Costco vs. LCBO: Where to Find the Best Wine Deals in Ontario

Costco vs. LCBO: Where to Find the Best Wine Deals in Ontario

If you’re a wine lover in Ontario, you may be interested in the potential savings from buying wine at Costco compared to the LCBO (Liquor Control Board of Ontario). While Costco locations in Ontario now sell a selection of alcoholic beverages, it’s important to be aware of some nuances in price listings between the two retailers.

Key Pricing Differences: Taxes and Deposits

Unlike LCBO prices, which include tax and deposit, Costco’s wine prices are listed without these costs. To give a true comparison, we’ve added the 13% HST and deposit fees to Costco’s prices. Here’s a breakdown of popular wines and how they stack up:


  1. Bread & Butter Chardonnay (1.5 L)
    • Costco: $34.09
    • LCBO: $34.95
    • Savings: $0.86
  2. Wayne Gretzky Cabernet Merlot VQA (3 L)
    • Costco: $45.39
    • LCBO: $47.95
    • Savings: $2.56
  3. Wayne Gretzky Pinot Grigio VQA (3 L)
    • Costco: $45.39
    • LCBO: $47.95
    • Savings: $2.56
  4. Wayne Gretzky Brut Sparkling VQA (750 ml)
    • Costco: $17.14
    • LCBO: $17.95
    • Savings: $0.81
  5. Stoneleigh Sauvignon Blanc (750 ml)
    • Costco: $19.40
    • LCBO: $19.95
    • Savings: $0.55
  6. Folonari Pinot Grigio (3 L)
    • Costco: $43.90
    • LCBO: $48.95
    • Savings: $5.05
  7. Folonari Valpolicella (1.5 L)
    • Costco: $26.98
    • LCBO: $29.95
    • Savings: $2.97
  8. Konzelmann Cabernet Sauvignon VQA (750 ml)
    • Costco: $17.07
    • LCBO: $18.95
    • Savings: $1.88
  9. La Marca Prosecco (750 ml)
    • Costco: $21.66
    • LCBO: $21.85
    • Savings: $0.19
  10. Flat Rock Cellars Chardonnay VQA (750 ml)
    • Costco: $20.53
    • LCBO: $21.95
    • Savings: $1.42
  11. Peller Estate Ice Wine VQA (200 ml)
    • Costco: $26.08
    • LCBO: $27.95
    • Savings: $1.87

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Summary of Savings

As the comparisons show, Costco generally offers slightly better prices on several popular wines. While the savings per bottle may not seem substantial, they can add up over time, especially if you’re a frequent wine buyer.

Is Costco Worth It for Wine Shoppers?

The convenience and membership benefits at Costco make it a competitive choice for alcohol purchases. However, for those who don’t shop there often or lack a membership, LCBO remains a reliable and accessible option for wine and other spirits. Additionally, LCBO’s extensive selection and access to exclusive brands may be factors to consider.

In conclusion, if you’re looking to save a few dollars on your favorite wine brands, Costco may be worth the trip. However, it’s always good to compare prices based on your personal consumption habits and preference for convenience.

About Sophie Wilson 718 Articles
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.

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