The Rising Cost of Gasoline
Gasoline prices have been steadily increasing year after year. In 2023, we are seeing some of the highest gas prices yet. With many people looking for ways to save money on gas, Costco has emerged as a popular option. But is it really worth it to become a member just for the gas savings?
The Benefits of Costco Membership
Costco is known for its bulk purchases and low prices. But did you know that Costco also offers some of the cheapest gas prices around? Costco gas prices are typically 10-15 cents cheaper per gallon than the average gas station. This can add up to significant savings over time, especially if you have a long commute or drive frequently.
The Cost of Costco Membership
To take advantage of Costco’s gas prices, you’ll need to become a member. Costco membership costs $60 per year for a basic membership, or $120 per year for an executive membership. While this may seem like a lot, the savings on gas alone can make up for the cost of membership.
How to Save Even More at Costco Gas Stations
If you’re already a Costco member, there are a few ways to save even more on gas. First, make sure you use a Costco credit card when you fill up. Costco’s credit card offers cashback rewards on gas purchases, as well as other purchases at Costco. Another way to save is by downloading the Costco app. The app often features special deals and coupons for gas purchases, which can help you save even more.
The Pros and Cons of Costco Gas Stations
While Costco gas prices are certainly some of the cheapest around, there are also a few downsides to consider. For one, Costco gas stations can be quite busy, especially during peak hours. This can mean longer wait times to fill up. Additionally, not all Costco locations have gas stations. If you don’t live near a Costco with a gas station, the savings may not be worth the drive.
The Verdict: Is Costco Worth It for Gas Savings?
Overall, if you have a Costco membership and live near a location with a gas station, it’s definitely worth taking advantage of the savings. However, if you don’t already have a membership and would only be joining for the gas savings, it may not be worth the cost. Ultimately, the decision to become a Costco member for gas savings will depend on your individual circumstances and driving habits. But if you do decide to take advantage of Costco’s gas prices, you can rest assured that you’re getting some of the cheapest gas around.