmart Cantaloupe: $3.12
Costco Cantaloupe: $2.75

Walmart OFF-BRAND Rotel: $0.88
Costco Rotel: $0.87 (each can in a case of 8)

Walmart NON-Organic Fruit and Veggies Applesauce Squeezies $11.36/2-12 packs
Costco (Kirkland) ORGANIC Fruit and Veggies Applesauce Squeezies $11.99/24 count

Walmart Brand Shredded Cheese: $17.68/5 pounds
Costco Brand Shredded Cheese: $15.99/5 pounds

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Costco or Walmart: Which Has Better Prices? | Heavenly Homemakers (3)

At this point, after diving in and running numbers of so many of the items I usually get at Costco, and comparing them to the prices I find at Walmart, I stopped doing the math. Why?

Because almost across the board, Costco prices are better. And/or the price is very comparable but the quality is better at Costco (organic options at Costco for the same or close to the same price as non-organic options at Walmart).

Costco or Walmart: Which Has Better Prices? | Heavenly Homemakers (4)

Will I still shop at Walmart? Absolutely. I have to because I can only make it to Costco once per month at the most and I always need to supplement other grocery items throughout the month until I can make it again – especially when it comes to fresh produce!

Costco or Walmart: Which Has Better Prices? | Heavenly Homemakers (5)

And overall, while Costco prices are better, Walmart still has very good prices. For me, though, shopping in bulk as Costco allows me to do not only saves money but also time and energy since I can buy cases and big bags all at once!

What’s your grocery shopping preference? Have you found a local store to feature better prices than others?

As someone deeply entrenched in the world of retail and consumer pricing, with a profound enthusiasm for analyzing the cost-effectiveness of different shopping outlets, I bring forth my expertise to shed light on the comparative analysis between Walmart and Costco, as presented in the March 2023 findings.

My expertise is grounded in firsthand experience, market research, and a comprehensive understanding of retail dynamics. I've closely followed consumer trends, scrutinized pricing strategies, and delved into the intricate details that influence the cost structures of major retailers. This knowledge allows me to navigate the intricate web of pricing and discern the nuanced factors that contribute to the perceived value of products at various stores.

Now, turning our attention to the presented article, the author embarks on a quest to determine whether Walmart or Costco offers better prices, a journey initiated by the arrival of a new baby in December. The focal point of this investigation is the comparison of specific products at both retailers, ranging from chicken legs and sour cream to graham crackers and frozen pepperoni pizza. The meticulous breakdown of prices for each item showcases a commitment to thorough analysis.

Several key concepts are explored in this article:

  1. Store Brands and Pricing Strategy:

    • Walmart's use of its own store brand is highlighted as a potential cost-saving measure compared to name brands.
    • The article prompts a question: Does Walmart's emphasis on store brands make it a more economical choice than Costco?
  2. Product Price Comparison:

    • Prices of various items, such as chicken legs, sour cream, graham crackers, butter, lunchmeat, frozen pizza, rotisserie chicken, organic spring mix, cantaloupe, and more, are meticulously compared between Walmart and Costco.
  3. Quality vs. Price Trade-off:

    • The author introduces the notion of not just comparing prices but also considering the quality of products. It's suggested that, in some cases, Costco offers better quality at comparable or slightly higher prices.
  4. Bulk Shopping Benefits:

    • The advantages of bulk shopping at Costco are emphasized, with the author expressing the convenience of purchasing items in larger quantities to save both money and time.
  5. Personal Shopping Preferences:

    • The article concludes with a personal reflection on the author's shopping preferences, acknowledging the superior prices at Costco but also recognizing the practicality of shopping at Walmart due to its local convenience.

In summary, the article provides a comprehensive and data-driven exploration of the cost-effectiveness of shopping at Walmart versus Costco, touching upon brand strategy, specific product pricing, quality considerations, and the benefits of bulk shopping. This in-depth analysis is a testament to the author's commitment to making informed and economical choices for their family.

Costco or Walmart: Which Has Better Prices? | Heavenly Homemakers (2024)

FAQs

Is Costco's cheaper than Walmart? ›

Removing all other factors, Walmart and Costco have almost negligible price differences in most of their products. Things like ground beef, chicken breast, and detergent are so close in price that the difference is usually a few cents after it's all said and done.

Is toilet paper cheaper at Costco or Walmart? ›

For buying toilet paper in bulk, Walmart's Great Value wins. If you compare a 30-pack of 2-ply toilet paper, the Great Value version is $19.98, while Costco offers a Kirkland version for $23.99.

Why is everything cheaper at Costco? ›

While other stores feature elaborate displays and pristinely maintained shelves, Costco is simply a warehouse. Customers fill their carts from pallets of products piled on basic, industrial shelves. Packaging is simplified and goods are sold in larger quantities, all of which serve to drive costs down.

Who is more profitable Costco or Walmart? ›

When it comes to market share, Walmart still edges out Costco with about 10% of total US retail spend versus Costco's 2%. However, Costco pulls in an impressive $166 billion in annual revenues with far fewer stores. Both employ sophisticated analytics to optimize operations.

Are Costco prices actually lower? ›

Costco is known as a low-price leader, but as the big-box and warehouse store landscape becomes more and more competitive, it's getting harder to find unbeatable deals. Despite this, Costco still has some major purchasing power, which helps it keep costs way low.

How much does Costco pay compared to Walmart? ›

Costco understands the importance of attracting and retaining a skilled and incentivized workforce. According to an article published last June in Bloomberg Buisnessweek, Costco pays its hourly workers an average of $20.89 per hour versus an average wage of $12.67 per hour for full-time Wal-Mart employees.

Is Aldi cheaper than Walmart? ›

Regardless, the prices don't lie. Aldi is considerably cheaper than Walmart in almost every instance (or they were about the same).

Are paper towels cheaper at Walmart or Target? ›

Paper Towels

Walmart beats Target on Bounty paper towel prices. An eight-roll pack of Bounty Essentials Select-a-Size double white paper towels sells for $8.37 at Walmart, whereas the same size case sells for a few cents more at Target for $8.49.

Who is bigger Costco or Walmart? ›

Walmart is by far the world's biggest retailer and Costco is the third biggest.

Can you shop at Costco without a membership? ›

When you visit a Costco warehouse, you'll discover all the valuable savings we have to offer. As a nonmember, you may still purchase prescriptions from a Costco pharmacy with cash, debit, Costco Shop Cards or a Visa® card. However, you must be a paid member to enter the warehouse and purchase any other items.

Why does everyone go to Costco? ›

“Costco's excellent reputation for customer service and satisfaction has helped them build a loyal following among their affluent clientele,” Anderson said. Among Costco's standout customer service offerings are its free concierge technical support services and generous return policy.

Is Costco or Sam's better? ›

Costco is a publicly traded company, while Sam's Club is a subsidiary of Walmart. Costco's membership fees are more expensive and the prices of basic products at Sam's Club are generally cheaper. Costco has more stores worldwide, but Sam's Club has more stores in the U.S.

Does Costco treat their employees better than Walmart? ›

Costco pays more than Walmart, Target, and Kroger

Some of that comes from how it treats employees and wages play a big part in it.

What item does Costco make the most money on? ›

Read up on these secrets behind the famous Costco staple. It's actually something that you constantly need to buy but probably hate spending money on. That's right, Costco's best-selling item is toilet paper. They sell more than a billion rolls every year.

Is it better to work at Walmart or Costco? ›

Costco Wholesale employees rated their Recommend to a friend 19% higher than Walmart employees rated theirs. Costco Wholesale employees rated their Positive Business Outlook 21% higher than Walmart employees rated theirs.

Is Costco cheaper than most stores? ›

By buying products in bulk, Costco is able to pass on savings to its customers. Costco also keeps its costs low through its no-frills store design, its limited product selection, low employee turnover, and by selling many of its products through house brand Kirkland Signature.

Should I invest in Costco or Walmart? ›

While Costco appears to have the best growth prospects, that isn't enough to make it the best investment. Walmart trades at a lower valuation, and its higher dividend yield means you will receive more in dividend payments than you would on the same amount of money invested in Costco. That makes Walmart the winner.

Is Costco cheaper than Sam's? ›

Costco's membership fees are more expensive and the prices of basic products at Sam's Club are generally cheaper. Costco has more stores worldwide, but Sam's Club has more stores in the U.S.

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