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Walgreens vs Costco

WB

Walgreens Boots Alliance

Global pharmacy retailer with 8,600+ US locations and leading digital health services.

Customers needing quick pharmacy access, frequent small purchases, or those without membership

VS
Costco Wholesale

Costco Wholesale

Membership-based warehouse club retailer focused on bulk purchasing and curated product selection.

High-volume household shoppers, families, small businesses, and those seeking maximum savings on bulk purchases

Short Answer

Walgreens is a traditional pharmacy and convenience retailer with 8,600+ locations offering accessible healthcare services and quick shopping, while Costco is a membership-based warehouse club with 870 locations focused on bulk purchasing and lower per-unit prices for high-volume buyers.

Our Verdict

AI-assisted

Choose Walgreens if you need immediate access to pharmacy services, want to avoid membership fees, require frequent small purchases, or prefer shopping at hundreds of nearby locations. Choose Costco if you buy in bulk, want the lowest per-unit prices, don't mind paying an annual membership fee, and shop for multiple household members or businesses.

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Walgreens Boots Alliance6.7
8.3Costco Wholesale

Choose Walgreens Boots Alliance if

Customers needing quick pharmacy access, frequent small purchases, or those without membership

Choose Costco Wholesale if

High-volume household shoppers, families, small businesses, and those seeking maximum savings on bulk purchases

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Key Differences at a Glance

πŸ”Ή
Business Model: Costco Wholesale wins (Membership-only warehouse club vs Open-access pharmacy and convenience retail)
πŸ”Ή
Store Locations (US): Walgreens Boots Alliance wins (8,600+ locations vs 870 locations)
πŸ”Ή
Membership Fee: Walgreens Boots Alliance wins (None required vs $65-$130/year (Gold/Executive))
See all 7 differences

Key Facts & Figures

MetricWalgreens Boots AllianceCostco WholesaleDiff
US Store Locations(stores)8,600+870+889%
Annual Membership Cost(USD)Free$65-$130-100%
Price Premium vs Competitors(percent)+15-20%-20-30%+170%
SKUs per Location(items)3,500-4,0003,500-4,500-6%
Average Transaction Value(USD)$25-35$150-200-83%
Executive Membership Cash Back(percent)0%2%-100%
Prescription Discount for Members(percent)Varies by plan20-50%β€”
Total US Store Locations(stores)8,600+β€”β€”
Annual Revenue (FY2023)(USD billions)$132.7Bβ€”β€”
Mobile App Downloads(millions)50+Mβ€”β€”
Average Prescription Wait Time(hours)2-4 hoursβ€”β€”
Maximum Loyalty Rewards Rate(percent)10%β€”β€”
Year Founded(year)1901β€”β€”
Annual Membership Cost(USD)$65 (Gold Star)$65 (Gold Star)β€”
US Store Locations(stores)569 warehouses569 warehousesβ€”
Product Selection (SKUs)(SKUs)~4,000 SKUs~4,000 SKUsβ€”
Milk (1 gallon) Price Premium vs Costco(percent)BaselineBaselineβ€”
Return Policy Window(days)730 days (2 years)730 days (2 years)β€”
Average Customer Visits Per Year (heavy users)(visits)24-36 visits/year24-36 visits/yearβ€”
Membership Breakeven Point (Annual savings)(USD)$65-130 (Gold/Executive breakeven)$65-130 (Gold/Executive breakeven)β€”
Average Savings on Bulk Items vs. Retail(percent discount)20-40% discount20-40% discountβ€”
Average Transaction Time(minutes)45-6045-60β€”
Product Selection (SKUs)(items)3,700-4,000 (curated)3,700-4,000 (curated)β€”
Annual Member Savings (Frequent Shoppers)(USD)$500-$800$500-$800β€”
Gas Station Discount vs Market Rate(cents per gallon)40-60Β’ cheaper40-60Β’ cheaperβ€”
Annual Membership Fee (Gold/Basic)(USD)$65$65β€”
Global Warehouse Locations(locations)870870β€”
Private Label Product Count(products)3,5003,500β€”
Member Satisfaction Rate(%)88%88%β€”
Average Annual Spending Per Member(USD)$2,850$2,850β€”
Rotisserie Chicken Price(USD)$4.99$4.99β€”
Annual Revenue (2024)(billion USD)$252.6 billion$252.6 billionβ€”
Customer Satisfaction Score(ACSI points)82/10082/100β€”
Physical Store Count(locations)870 warehouses870 warehousesβ€”
Product Catalog Size(SKUs)3,7003,700β€”
Membership Cost (Annual)(USD)$65 (Gold Star basic tier)$65 (Gold Star basic tier)β€”
Operating Margin(percent)4.1%4.1%β€”
Member Renewal Rate(percent)94%94%β€”
Median Delivery Time(days)Immediate (in-warehouse purchase)Immediate (in-warehouse purchase)β€”

All figures sourced from publicly available data. Last updated Jun 2026.

Key Differences

Business Model

Walgreens Boots Alliance

Open-access pharmacy and convenience retail

Costco Wholesale

Membership-only warehouse clubπŸ†

Store Locations (US)

Walgreens Boots Alliance

8,600+ locationsπŸ†

Costco Wholesale

870 locations

Membership Fee

Walgreens Boots Alliance

None requiredπŸ†

Costco Wholesale

$65-$130/year (Gold/Executive)

Average Transaction Value

Walgreens Boots Alliance

$25-35 (quick shopping)

Costco Wholesale

$150-200 (bulk buying)

Pharmacy Services

Walgreens Boots Alliance

Full prescription, vaccinations, health consultationsπŸ†

Costco Wholesale

Pharmacy available but limited services

Price per Unit (Household Items)

Walgreens Boots Alliance

15-20% premium vs warehouse clubs

Costco Wholesale

20-30% lower per unit than traditional retailπŸ†

Product Selection

Walgreens Boots Alliance

3,500-4,000 SKUs per store

Costco Wholesale

3,500-4,500 SKUs with rotating seasonal items

Full Comparison

Walgreens Boots Alliance
Costco Wholesale
US Store Locations(stores)
8,600+
870
Physical Store Count(locations)
870 warehouses
β€”
Annual Membership Cost(USD)
Free
$65-$130
Price Premium vs Competitors(percent)
+15-20%
-20-30%
Annual Membership Cost(USD)
$65 (Gold Star)
β€”
Milk (1 gallon) Price Premium vs Costco(percent)
Baseline
β€”
Average Savings on Bulk Items vs. Retail(percent discount)
20-40% discount
β€”
Show 2 more attributes
Bulk Electronics Price Competitiveness(%)
Standard pricing
β€”
Membership Cost (Annual)(USD)
$65 (Gold Star basic tier)
β€”
SKUs per Location(items)
3,500-4,000
3,500-4,500
Product Selection (SKUs)(SKUs)
~4,000 SKUs
β€”
Product Selection (SKUs)(items)
3,700-4,000 (curated)
β€”
Private Label Product Count(products)
3,500
β€”
Pharmacy Services Depth
Full-service: prescriptions, vaccinations, consultations, health screenings
Limited: prescriptions and pharmacy services only
Pharmacy Services Available
Pharmacy only
β€”
Average Transaction Value(USD)
$25-35
$150-200
Executive Membership Cash Back(percent)
0%
2%
Prescription Discount for Members(percent)
Varies by plan
20-50%
Total US Store Locations(stores)
8,600+
β€”
Annual Revenue (FY2023)(USD billions)
$132.7B
β€”
Bankruptcy Status(status)
Solvent (No bankruptcy)
β€”
Mobile App Downloads(millions)
50+M
β€”
Average Prescription Wait Time(hours)
2-4 hours
β€”
Maximum Loyalty Rewards Rate(percent)
10%
β€”
Year Founded(year)
1901
β€”
US Store Locations(stores)
569 warehouses
β€”
Return Policy Window(days)
730 days (2 years)
β€”
Average Customer Visits Per Year (heavy users)(visits)
24-36 visits/year
β€”
Membership Breakeven Point (Annual savings)(USD)
$65-130 (Gold/Executive breakeven)
β€”
Average Transaction Time(minutes)
45-60
β€”
Median Delivery Time(days)
Immediate (in-warehouse purchase)
β€”
Annual Member Savings (Frequent Shoppers)(USD)
$500-$800
β€”
Gas Station Discount vs Market Rate(cents per gallon)
40-60Β’ cheaper
β€”
Annual Membership Fee (Gold/Basic)(USD)
$65
β€”
Global Warehouse Locations(locations)
870
β€”
Return Policy Duration (General)(days)
Unlimited
β€”
Member Satisfaction Rate(%)
88%
β€”
Average Annual Spending Per Member(USD)
$2,850
β€”
Rotisserie Chicken Price(USD)
$4.99
β€”
Annual Revenue (2024)(billion USD)
$252.6 billion
β€”
Operating Margin(percent)
4.1%
β€”
Customer Satisfaction Score(ACSI points)
82/100
β€”
Product Catalog Size(SKUs)
3,700
β€”
Member Renewal Rate(percent)
94%
β€”

Visual Comparison

Side-by-side comparison of numeric attributes

Pros & Cons

Walgreens Boots Alliance

5 pros2 cons

Pros

  • 8,600+ locations for maximum convenience and accessibility
  • No membership fee required for shopping
  • Full-service pharmacy with prescriptions, vaccinations, and health consultations
  • Extended hours (many 24-hour locations)
  • Quick shopping format ideal for last-minute needs

Cons

  • 15-20% higher prices per unit compared to warehouse clubs
  • Limited bulk-buying discounts and lower savings on large purchases

Costco Wholesale

5 pros2 cons

Pros

  • 20-30% lower per-unit prices vs traditional retail for bulk items
  • Premium Executive membership includes 2% cash back on purchases
  • High-quality private label (Kirkland Signature) products
  • Excellent return policy (unlimited refunds on most items)
  • Pharmacy discount program saves members 20-50% on prescriptions

Cons

  • Annual membership fee of $65-130 required to shop
  • Only 870 US locations limits accessibility for many customers

Frequently Asked Questions

Costco is typically 20-30% cheaper per unit for bulk items due to its warehouse model and lower operating costs. However, you must factor in the $65-130 annual membership fee. Walgreens is more expensive per unit but requires no membership, making it better for small, occasional purchases.

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