In a word yes it does however there are other considerations to make. Heres my experience from this week.
We really ran the cupboards and freezer down in December and January therefore we needed a Big food shop this week, this is why the cost is quite high for us. We have a membership (cost shared with family) at a wholesaler (Costco) and usually bulk buy meat, sugar, cheese (and any other special offers) there every few months as its seemed cheaper than the supermarket. So this month armed with a list based on meal planning for a whole month. I done the bulk of our shop at Aldi, Home Bargains, Iceland and the Costco. Usually I would use Asda or Morrisons and Costco. So its been an interesting experiment.
In order to get a comparison I have used the My Supermarket website and entered the items I normally buy from Asda then compared this with the receipts from the shops I have used this month. This is by no means an exact experiment but it has given me an idea.
My items cost me £183.08 between Aldi, Iceland, Sainsburys, Home Bargains and Costco. The same items would have cost me £229.49 at Asda. Gives me an approximate saving of £46.49 over the month, that would be over £500 per year! This is great but there are some flaws and new decisions have been made.
We have worked out that for us the Costco membership does not actually save us that much money over the year. Buying in bulk some months also skews my monthly food shopping budget and figure, one month it can make us overspend significantly and on others we will underspend due to not buying certain items we have previously bought in bulk. This is not great when I am trying to control the budget.
Then theres the cost of getting there and the annual membership. So tonight I’ve sat and worked out the savings we make versus the cost and we actually only save around £3 per year. Whereas by doing my shop in Aldi, Sainsburys etc I am already in the area so the extra fuel cost is minimal. This is really surprising as the actual figures are not what we thought!
So my conclusion is that shopping around really does pay off, for us to continue buying certain items in bulk is going to skew our budget too much so we will not continue to do this.
I would be delighted to hear about anyone else’s experiences?