Michaels and Hobby Lobby carry most of the same items and always has promotions going to draw in customers.
If both of these stores are in your area, and you can’t decide which one to choose to get more value for your money, read this article to learn which company is cheaper!
Is Hobby Lobby Cheaper Than Michaels In 2024?
Hobby Lobby is not cheaper than Michaels, because it sells many of the same items, so the differences in prices are almost negligible in 2024. Hobby Lobby also regularly runs sales, promotions, and discounts. However, Michaels has a price matching policy that makes the company cheaper than Hobby Lobby to an extent.
Keep reading to learn everything you need to know about the prices at Michaels and Hobby Lobby, including which is more expensive overall, a look into their popular framing options, and more!
Is Hobby Lobby More Expensive Than Michaels?
Michaels and Hobby Lobby stock most of the same items from the same manufacturers, so their prices don’t differ too much.
This means that whether or not an item is more expensive or cheaper at one of the stores will come down to pennies, assuming there isn’t a sale going on.
Even then, both the companies run regular sales with similar values, and it’s possible to find the items marked down to roughly the same range at different times in the stores.
Both retailers run weekly ads where you can check out the discounts that are going to be available throughout the upcoming week, where select items have their prices reduced.
Hobby Lobby used to have a significant leg up against Michaels with its 40 percent off anything coupon that was always active.
However, the company stopped offering this deal in March 2021.
Hobby Lobby explained that this move was intended to allow the company to focus on providing better deals and value on several different items, as opposed to a discount on one item.
This made it so the deals at the store became like the ones in every other retailer.
Michaels does not accept competitor coupons at all, and neither does Hobby Lobby, but the latter honors competitor ads under certain circumstances.
This means that you can find items cheaper at Hobby Lobby stores compared to Michaels if a third retailer sells it for less before discounts.
Where Michaels arguably has Hobby Lobby beat with regards to pricing is in its price matching policy.
While Hobby Lobby simply matches prices if you meet certain criteria, Michaels takes its policy further by matching the price and taking 10 percent off.
It also matches goods from several retailers, making it easier to find better prices than Hobby Lobby, as long as the item is in stock.
Who Is Cheaper for Framing Michaels or Hobby Lobby?
It’s difficult to determine which retailer between Michaels and Hobby Lobby is cheaper for custom frames because the amount you’re charged depends on the kind of frame you want.
Custom framing is very expensive in general, so we’re looking at very high prices for both stores in this segment.
There is an online rate card for a company that works with Artistree, a custom frame provider that is owned by Michaels.
There are rates for different frame sizes and qualities, but the highest one listed for a single component is $214.
This company is also linked from Michaels.com so, despite the downgraded branding, we can safely assume that it’s the retailer’s official custom framer.
However, Hobby Lobby is always offering its custom frames with 50 percent knocked off the marked price.
You can also get a similar discount at Michaels, but you would need a coupon, so it wouldn’t be as easy to secure as Hobby Lobby.
Who Has Better Prices- Hobby Lobby or Michaels?
Hobby Lobby and Michaels have very similar prices because they sell most of the same items sourced from the same manufacturers.
You can find lower prices at either, depending on when you go looking because you might find one of them has discounted an item at the time.
Apart from the normal promotions, both retailers publish weekly deals on their websites and local newspapers.
Neither of them accepts competitor coupons, but Hobby Lobby will honor ads from competitors for similar items that are carried in its store.
Both of them match prices, but Michaels slashes 10 percent off when it does, while Hobby Lobby only gives you the same amount.
With Michaels matching Hobby Lobby on top of other retailers, it’s automatically the one where you can get lower prices on the same item without waiting for a discount.
Is Hobby Lobby Cheaper Than Michaels for Custom Framing?
Hobby Lobby and Michaels have constantly changed prices for custom frames that depend on the exact setup you’re looking to get, so it’s difficult to narrow down which is more expensive.
However, Hobby Lobby always provides custom frames at half off, making it the likely cheaper option.
To know more, you can also read our posts on whether or not Hobby Lobby accepts checks, if Hobby Lobby price matches, and if Hobby has layaway.
Conclusion
Michaels and Hobby Lobby have more or less the same prices because most of their items are identical, come from the same sources, and offer very similar discounts.
Both also have weekly discounts that go live on their websites.
Michaels is more often the cheaper option because it matches prices and takes 10 percent off the original markup.
It matches items from several major retailers, including Hobby Lobby, making it easier to consider Hobby Lobby more expensive by default.
