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The Price Gap: How Much You Can Save With Walmart’s Great Value

Walmart launched their own private label, Great Value in 1993 to offer shoppers high-quality groceries that were affordable. [1] The Takeout, 'The Major Name Brand Behind Walmart's Great Value Bread', 2026 https://www.thetakeout.com/2079373/brand-name-great-value-walmart-bread-sara-lee/ Alongside Great Value, Walmart owns several private brands including bettergoods, Marketside and Ol’ Roy, [2] The Takeout, 'Walmart Owns More Brands Than You Realize — Great Value Is Just The Start', 2026 https://www.thetakeout.com/2087813/walmart-owns-brands-more-great-value-explained/ but Great Value is still widely recognized for its savings. [3] Chowhound, 'Where Are Most Of Walmart's Great Value Food Products Made?', 2025 https://www.chowhound.com/1947490/where-are-walmart-great-value-food-products-made/

As the cost of everyday essentials continue to grow across the U.S., [4] U.S. Bureau of Labor Statistics, 'Consumer Price Index Summary', 2026 https://www.bls.gov/news.release/cpi.nr0.htm research conducted on behalf of Self Financial set out to discover the real cost of buying branded products over Walmart’s own private label Great Value items.

A private label brand is a product owned and sold by a retailer but usually manufactured by another company, and it is typically only available in that retailer’s stores. [5] Shopify, 'What Is a Private Label? How Private Labels Work (2026)', 2026 https://www.shopify.com/uk/blog/what-is-private-label For example, Great Value products are owned and sold by Walmart. On the other hand, a national brand is owned by a manufacturer and sold through many different retailers across the country. [6] All Business, 'Definition of national brand' https://www.allbusiness.com/dictionary-national-brand-4959205-1.html Examples include Coca-Cola, Nike, and Levi’s.

The study relied on an existing list of an average grocery shop based on a 2024 report by Drive Research and compared the price of nationally branded items with the equivalent Great Value product, ensuring the same volume or quantity was chosen for each product. Items were excluded from the study if they didn’t have a Great Value alternative, which was often the case for fruit and vegetables.

The results show the value of shopping strategically, and where you can make the biggest savings.

Key findings:

Contents

How much can be saved by buying Walmart’s Great Value products?

The research indicates that shoppers could achieve substantial savings by purchasing Walmart’s Great Value products instead of national brands. On average, consumers save almost $50 per grocery shop ($46.25) when switching exclusively to Great Value products.

A survey by Snipp in March 2025 found that 48% of respondents were grocery shopping weekly. [7] Snipp, 'How Inflation is Reshaping Grocery Shopping in 2025', 2025 https://www.snipp.com/hubfs/Snipp-Inflation-Grocery-Shopping-Shopper-Survey.pdf Using this as a basis, shoppers could save around $201 per month or $2,405 per year by making swaps from national brands to Walmart’s Great Value products.

Shoppers could save $2,405 per year by making swaps from national brands to Walmart’s Great Value products.

The greatest price difference was found in eggs, where consumers saved $5.42 by switching from national brands to Walmart’s Great Value alternative, representing a 78.7% reduction in price. Other items offering significant savings included instant oatmeal packets ($4.70), butter ($4.39), and potato chips ($4.14).

Eggs ($5.42), instant oatmeal packets ($4.70), butter ($4.39) and potato chips ($4.14) offer the highest savings in the study by swapping from national brands to Walmart’s Great Value products.

Out of the 20 grocery items analyzed, 18 were cheaper when bought as Great Value alternatives, highlighting the price advantage of private-label goods compared with branded equivalents.

How much can shoppers save by swapping to Great Value products?
Product Savings
Eggs $5.42
Instant oatmeal packets $4.70
Butter $4.39
Potato chips $4.14
Milk $4.04
Olive oil $4.04
Yogurt $2.76
Pasta $2.33
White or brown rice $2.16
Orange juice $2.16
Breakfast cereal $2.03
Peanut butter $1.95
Bottled water $1.40
Crackers $1.36
Canned tomatoes $1.25
Pancake mix $1.02
Cheese $0.97
Cookies $0.55
Chicken breasts -$0.09
Deli sliced ham or turkey -$0.33

Such savings are particularly relevant given ongoing volatility in global food prices. For example, the price of olive oil has experienced sustained fluctuations and upward pressure in recent years due to factors such as climate change, supply constraints, and rising production costs. In February 2026, it was reported that factors such as extreme weather, difficulty when harvesting, and strong global demand contributed to the increase in retail prices for olive oil. [8] Investopedia, 'Why Olive Oil Costs So Much', 2026 https://www.investopedia.com/why-olive-oil-costs-so-much-11899062

Great Value vs branded product savings
Rank Product Volume/Quantity National brand price Great Value price Savings
Rank 1 Product Eggs Volume/Quantity 12 count National brand price $6.89 Great Value price $1.47 Savings $5.42
Rank 2 Product Instant oatmeal packets Volume/Quantity 1.76 oz, 6 count* National brand price $7.34 Great Value price $2.64 Savings $4.70
Rank 3 Product Butter Volume/Quantity 16 oz National brand price $7.45 Great Value price $3.06 Savings $4.39
Rank 4 Product Potato chips Volume/Quantity 8 oz National brand price $5.64 Great Value price $1.50 Savings $4.14
Rank 5 Product Milk Volume/Quantity 128 fl oz National brand price $8.47 Great Value price $4.43 Savings $4.04
Rank 6 Product Olive oil Volume/Quantity 16.9 fl oz National brand price $11.21 Great Value price $7.17 Savings $4.04
Rank 7 Product Yogurt Volume/Quantity 32 oz National brand price $6.04 Great Value price $3.28 Savings $2.76
Rank 8 Product Pasta Volume/Quantity 16 oz National brand price $3.57 Great Value price $1.24 Savings $2.33
Rank 9 Product White or brown rice Volume/Quantity 2lb National brand price $3.93 Great Value price $1.77 Savings $2.16
Rank 10 Product Orange juice Volume/Quantity 89 fl oz National brand price $7.63 Great Value price $5.47 Savings $2.16
Rank 11 Product Breakfast cereal Volume/Quantity 12 oz National brand price $4.81 Great Value price $2.78 Savings $2.03
Rank 12 Product Peanut butter Volume/Quantity 16 oz National brand price $3.93 Great Value price $1.98 Savings $1.95
Rank 13 Product Bottled water Volume/Quantity 1 gallon National brand price $2.77 Great Value price $1.37 Savings $1.40
Rank 14 Product Crackers Volume/Quantity 13.7 oz National brand price $3.90 Great Value price $2.54 Savings $1.36
Rank 15 Product Canned tomatoes Volume/Quantity 28 oz National brand price $2.77 Great Value price $1.52 Savings $1.25
Rank 16 Product Pancake mix Volume/Quantity 32 oz National brand price $3.00 Great Value price $1.98 Savings $1.02
Rank 17 Product Cheese Volume/Quantity 8 oz National brand price $2.94 Great Value price $1.97 Savings $0.97
Rank 18 Product Cookies Volume/Quantity 10 oz National brand price $4.51 Great Value price $3.96 Savings $0.55

*Data note: The closest comparable Great Value alternative was a product sized 1.83 oz, 6-count.

Which products have the highest percentage price difference?

The study also examined which grocery items exhibited the largest percentage price differences between nationally branded products and Walmart’s Great Value alternatives. The results showed that eggs not only had the largest price difference but also the highest percentage difference, at 78.7%. This was followed by potato chips (73.4%), pasta (65.2%), and instant oatmeal packets (64%).

Percentage price difference per product
Product Percentage price difference
Eggs 78.7%
Potato chips 73.4%
Pasta 65.2%
Instant oatmeal packets 64%
Butter 58.9%
White or brown rice 55%
Bottled water 50.5%
Peanut butter 49.7%
Milk 47.7%
Yogurt 45.7%
Canned tomatoes 45.1%
Breakfast cereal 42.2%
Olive oil 36%
Crackers 34.9%
Pancake mix 34%
Cheese 33.1%
Orange juice 28.3%
Cookies 12.3%
Chicken breasts -1%
Deli sliced ham or turkey -5.8%

Eggs (78.7%), potato chips (73.4%), pasta (65.2%) and instant oatmeal packets (64%) show the highest percentage of price difference.

In contrast, the product with the lowest percentage price difference was cookies (12.3%), which also generated the smallest savings for consumers. This was followed by orange juice (28.3%) and cheese (33.1%).

Which Great Value products are more expensive than national brands?

The research revealed that only two products were cheaper when purchasing nationally branded options rather than Great Value alternatives, indicating that Great Value products generally provided better value across most items in the shopping cart.

Which Great Value products are more expensive than national brands?
Product Volume Average national brand price Great Value price
Chicken breasts 22 oz $8.89 $8.98
Deli sliced ham or turkey 16 oz $5.64 $5.97

Chicken breasts and deli sliced ham or turkey were the only items that were cheaper when purchasing nationally branded products instead of Great Value alternatives. Between these, deli sliced meat showed the largest price gap, with the Great Value option costing $0.33 more than the branded equivalent, making it the most significant exception to the overall cost-saving trend of private-label products.

Unbranded vs branded product savings
Product Non Walmart brand price Great Value price Savings Percentage price difference
Chicken breasts Non Walmart brand price $8.89 Great Value price $8.98 Savings -$0.09 Percentage price difference -1%
Deli sliced ham or turkey Non Walmart brand price $5.64 Great Value price $5.97 Savings -$0.33 Percentage price difference -5.8%

Shopper’s favorite products: Great Value vs national brands

In addition to analyzing prices, the study also explored which Great Value products were most popular among American consumers by examining the average customer ratings for each item. This provided insight into not only which products were cheapest, but also which were most positively received by shoppers.

Average customer rating of branded vs Great Value products
Product National brand rating Great Value rating
Butter 4.8 4.8
Cheese 4.7 4.8
Cookies 4.8 4.8
Bottled water 4.6 4.7
Breakfast cereal 4.6 4.7
Canned tomatoes 4.5 4.7
Deli sliced ham or turkey 4.6 4.7
Pancake mix 4.7 4.7
Pasta 4.6 4.7
Peanut butter 4.5 4.7
White or brown rice 4.6 4.7
Yogurt 4.7 4.7
Crackers 4.6 4.6
Milk 4.6 4.6
Olive oil 4.7 4.6
Orange juice 4.7 4.6
Potato chips 4.7 4.6
Eggs 4.7 4.5
Chicken breasts 4.6 4.4
Instant oatmeal packets 4.5 3.8

The analysis shows that not only are Great Value products generally cheaper than branded alternatives, they were also often rated the same or higher by consumers. The exceptions to this were olive oil, orange juice, potato chips, eggs, chicken breasts and instant oatmeal packets.

Only six Great Value products were beaten by national brands in reviews: olive oil (4.7), orange juice (4.7), potato chips (4.7), eggs (4.7), chicken breasts (4.6) and instant oatmeal packets (4.5).

Alongside this, global retail studies have found that consumer perceptions of private label products have improved significantly, with 68% viewing them as a good alternative to branded products and 69% recognizing them as good value. [9] NielsenIQ, 'NIQ’s Global Report Reveals Challenges and Opportunities for Private Label and Branded Product Growth', 2025 https://nielseniq.com/global/en/news-center/2025/niqs-global-report-reveals-challenges-and-opportunities-for-private-label-and-branded-product-growth/

Methodology

The products included in this study are representative of an average household grocery shop and are based on a 2024 report by Drive Research. Using this as a foundation, the study created a grocery basket of 30 commonly purchased items. The study removed products that did not have at least three comparable products, or did not offer Great Value alternatives. This included apples, carrots, croissants or pastries, frozen vegetables, potatoes, salad kits, shampoo and bananas. After removing these products, the study had a total of 20 products for analysis.

Product Normalized Size
Bottled water 1 gallon
Breakfast cereal 12 oz
Butter 16 oz
Canned tomatoes 28 oz
Cheese 8 oz
Chicken breasts 22 oz
Cookies 10 oz
Crackers 13.7 oz
Deli sliced ham or turkey 16 oz
Eggs 12 count
Instant oatmeal packets* 1.76 oz, 6 count
Milk 128 fl oz
Olive oil 16.9 fl oz
Orange juice** 89 fl oz
Pancake mix 32 oz
Pasta 16 oz
Peanut butter 16 oz
Potato chips 8 oz
White or brown rice 2lb
Yogurt 32 oz

*Great Value product measured 1.83 oz, 6 count as the closest comparison available.

**Only two national brand orange juice products were available for comparison.

Walmart was used as the sole retailer to ensure pricing consistency. Pricing was collected using Walmart’s website in July 2026, set to a location in the most populated area of the United States (07731) to reflect pricing in a major consumer market.

All prices were taken from live listings at the time of data collection.

Comparison Approach

For each product category, three branded items listed on Walmart’s website were identified. The prices of these products were averaged to produce a representative branded price for each category.

For each category, the equivalent Great Value (Walmart’s private-label) product was identified, and its price was recorded for direct comparison.

Branded average price = (Brand 1 + Brand 2 + Brand 3) ÷ 3.

This branded average was compared directly against the price of the Great Value product.

To ensure a fair comparison, where possible, products were matched by size, volume (mL/L), weight, and quantity. The only exceptions were instant oatmeal packets, for which the closest available Great Value product was 1.83 oz (6 count), and national brand orange juice products, for which only two exact size matches were available.

Analysis

The final analysis compared the average branded price with the Great Value price across the 20 product categories to assess cost differences between branded and private-label grocery items.

Sources

Written on August 11, 2026

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