Comment by hparadiz
17 hours ago
The basic membership is $65. If all you do is get a year's worth of detergent, toilet paper, and cleaning supplies chances are that will already pay for the membership. They also have grocery items that are kinda wholesale but not really. Pantry stuff like a bag of nuts that you can go through on your own in under a week that is marked down significantly from the grocery store. Oh also olive oil is another big one for me.
The issue for many apartment-dwellers is storage. You can't store a year's worth of detergent, toilet paper, and cleaning supplies in an apartment.
Costco really incentivizes shopping in bulk, from the huge value-pack sized portions to the focus on frozen & dry goods to the super-sized carts to the anxiety-inducing shopping experience. My wife and I shoot to go no more than once a quarter, just because it's a hassle.
We found our habits (and need for Costco) changed dramatically once we moved into a home and could now put in a chest freezer and pile toilet paper rolls in a corner.
Yes I'm cognizant of that. Not everything I get there is a large item. The dishwasher detergent for example goes under the sink. Bulk is basically a two pack. Coffee also just throw it in the pantry. Ditto for other drinks and food items. And electronics. I've gotten a MacBook air from Costco only for the extended warranty they offer. Another perk is free installs which I guess doesn't apply for apartment folks but I will say I got a dishwasher from them and the install being included was on it's own worth the price.
I actually only got Costco originally when I lived in Hawaii and it's kinda a requirement there but kept it cause it's actually really nice.
Is it a requirement in Hawaii because of the generally high prices of everything there?
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We live in a smaller place and my wife and I just piggyback off friends and end up going roughly once a quarter as well. We do have enough space for a year's worth of toilet paper, cleaning supplies, etc but even then it's often not worth the hassle of driving (we live in an urban enough area that we don't drive often), parking, fighting through lines, etc just to get stuff once a quarter.
>The basic membership is $65. If all you do is get a year's worth of detergent, toilet paper, and cleaning supplies chances are that will already pay for the membership.
Maybe savings are that large if you're comparing against regular prices at retailers, but if you wait for sales, they're as cheap, if not cheaper than Costco.
Depending on how close/far your Costco is, it could be worth it for fuel savings alone. They're generally $0.15-$0.30 / gallon cheaper than nearby gas stations. I've seen it as much as $0.60 / gallon cheaper on occasion. On top of that, their gas is Top Tier.
you could get the annual supply, then cancel your membership and get the membership refund. then repeat next year. Its within their rules.
Seems like quite a pain in the ass to save the equivalent of $7/month. If you value your time at all it's barely worth it.
The simpler variant of this is to obtain a gift certificate. They are required to let you spend it it, so you can get into the store that way. Bring cash, though -- they don't love that people do this, so they don't always take credit cards on these transactions.
If you ever visit Japan, you can buy a Costco membership there for $35 and use it in the US.
I heard you can also get someone with a membership to buy you a gift card, and use the reloadable gift card for continued access. (Or buy one for yourself and then cancel your membership.)
If you do most of your grocery shopping there like me, you can get the executive membership which gives you 2% cash back on everything at the end of the year which for me makes the membership completely free. Pay with the Costco credit card and you get an additional 2%.
to me this erodes trust in the Costco brand, they should've put these back in the prices, as this suggests everyone else are paying extra 4%
For the kinds of people who post on HN, the real savings of a Costco membership is that they regularly have high-end electronics, appliances, and home furnishings at $50-100 or more off retail elsewhere. Get a robot vacuum or a couch or a VR headset for $100 off and your membership's already paid for itself that year. For several years, if you need to replace a refrigerator or washing machine.
> Get a robot vacuum or a couch or a VR headset for $100 off and your membership's already paid for itself that year
I think one danger with Costco is that it encourages overconsumption. It may feel like you're saving money - but you'd save even more just not buying a robot vaccum or VR headset.
If you do the research and decide you would benefit from a robot vacuum, compare different models to decide on the best fit for your needs, and then check prices at different stores and find that it's cheapest at Costco - then yeah I'd say you're saving money. But I'd venture to guess that most robot vacuums are just bought on impulse during Black Friday sales (for example) - which I don't think counts as saving money even if you get a big discount from the MSRP.
To be fair, this isn't a problem unique to Costco. I'm guilty of buying a lot of junk on Amazon.
> If you do the research and decide you would benefit from a robot vacuum, compare different models to decide on the best fit for your needs, and then check prices at different stores and find that it's cheapest at Costco - then yeah I'd say you're saving money.
That sounds like you might well be spending more time than the money you're saving.
Paired with a costco credit card it usually pays for itself.