Costco is a wholesale retailer that sells products in bulk and requires shoppers to purchase an annual Gold Membership priced at $60.
Pay to shop? Really? Yes, and I think the $60 is totally worth it, especially for parents who love to meal plan and buy in bulk. You can also buy petrol at a much lower price than most fuel stations.
Now, when I say bulk, I mean BULK. Costco sells giant slabs of meat, gigantic pizzas, big packets of cereal and huge boxes of baby wipes, Huggies nappies and loads of great stuff for kids, such as toys, books, activity and craft packs, bathers, shoes, clothes, and even outdoor play equipment and game consoles.
If you are savvy about your unit prices - usually the price per 100g or per kilogram - you can really make Costco work to reduce the cost of your grocery shop. By buying in bulk and paying a lower unit price for items, you will save money in the long term.
Costco is great for stocking up on the essentials, such as toilet paper, paper towel, cleaning products and laundry items. As an example, I bought 2x2 litre bottles of fabric softener and one has lasted me almost 6 weeks so far. Not only do I pay a lower unit price than the supermarkets, but thatís one less thing I have to buy at a weekly grocery shop.
My family do a once a month shop at Costco to stock up on bulk meat, which we typically freeze for future meals, plus frozen foods, toiletries and cleaning products, then grab whatever we canít get at Costco in a weekly grocery shop, which is a lot smaller than it used to be.
So will you make back your $60 in savings? Absolutely. After all, $60 a year works out to be $5 a month - buy one less coffee a month and youíve got the $60.
I love shopping at Costco. It has helped bring down the cost of our household grocery bill, and I love the quality of what we have tried so far. Itís unlikely you will get everything you need or want at Costco. They only stock a small number of brands, so may not have your favourite. But you will likely find new favourites.