Is it cheaper to shop at a brick & mortar Costco store or online at Amazon? After comparing 38 identical items (and many free samples from Costco!) from each place, LendEDU was able to crunch the numbers in their comparison of Costco vs. Amazon
The key findings:
- If all 38 items were purchased at the exact same time, buying off Amazon would be 12.10% more expensive than shopping at a physical Costco store
- On average, Amazon items were 56.48% more expensive than the identical items at the Costco store
- The most narrow price difference was with technology products, and Beats 3 wireless earphones were actually 21.12% cheaper on Amazon
- The widest price difference that favored Costco was with food and beverage products that, on average, were 120.15% cheaper at Costco
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