I have found that Costco prices are not always the lowest, but that still doesn't always mean they're a bad deal. While in an ideal world, anywhere you can pick up a Brand X product Y, it should be the same, that's not actually the case anymore. (I presume Wal-Mart didn't create this reality, but they have had a disproportional role in propagating it.) Of all things, I notice that the canned black olives I buy at Costco are consistently a step up from the exact same brand at my local megamart. So even though they aren't actually that much cheaper I still prefer to buy them there.
There was a grill at costco I was interested in and it seemed to be about the same price at home depot.
But looking further it turns out the costco model also included a grill cover and a thermometer.
It is a shame the 4 year appliance warranty is gone. Used to be such a no brainer to buy appliances at Costco.