How Much Does Extra Virgin Olive Oil Cost?
True extra virgin olive oil has less than 1% acidity, expressed as oleic acid, and is produced by the first pressing of the olive fruit without the use of any solvents through the cold pressing technique. Aside from this, the oil must pass both an official chemical test in a laboratory and a sensory assessment to obtain the “extra virgin” qualification. The olive oil should not be found with even a slight defect while presenting a flavor of fresh olives. Before you grab a bottle of “extra” virgin olive oil from a supermarket shelf, be sure that you are getting the right one. Not all olive oil bears the name “extra virgin.” Most often these brands only meet the minimum standard requirements. If you are going to the pay the price for extra virgin olive oil, make sure you research and find which one is the highest quality.
How much does it cost?
- On average, a bottle of extra virgin olive oil is going to cost anywhere from $9 to as much as $30. Usually, the biggest factor that affects the cost is the quantity. A liter of olive oil can cost $12 to $15 while a gallon can cost $22 to $30.
- For example, two liters of Kirkland Signature Extra Virgin Olive Oil retails for $21.
What is going to be included?
- An extra virgin olive oil is characterized as not having over 0.8 grams of acid per 100 grams.
- Since extra virgin olive oil is freshly pressed fruit juice without additives, its quality and taste are determined by the variety of olives used, the terroir, and the production practices of the makers.
- The fruitiness of the oil depends on the variety of olives.
- Green olive fruits produce oil that is grassy, herbaceous, pungent, and bitter. The pungent flavor creates a sort of peppery taste in the mouth and throat.
What are the extra costs?
- If you buy the oil online, you may be charged extra for shipping cost. Most retailers online will want you to spend $25 to $50 as a minimum to receive free shipping.
- Expect to pay more for an established and popular brand.
Factors that influence the price:
- The prices of extra virgin olive oil in the local market can fluctuate according to the movement of prices on the world market.
- The brand and retailer from where you purchase the oil can also dictate on the prices of extra virgin olive oil.
- Other factors that may affect the prices of extra virgin olive oil are the areas where the oil is produced, the processing methods used, and packaging materials.
Tips to know:
- There are two other types of olive oil. Virgin oil is characterized as having no more than 2 grams of acid per 100 grams and has free acidity. There is also the so-called ordinary virgin oil, which is not more than 3.3 grams per 100 grams.
- Refined olive oil is produced from virgin oil through a refining technique, but which does not undergo alteration in the glyceridic structure.
- Olive oil is a combination of refined olive oil and virgin olive oil.
- Olive-pomace oil is a mixture of refined olive-pomace oil and virgin olive oil. It is fit for consumption.
- Crude olive-pomace oil is meant for both human consumption and for technical use.
- Olive oil has more health benefits and is a more natural oil compared to vegetable oil. Olive oil has a lower smoke point than vegetable oil because it has a lower fat content than vegetable. Other benefits include the following:
- Although olive oil is high in fat, the type of fat it contains is monounsaturated, which is actually considered a healthy fat.
- The nutrients in olive oil can help lower cholesterol and therefore lower the chances of suffering from the effects of high cholesterol.
- Olive oil can boost the amounts of insulin as well as decrease blood sugar. This is a great thing if you have Type II Diabetes.
- Using olive oil can reduce the risk of stroke.
- Hunger can be subsided for longer when olive oil is used in cooking.
- Aside from health benefits, there are multiple uses and benefits of olive oil, including skin and hair care. For a full use of benefits and uses, visit this site.
- Olive oil is high in calories and should therefore be eaten in moderation.
- Olive oil should be stored in a dark, room temperature cupboard in order to preserve its taste.
How can I save money?
- You may substitute extra virgin olive oil for vegetable oil. It does not make much of a difference in taste but it does make a huge difference in the health of the meal.
- Shop around and compare prices. If purchasing online, be sure to look for coupon codes and promotions. If going to the grocery store, keep your eyes peeled for coupons in the paper and sales.
- It is not necessary to go for the top brands. Most of the time, the store brands will work just as well.