I never did a ton of comparison shopping on food items because I always presumed that in an efficient market food prices would generally land within a couple dollars of each other. You could save some money, but even over a year you were not going to move the needle a ton. Rising prices at Wegmans made me rethink this and I now am eating my shoe.
By The Numbers
- In March 2022 a rotisserie chicken from Wegmans on Instacart was $6.89.
- Today the same rotisserie chicken is a greedy $11.49. a 66% increase.
- Costco famously charges $5 for its rotisserie chicken.
- The differential in shifting our typical bacon consumption from Wegmans to Costco would be nearly $200.
Meal Delivery Apps are Even Worse
Recently I was offered a 50% off incentive for an Uber Eats delivery meal, and so I got $30 of food for $15. The entire discount was eaten away by a service fee ($4.97), a delivery fee ($3.49), and the tip for the delivery person ($4.21). I had a great few years of decent pricing, but now the service and delivery fees are creeping up, my enthusiasm is falling.
Now I am a Costco Believer
Not everything is cheaper at Costco or makes sense to buy in bulk. I hate shopping in-person which is why I have been such a fan of Instacart. However the savings end up being worth it, and Costco offers a partnership with Instacart including a $20/off a year discount on Instacart+, and competitive pricing on its white label Instacart site.
One More Thing
Costco also has exclusive discounts on gift cards and subscriptions, including $30 off an annual subscription to Apple News+.