Costco May Not Have Cheaper Gas After All, New Data Shows

One of the most valuable benefits of a Costco membership has always been access to Costco Gas Stations. recognised for its low gallon rates and has gained a lot of new followers in recent months as inflation has driven diver expenses higher and higher.

Costco has not been a source of solace for members in many of the country's largest cities as gas prices continue to rise to around $4.60 per gallon.

California drivers are paying some of the highest gas prices in the country, with one station reportedly charging more than $8 per gallon.

Similar tendencies are being observed in Hawaii, but as Beat of Hawaii points out, going to Costco to stock up on groceries isn't saving anyone much money—and this is true in other locations as well.

According to the website, there are six Costco gas stations on the several islands that make up The Aloha State, and they normally provide roughly $0.75 cheaper per gallon than other stations...

Despite the fact that Costco is normally cheaper than local stations, the significant price difference has vanished "It clarifies. "As a result, while we don't mind stopping at Costco when it's handy, we'll no longer go there to acquire petrol.

Long queues, required credit card payments, and inconvenient locations are all reasons why drivers in Hawaii should avoid the wholesale business, according to the report.

According to GasBuddy, the Costco in Kahului on the island of Maui is pricing $4.89 per gallon as of June 1, which is the same as a Safeway about a mile away.

So, while some studies show that joining up for a $60 membership can save you $300 on gas each year, that doesn't appear to be the case in 2022 if gas prices continue to rise or remain stable.

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