Quantcast
Channel: Business Insider
Viewing all articles
Browse latest Browse all 76301

Sam's Club Vs. Costco: Which Is The Best Wholesaler For Your Wallet?

$
0
0

I’ve been trying to decide whether I should renew my membership to my local discount warehouse club.

Now that I no longer have kids in diapers (hallelujah!) and don’t have any plans to buy a flat-screen TV this year, I had to figure out whether my annual membership fee pays for itself in savings or not.

Curious to know where I might score the best deals, I hit the big ones near me: Costco WholesaleBJ’s Wholesale Club and Sam’s Club to see how they compare and what they can save a regular family of four.

Here’s how things shook out:

 

Sam's Club vs Costco vs BJ's Wholesale Club
Membership fees:$40 a year$55 a year$50 a year
Thomas’ English Muffins9-count, $2.9818-count, $5.4918-count, $8.88
WINNER  
Yellow onions10 pounds, $6.9810 pounds, $6.295 pounds, $5.49
WINNER  
Bananas3 pounds, $1.463 pounds, $1.393 pounds, $1.49
WINNER  
Jumbo sheet cake$20.98$17.99$19.99
WINNER  
The Laughing Cow Mini Babybel Cheese (.75 ounce servings)22-count, $8.9828-count, $9.9922-count, $8.69
WINNER  
Boneless, skinless chicken breasts$1.88 per pound$2.99 per pound$2.59 per pound
WINNER  
Take-and-bake pizza$7.99 to $8.87$8.99$7.99
WINNER 
Sabra Garden Hummus32 ounces, $6.4832 ounces, $5.9930 ounces, $5.99
WINNER  
Organic milkPack of 3 half-gallons (1½ gallons total), $10.98Pack of 3 half-gallons (1½ gallons total), $10.992 gallons, $6.79
WINNER  
Milk (non-organic)1 gallon, $2.961 gallon, $2.691 gallon, $2.69
WINNER 
Go-Gurt (2.25-ounce servings)32-count, $7.8032-count, $7.8932-count, $7.99
WINNER  
Unsalted butter4 pounds, $8.294 pounds, $7.994 pounds, $7.99
WINNER 
Snapple Diet Iced Tea24 20-ounce bottles (variety pack), $16.3024 20-ounce bottles (variety pack), $16.9924 20-ounce bottles(variety pack), $16.99
WINNER  
CheeriosTwo 20-ounce boxes, $5.78Two 20-ounce boxes, $6.29Two 20-ounce boxes, $6.29
WINNER  
Skippy Creamy Peanut ButterTwo 40-ounce jars, $9.16Two 48-ounce jars, $10.99Two 48-ounce jars, $10.99
WINNER
Coffee (house brand)Member’s Mark Breakfast Blend, 2.5 pounds, $12.20Kirkland Signature Starbucks Bean Coffee, 2 pounds, $10.99Earth’s Pride Organics, 2 pounds, $10.99
WINNER  
Starbucks Coffee32 ounces, $18.9840 ounces, $19.9940 ounces, $21.99
WINNER  
Bumble Bee Solid White Albacore TunaEight 5-ounce cans, $11.72Eight 7-ounce cans, $14.39Six 5-ounce cans, $8.99
WINNER  
Iams Adult Large Breed Dog FoodNot available at my location50 pounds, $39.9950 pounds, $39.99
WINNER 
Frontline Plus for Dogs (three-month supply, small breed)$38.10$37.99Not available at my location
WINNER  
Glad ForceFlex 13-Gallon Kitchen Trash Bags120-pack, $13.46130-pack, $14.99130-pack, $14.99
WINNER  
Ziploc Sandwich Bags500-pack, $8.98500-pack, $8.99240 snack bags, 250 sandwich bags combo pack, $9.99
WINNER  
Tide Liquid Detergent (170 ounces)$19.54$19.95$19.99
WINNER  
All Free Clear Liquid Laundry Detergent225 ounces, $13.98195 ounces, $12.99225 ounces, $14.99
WINNER  
Store-Brand diapers (size 4)Simply Right Baby Bare, 200-count, $35.38Kirkland Supreme Diapers, 180-count, $38.99Berkley & Jester, 140-count, $22.99
WINNER  
Huggies Snug & Dry Plus Diapers (size 4)168-count, $38.10180-count, $38.99168-count, $38.99
WINNER  
Huggies Pull-Ups (size 4T/5T, boys)72-count, $27.6672-count, $29.9972-count, $29.99
WINNER  
Tampax Pearl Tampons96-count, $13.8896-count, $13.9996-count, $14.49
WINNER  
Duracell AA Batteries48-count $18.9840-count, $14.9940-count, $14.99
WINNER 

What else to consider:

Got Gas?

On the day of my visit, Costco members were paying $3.69 per gallon for gas. Down the street about 50 yards, regular gas at another station was $3.75, meaning Costco members were savings 6 cents per gallon. Assuming you fuel up approximately 15 gallons per week, 52 weeks a year, that’s $46.80 a year of savings in gas—and double that for a two-car household. So if you are fortunate enough to live near a warehouse club with a gas station (not all have this), this is a major plus for you.

Go Big and Go Home (Think TVs and More)

When it comes to electronics, it’s worth a visit to your warehouse. It often has better deals on bigger-ticket items like televisions or computers as well as savings on swing sets and other backyard or home furniture pieces.

Alcohol and Medication

At my Connecticut Costco, anyone over 21 is allowed to shop in the well-stocked, stand-alone liquor store; you don’t have to be a member. The law on this varies state by state, so check your local regulations. However, all membership stores throughout the United States have to provide access to prescription drugs without requiring a membership. Which is good to know since they do provide some of the lowest prices on medications.

Do You Need All That?

Another big question is whether you have the pantry room to store the bigger sizes that warehouse stores offer. Remember: With fresh grocery items, you have to use them, freeze them or risk losing them to spoilage.

Fancy Feasting

One couple I interviewed insisted the meat was better at Costco. Another steak lover said he swears by the cuts at Sam’s Club. BJ’s had more organic offerings in the store I visited than the other warehouse shops (as well as the cutest refrigerated dog treats!), and I have heard from quite a few local moms that Costco’s cakes are the jam. If you are choosing from more than one club near you, it’s worth doing a walk-around before choosing which one most appeals to you. You’re welcome to visit; you just won’t be able to shop unless you join.

Paper Goods

So I tried to compare the cost of paper towels (Bounty) and toilet paper (Charmin), but the level of complexity due to one- versus two-ply, number of sheets, number of rolls and thickness was insane. Insane, I tell you! I’m going to call this a draw based on sheer exhaustion and a lack of a Ph.D. in mathematics. Sorry.

The Final Analysis

BJ’s: 8 wins

Costco: 15 wins

Sam’s Club: 13 wins

I was surprised at how close the price differences were between the three membership clubs. We’re talking pennies, not dollars. So it makes the most sense to join the club most convenient to you, or that offers the extras you want. And don’t forget that though Costco won our contest, they also charge $5 more than BJ’s and $15 more than a Sam’s Club membership.

I also walked around a few grocery stores and other non-membership big-box stores for further comparison, and the membership clubs were cheaper on almost every single one of the items listed above.

The Verdict

If you’re going to be doing a good chunk of your grocery shopping at a membership store, it is worth it.

Save Even More

Sam’s Club: Today through April 28, Sam’s Club is opening its doors to the public in 600 locations across the country to offers savings to non-members as well. Sam’s will provide complimentary food and beverage samples from 11 a.m. to 6 p.m. If you miss this opportunity, you can get a free one-day pass to Sam’s Club with this printable coupon. To find a Sam’s Club nearest you, click here.

Costco: Save 25% on your first purchase with a Costco TrueEarnings American Express Card and find other Costco coupons here.

BJ’s: Get more savings with BJ’s coupons.

Please follow Your Money on Twitter and Facebook.

Join the conversation about this story »


Viewing all articles
Browse latest Browse all 76301

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>