You may know Costco as a pretty popular wholesale grocery store, especially since their prices sometimes can’t even beat the major grocery store chains today. But have you ever considered taking advantage of the Costco gas prices as well? If you haven’t, it may be time to consider it.
Costco Named No. 1 Brand for Low Gas Prices
In a survey collected by the Oil Price Information Service (OPIS) in March 2017, Costco was named the number one brand for the top-low prices among the Fuels 50 brands. Fuels 50 is a ranking of the most effective fuel brands by market efficiency or market share.
Obviously, prices vary based on location. But after a few random searches, it’s pretty obvious that Costco offers a pretty sweet deal for gas (followed closely by Sam’s Club). In Maple Grove, Minnesota, Costco offers regular gas at $2.35 a gallon. According to GasBuddy, the average price for gas in Hennepin County is $2.53.
Just to prove this point, let’s take a look at another town. In Addison, Texas (right outside of Dallas), gas prices average at $2.41. Costco offers $2.29 a gallon, which doesn’t even touch other gas stations that offer over a nickel more per gallon.
However, it seems that every good thing comes with a price. This price may not cost you much money, but it will cost you time. Costco is notorious for having long lines at the gas pump. So if you’re making a trip, it may be worth having someone run in for groceries or DIY supplies while you wait your turn to fill-er-up.
Having discounted prices for needs such as gas or food is how warehouses clubs such as Costco get the customers. By becoming a member of a Costco, you are open to a world of low prices for your everyday needs. Yes, the Costco gas prices and the food are pretty cheap, but did you know that Costco also sells home improvement and DIY equipment? That’s right! Stop at Costco for the cheap gas and you can even pick up some of your supplies for DIY needs including outdoor hardware, tools, and building materials.