How Much Does Costco Gas Cost Today? Snapshot of Prices Across the U.S. | CostContessa (2024)

FAQs

What is the best day to buy gas at Costco? ›

Gas stations can get busy (avoid weekends)

Avoid weekend fill-ups if you can. Buying gas on a weekend could be a nightmare, as waiting times could take hours. To avoid this, the best time to get gas at Costco is on weekdays between 10-11 in the morning.

The short answer is that unlike pretty much every other retail business that sells gasoline, Costco doesn't care about making money from its gas pumps. In fact, Costco typically sells its gas at a moderate loss. Why would Costco do this? It's not an act of charity.

Costco Gas Stations offer consistently low, member-exclusive prices. With the Costco app, you can check Costco gas prices on your phone. On the app, find your local warehouse to see hours of operation, gas prices and more warehouse details. If you'd like to compare gas prices in your area, check out the GasBuddy app.

Buy Gas on Monday or Tuesday

Be strategic about the days you fill up at the pump. “For gas, Mondays and Tuesdays tend to be the cheapest days to fill up your tank as demand is lower at the beginning of the week,” Anderson said.

Q: Where does Costco get its fuel? A: Costco buys fuel from major refineries and distributors in each area. All Kirkland Signature™ Fuel is guaranteed, just like the merchandise we sell inside the warehouse.

You will be required to show your membership card when entering any Costco warehouse and when checking out at a payment register. Bar codes, photos or other copies are not acceptable. Your membership card must have a card number and recognizable, unobstructed full-face photo to be valid.

Transactions that qualify as gas purchases for the Costco Credit Card include those made at Costco and at almost all other gas stations. EV charging purchases are also eligible for the 4% cash back bonus.

Your Costco Anywhere Visa Card is now an active payment method in your Digital Membership Card and is ready to be used at Costco registers (excluding the gas station and food court). CAN I ADD MULTIPLE CREDIT CARDS TO MY DIGITAL MEMBERSHIP CARD? Yes!

So where does Costco make most of its money? Simple: membership subscription fees. A Costco membership is either $60 or $120 a year and comes with minimal costs for Costco.

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.

Costco is mainly owned by institutional investors, who own over 70% of shares. The largest shareholders in December 2023 are: The Vanguard Group (9.10%) BlackRock (6.90%)

Costco is listed as a TOP TIER™ gasoline retailer. Find out more at www.toptiergas.com. Kirkland Signature™ Gasoline contains five times the EPA detergent requirement in both regular unleaded and premium grades, and is formulated to clean your engine and help your vehicle run like new.

Mississippi has the lowest price of gas, with an average of $2.99 per gallon of regular gas.

Buying gas at Costco can save you money -- typical savings are around $0.20 per gallon. It makes stopping at the warehouse club more convenient -- you can buy groceries and fuel up your car. The higher quality of Costco gas could help your vehicle run more smoothly.

Best Day of the Week

According to a GasBuddy petroleum analyst, Monday and Tuesday is when gas prices are typically at their cheapest. As the week goes on, prices steadily tend to rise while finally culminating in the highest price during the weekend.

If you are filling up in the middle of a hot day, the gasoline may expand, causing you to get less gasoline in your vehicle, which means you pay more for less. Filling up in the morning when it is cooler can help ensure the gasoline has contracted, and you get a larger amount of fuel for the same price.

Costco is listed as a TOP TIER™ gasoline retailer. Find out more at www.toptiergas.com. Kirkland Signature™ Gasoline contains five times the EPA detergent requirement in both regular unleaded and premium grades, and is formulated to clean your engine and help your vehicle run like new.