ABC FinanceBlogSHROVE TUESDAY: Cheapest Supermarkets Pancake Ingredients Revealed

SHROVE TUESDAY: Cheapest Supermarkets Pancake Ingredients Revealed

SHROVE TUESDAY - Cheapest Supermarkets Pancake Ingredients Revealed

We love helping people save money, and we really love pancakes, so what better than to spend an afternoon working out where to buy the cheapest pancake ingredients. So we asked our team of secured loans brokers to delve into the numbers and look for the best ways to save money on your pancake ingredients.

To discover which supermarkets offer the cheapest prices when it comes to buying your pancake ingredients for Shrove Tuesday (21st February), we analysed prices for the 4 core pancake ingredients (plain flour, large eggs, milk, and vegetable oil) as well as 4 popular toppings choices (caster sugar, lemon, maple syrup, and Nutella).

To do this, we focused on seven of the major supermarkets in the UK, with the cheapest in-stock option for each ingredient on the supermarket’s website being noted and compared. The seven supermarkets included Asda, Co-op, Iceland, Morrisons, Sainsburys, Tesco, and Waitrose – Aldi, Lidl, and Marks and Spencer did not have relevant pricing information available online, so were not included in the research. Here’s what we found…

Supermarket Data

According to a BBC Good Food recipe for pancakes, the core ingredients include 100g plain flour, 2 large eggs, 300ml milk, and 1 tbsp (15ml) of vegetable oil (to make 12 servings).

Focusing on the cheapest in-stock option for each ingredient on the supermarkets’ websites, the research revealed the following:

Asda

Core ingredientCore ingredientCore ingredientCore ingredientPopular toppingsPopular toppingsPopular toppingsPopular toppings
IngredientPlain flourLarge eggsMilkVegetable oilCaster sugarLemonMaple syrupNutella
Price£0.58£1.75£0.95£6.40£1.65£0.30£2.00£1.90
Weight1.5KG6568ml3L1KG1180g200g

The Asda pricing revealed that the cheapest way of purchasing the 4 core pancake ingredients totalled £9.68, which works out as approximately £1.16 per serving, or 10p per pancake. The cheapest way of purchasing the 4 popular toppings ingredients totalled £5.85. The sum for all 8 ingredients was £15.53.

Co-Op

Core ingredientCore ingredientCore ingredientCore ingredientPopular toppingsPopular toppingsPopular toppingsPopular toppings
IngredientPlain flourLarge eggsMilkVegetable oilCaster sugarLemonMaple syrupNutella
Price£1.00£1.85£1.05£2.40£1.70£1.85£7.00£2.50
Weight1.5KG6568ml1L500g3250g350g

The Co-op pricing revealed that the cheapest way of purchasing the 4 core pancake ingredients totalled £6.30, which works out as approximately £1.27 per serving, or 11p per pancake. The cheapest way of purchasing the 4 popular toppings ingredients totalled £13.05. The sum for all 8 ingredients was £19.35.

Iceland

Core ingredientCore ingredientCore ingredientCore ingredientPopular toppingsPopular toppingsPopular toppingsPopular toppings
IngredientPlain flourLarge eggsMilkVegetable oilCaster sugarLemonMaple syrupNutella
Price£1.75£1.79£0.80£2.50£1.80£1.00£1.00£2.50
Weight1.5KG10568ml1L1KG3250g350g

The Iceland pricing revealed that the cheapest way of purchasing the 4 core pancake ingredients totalled £6.84, which works out as approximately 93p per serving, or 8p per pancake. The cheapest way of purchasing the 4 popular toppings ingredients totalled £6.30. The sum for all 8 ingredients was £13.14.

Morrisons

Core ingredientCore ingredientCore ingredientCore ingredientPopular toppingsPopular toppingsPopular toppingsPopular toppings
IngredientPlain flourLarge eggsMilkVegetable oilCaster sugarLemonMaple syrupNutella
Price£0.55£1.75£0.95£1.99£1.49£1.15£1.50£1.99
Weight500g6568ml1L500g4230g200g

The Morrisons pricing revealed that the cheapest way of purchasing the 4 core pancake ingredients totalled £5.24, which works out as approximately £1.22 per serving, or 10p per pancake. The cheapest way of purchasing the 4 popular toppings ingredients totalled £6.13. The sum for all 8 ingredients was £11.37.

Sainsburys

Core ingredientCore ingredientCore ingredientCore ingredientPopular toppingsPopular toppingsPopular toppingsPopular toppings
IngredientPlain flourLarge eggsMilkVegetable oilCaster sugarLemonMaple syrupNutella
Price£0.45£1.75£0.69£1.75£1.00£0.25£2.00£1.90
Weight500g61L1L250g1180g200g

The Sainsburys pricing revealed that the cheapest way of purchasing the 4 core pancake ingredients totalled £4.64, which works out as approximately 91p per serving, or 8p per pancake. The cheapest way of purchasing the 4 popular toppings ingredients totalled £5.15. The sum for all 8 ingredients was £9.79.

Tesco

Core ingredientCore ingredientCore ingredientCore ingredientPopular toppingsPopular toppingsPopular toppingsPopular toppings
IngredientPlain flourLarge eggsMilkVegetable oilCaster sugarLemonMaple syrupNutella
Price£0.58£1.95£0.69£1.75£2.00£0.30£2.00£3.99
Weight1.5KG61L1L1KG1230g630g

The Tesco pricing revealed that the cheapest way of purchasing the 4 core pancake ingredients totalled £4.97, which works out as approximately 92p per serving, or 8p per pancake. The cheapest way of purchasing the 4 popular toppings ingredients totalled £8.29. The sum for all 8 ingredients was £13.26.

Waitrose

Core ingredientCore ingredientCore ingredientCore ingredientPopular toppingsPopular toppingsPopular toppingsPopular toppings
IngredientPlain flourLarge eggsMilkVegetable oilCaster sugarLemonMaple syrupNutella
Price£0.60£2.85£0.95£2.30£1.60£0.30£5.60£3.35
Weight500g6568ml1L500g1330g350g

The Waitrose pricing revealed that the cheapest way of purchasing the 4 core pancake ingredients totalled £6.70, which works out as approximately £1.61 per serving, or 13p per pancake. The cheapest way of purchasing the 4 popular toppings ingredients totalled £10.85. The sum for all 8 ingredients was £17.55.

Summary – Core Pancake Ingredients

With the cheapest in-stock option for each ingredient on the supermarket’s website being noted and compared, Sainsburys came out as the most affordable way to purchase these 4 core ingredients, with a total of £4.64.

Ordered from cheapest, the research revealed the following:

  1. Sainsburys – £4.64 for the 4 core ingredients
  2. Tesco – £4.97 for the 4 core ingredients
  3. Morrisons – £5.24 for the 4 core ingredients
  4. Co-op – £6.30 for the 4 core ingredients
  5. Waitrose – £6.70 for the 4 core ingredients
  6. Iceland – £6.84 for the 4 core ingredients
  7. Asda – £9.68 for the 4 core ingredients

Surprisingly, Asda came out significantly more expensive than some of the cheaper stores like Sainsbury’s and Tesco.

Summary – Popular Toppings Ingredients

With the cheapest in-stock option for each ingredient on the supermarket’s website being noted and compared, Sainsburys came out as the most affordable way to purchase these 4 toppings ingredients, with a total of £5.15.

Ordered from cheapest, the research revealed the following:

  1. Sainsburys – £5.15 for the 4 toppings options
  2. Asda – £5.85 for the 4 toppings options
  3. Morrisons – £6.13 for the 4 toppings options
  4. Iceland – £6.30 for the 4 toppings options
  5. Tesco – £8.29 for the 4 toppings options
  6. Waitrose – £10.85 for the 4 toppings options
  7. Co-op – £13.05 for the 4 toppings options

Summary – All 8 Ingredients

Looking at the sum of all 8 ingredients, Sainsburys came out as the most affordable way to purchase these, with a total of £9.79.

Ordered from cheapest, the research revealed the following:

  1. Sainsburys – £9.79 for all 8 ingredients
  2. Morrisons – £11.37 for all 8 ingredients
  3. Iceland – £13.14 for all 8 ingredients
  4. Tesco – £13.26 for all 8 ingredients
  5. Asda – £15.53 for all 8 ingredients
  6. Waitrose – £17.55 for all 8 ingredients
  7. Co-op – £19.35 for all 8 ingredients

Other Money Saving Tips

Keep in mind that the cheapest item is not always the best in terms of value for money. Check the price per 100g/100ml, or calculate the cost per serving, to get a true view of the savings. For example, when looking at price per serving, Sainsburys came out the cheapest in our research (at approximately 91p per serving, or 8p per pancake):

  1. Sainsburys – approx. 91p per serving, or 8p per pancake
  2. Tesco – approx. 92p per serving, or 8p per pancake
  3. Iceland – approx. 93p per serving, or 8p per pancake
  4. Asda – approx. £1.16 per serving, or 10p per pancake
  5. Morrisons – approx. £1.22 per serving, or 10p per pancake
  6. Co-op – approx. £1.27 per serving, or 11p per pancake
  7. Waitrose – approx. £1.61 per serving, or 13p per pancake

Prices may vary in-store and online, so look at both to find the best deals. Also, many supermarkets offer seasonal deals where they group relevant items together and offer them at a bundle price, so keep an eye out for these – but be sure to check against individual item costs to ensure you are actually getting a bargain!

Make sure you do your research and you can save a significant sum, avoiding the need to remortgage or even take out a buy to let secured loan (although if you really want one, we do like to think that we’re pretty great at them)!

Why not keep reading and check out our guide to the Disney Fox merger or find out how AI will change our lives.

*Price data compiled on 02/02/2023, and is subject to change

Pancake recipe source: https://www.bbcgoodfood.com/recipes/easy-pancakes (12 servings)

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