The Foundation of Frugal Shopping: Mastering the Math
Before we even step into a specific aisle, the single most important tool for saving money is understanding the unit price. The unit price is simply the cost of a product broken down into a standard unit of measurement, like the price per ounce, per pound, or per item. It’s the great equalizer that allows you to compare two different-sized packages and know, with certainty, which one is the better value.
Most shelf tags at Walmart display the unit price in small print, usually in a corner of the label. However, knowing how to calculate it yourself is a powerful skill, especially if a label is missing or you want to compare products measured in different ways. The formula is simple: divide the total price by the quantity.
Let’s look at a simple math example with coffee. Imagine you see a 12-ounce can of coffee for $5.40 and a larger 30-ounce can for $12.00. At first glance, the smaller can seems cheaper. But let’s check the unit price. For the first can, you divide $5.40 by 12 ounces, which comes out to $0.45 per ounce. For the larger can, you divide $12.00 by 30 ounces, which is $0.40 per ounce. In this case, the larger can saves you 5 cents on every single ounce. Over the course of a year, those small savings add up to a significant amount.
This skill is also your best defense against a sneaky practice called shrinkflation. This is when a manufacturer reduces the size or quantity of a product (for example, a bag of chips has fewer chips, or a roll of paper towels has fewer sheets) but keeps the price the same. If you aren’t paying attention to the unit price, you might not notice that you’re getting less for your money. By making a habit of checking this number, you’ll always know the true cost of what you’re buying.
Always trust the math, not the packaging. A “Family Size” or “Value Pack” label doesn’t automatically mean it’s the best deal. Sometimes, two smaller sale-priced items are cheaper per unit than one large regular-priced one. Take a moment, do the simple division, and let the unit price be your guide.