they are pretty close in prices, but it depends on what you need. Hobby Lobby has coupons sometimes and also some decent sales. There are some tools at Michael's that Hobby Lobby doesn't have. If you're going for cake boards or something, I don't know if there's a big difference.
In my area they are very comparable in selection and price. I find that my Walmart has much better prices and a decent selection of Wilton products. 
I think it depends on what you are needing and I love to use the coupons! Too bad there isn't a Hobby Lobby 40% off Wilton coupon this week! 
My 1st choice would be Michaels.
It depends on what supplies you're looking for but I do agree Hobby Lobby seems to be more pricer w/o coupon.They also seem to have more choice selections than Michaels.
Walmart is of course cheaper,but don't have much of a selection.
In my area Michaelâs is higher on some things, cheaper on others. So âone stop shoppingâ is hard if you are looking to get the cheapest prices. Luckily, Hobby Lobby is only two blocks away from Michaelâs here. 
I signed up on line to get the Michaelâs ad by e-mail, and I now regularly receive 50% off coupons in the mail. One mailing had deals for three weeks running! 
My Michaelâs will also honor the Hobby Lobby coupons. Maybe because they are so close, but it never hurts to ask. Every little bit helps.
I like Michaels selection far better then Hobby Lobby and we get 40% off coupons for Michaels all the time so thats what I use for my bigger ticket purchases. Plus the one by my house must be doing really well with selling their cake supplies b/c they've added to it.
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