Gas prices are soaring—here’s how save on gas with a Costco membership (2024)

Marissa Miller| Reviewed

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Whether you’re meal prepping for the week ahead, buying toiletries in bulk or looking for a great deal on a TV, there are plenty of reasons to shop at Costco—and right now, there's an even more compelling one: Cheap gas. The membership-only big box retailer has long been coveted for its massive inventory of groceries, home goods, clothing, personal care itemsand more. It basically has anything else you could ever need to survive a zombie apocalypse—or at least keep a well-stocked pantry, fridge and linen closet). It's also consistently one of the cheapest places to buy gas around, so if you're feeling the pinch at the pump as prices soar, you'll want to check this out.

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Boasting more than 113 million members over 62 million households, Costco operates 828 stores—or warehouses, as they're called—across 14 countries including the U.S., Canada, Japan, Spain, Iceland and France. Unlike a standard grocery or department store, you need a membership to shop there (and even just to get through the front door!). Costco keeps a highly curated 4,000 SKUs in inventory, which it's able to sell at wholesale prices.

►Deals on gas:Sam's Club memberships are virtually free right now—save on gas, appliances, pantry staples and more

►Gas prices:Gas prices top $4 a gallon nationwide, all-time record could be broken this week

If you're interested in shopping at Costco, here’s how a Costco membership works, including how much it costs and whether or not it's worth it for you and your family.

How much is a Costco membership?

There are two types of Costco membership: the Gold Star membership and the Executive membership. The Gold Star membershipcosts $60 per year andincludes two cards—one for you and one for someone else in your household—thatgrant you access to all locations worldwide along with Costco online.

The Executive membership costs $120 and similarly includes two cards and access to all locations around the world and online. However, you also get an additional 2% savings on all qualifying purchases (with a maximum total of $1,000 in savings per year), along with savings on vacations booked through Costco Travel.

What can you buy at Costco?

The better question is what can’tyou buy at Costco? The retailer offers a wide variety of products. In the grocery section, you'll find produce, fresh bakery goods,shelf-stable pantry items—like granola bars, snacks, spices and coffee—and frozen foods. The rest of the store is a haven ofapparel, name-brand electronics, furniture, cleaning supplies, beauty items, office supplies, plants, sporting goods, fitness equipment, pharmacy staples, bedding and a whole lot more (even caskets).

Keep in mind that the in-store and online shopping experience at Costco may drastically differ—the inventory is usually far greater online than it is in store, but it’ll be cheaper to shop in store thanks to shipping fees.

What are the main benefits of Costco?

Depending on where you live, there are a few key perks to a Costco membership.

Costco gasoline

With gas prices skyrocketing, the draw of Costco gasoline might be a big sell for getting a membership. At the self-serve gas stations—which are located next to the Costco warehouses—you can fuel up with Kirkland Signature gas and diesel for lower prices than you'd pay at other pumps.

Same-day delivery

In most metropolitan areas, you can take advantage of same-day delivery powered by Instacart for purchases of $35 or more.

Concierge services

If you purchase electronics—like a TV, camera, printer or laptop—at Costco, you can take advantage of free concierge services to help set up and operate your new buy.

Free samples

Free samples have long been the cherry on top of shopping at Costco. The in-store shopping experience also includes demos of electronics. Plus, while not free, you cangrab super cheap hot dogs, pizza and other goodies from the Costco food court.

Haul Away

Instead of having to move and discard bulk items like appliances and mattresses yourself, use Costco’s Haul Awayservice, which is available in select locations. Upon delivering your new item, the delivery team will remove your bulk item and recycle it.

Credit card savings

The Costco Anywhere Visa Card by Citi, which doubles as a membership ID, offers 4%back on eligible gas purchases, 3% back on eligible restaurant and travel purchases and2% back on all in-store and online purchases.

Is a Costco membership worth it?

The brand claims that the $60 fee for the Gold Star membership ends up paying for itselfif you shop at Costco frequently. Of course, this all depends on how much you buy and how often. If you're someone who likes to buy in bulk or who is shopping for a household, a Costco membership is a no-brainer. It's a great way to stock up on things you need—like a 12-pack of deodorant, 30 rolls of toilet paper and a 288-pound tub of macaroni and cheese—and spend a lot less than you would at a traditional grocery store or similar retailer like Target.

Sign up for a Costco membership starting at $60/year.

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Prices were accurate at the time this article was published but may change over time.

Gas prices are soaring—here’s how save on gas with a Costco membership (2024)

FAQs

Gas prices are soaring—here’s how save on gas with a Costco membership? ›

Gas at Costco, however, is just $4.29, a hefty savings of 50 cents a gallon. Filling up at Costco would cost $60.06, while going to a pricier station could cost $67.06. That's a difference of $364 annually — again, more than enough to justify the $60 membership fee.

Is a Costco membership worth it to save on gas? ›

Generally speaking, buying gas at Costco is significantly cheaper than doing so at a traditional gas station. The typical driver can save more than $100 per year. Buying gas at Costco can justify a membership all by itself.

Do Costco members get a discount on gas? ›

What Is the Costco Gas Discount and How Does It Work? It's not a “discount,” so much as exclusive access to Costco's fueling stations, which tend to be cheaper than others. Current Costco members can fuel up at Costco gas stations for gas that costs less per gallon than what the competition charges.

What are the benefits of getting gas at Costco? ›

It's good for your car

The fact that gas is cheaper at Costco doesn't mean it's lower in quality. The company offers Kirkland Signature gasoline, which is formulated to improve vehicle performance and fuel economy. Costco says the gas also reduces emissions, making it better for the environment.

Why is Costco gas not cheap anymore? ›

As gasoline prices fall, Costco does not lower prices at the same pace it raises them when prices are climbing. This allows the company to recoup some of the profits lost by doing the reverse when prices were rising.

Do you get 2 cash back on Costco gas with an executive membership? ›

Gas purchases, for example, do not earn you cash back as an Executive member. Neither do cigarette purchases or alcoholic beverage purchases in certain states. Additionally, Costco Shop Cards (Costco's version of a gift card) won't be eligible for cash back, and neither will postage stamps.

Which gas is better, Costco or Sam's Club? ›

While both Costco and Sam's Club offer unleaded, premium, and diesel fuels (here's how to know which you should be getting), only Costco offers Top Tier fuel. If you don't have a Costco membership, you can still find Top Tier gas at other stations. “Yes, Top Tier gas is worth the extra money,” CarFax reported.

Does Costco have a senior discount? ›

Unfortunately, though, Costco doesn't offer senior discounts. You'll need to prepare to pay $60 for a basic membership or $120 for an Executive membership. You may find, however, that the savings you enjoy can more than make up for those costs.

What brand of gasoline does Costco use? ›

Kirkland Signature™ Fuel has been certified to meet the Top Tier™ performance standards and is available in each product we sell. If you have a question about the station, fuel or safety please email us at KirklandSignatureFuel@Costco.com.

What are three perks of Costco Executive Membership? ›

Additional values are available to Executive Members such as lower prices on check printing, auto buying, roadside assistance included at no charge for vehicles covered through the Auto Insurance program and additional travel benefits.

Where does Costco gas come from? ›

Where does Costco buy their gas? Same place the gas stations do-a fuel distributor, who gets it from the refinery. All pump gas is essentially the same stuff, the difference is the type and amount of additives, that are added when the fuel is pumped into the tanker truck.

Is Costco fuel good quality? ›

Good station operation and maintenance means the fuel is filtered and that contaminants, such as sediment and water, do not find their way into our members' vehicles. Costco fuel stations are well-maintained by our capable attendants so you may be confident that the fuel going into your car is clean.

How to get gas at Costco if you forgot your card? ›

Digital Membership Card: Alternatively, you can download the Costco app on your iOS or Android phone and set up a digital membership card [2]. This digital membership card can be used anytime you forget your physical card.

Is Costco gas as good as Chevron? ›

Costco gas is EXACTLY THE SAME as Chevron, Shell, etc etc. BEFORE delivered. After being delivered the companies put their detergents/additives in, that's what makes them "unique". Costco, however, blends their own fuel onsite, and filters it as well.

Does Costco gas have detergent in it? ›

Costco offers Top-tier gasoline, ensuring that their fuel contains higher levels of detergents, which contribute to engine cleanliness over time. On the other hand, Sam's Club does not provide Top Tier gasoline. We can verify that the gas quality is not the same at Sam's Club and Costco.

Who makes the best gasoline? ›

The 55 Top Tier fuel brands in the U.S.
  • Aloha.
  • ARCO.
  • Beacon.
  • Belmont Car Wash.
  • CITGO.
  • Cenex.
  • Chevron.
Jan 19, 2024

Is Costco really saving you money? ›

As he showed, many items are priced lower at Costco than at competing stores and if you can shave even a little bit off your grocery bill each week by buying them there, the savings can add up. However, Ramsey also explained that while you can save money, there's no guarantee you will.

What makes a Costco membership worth it? ›

If you buy your home or auto insurance through Costco, the Executive membership will get you some exclusive benefits such as roadside and lockout assistance. If you're on the cusp of a $3,000 annual spend but also use those services, it might make the membership worthwhile.

At what point is a Costco membership worth it? ›

A Costco membership may be worth it if you live in a multiperson household and want to purchase items in bulk and potentially save on groceries and home goods.

Are you really saving with Costco? ›

Buying in bulk at Costco is a great way to save money -- if you purchase the right products. But if you buy items in bulk that you don't use up before they expire, then you're basically throwing money away.

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