Broke college kids everywhere, take notice:

Target is now cheaper than Walmart.

According to study conducted by Bloomberg, Target's prices were cheaper than Walmart's by 0.46 percentage points in August, meaning that $100 worth of goods at Walmart cost $0.46 less at Target.

The study is based on a monthly comparison between the prices of 150 similar items for sale at Walmart and Target locations no more than five miles apart. Bloomberg started comparing the stores' prices two years ago.

Last month, Walmart won the price war by a 2.01-percentage point margin, meaning that for every $100 spent at Target, Walmart was $2.01 cheaper, Bloomberg reports. The last time Target had lower prices than Walmart was in October.

Walmart typically beats out Target in prices because of its less expensive grocery items. But this month, Walmart's food prices were lower than Target's by a much smaller margin, according to Bloomberg.

This report is obviously a bit misleading, as Walmart has consistently won this price war and this is the first time Target has been able to match and beat Walmart's prices, but it is interesting that Target was able to pull even with a company so intent on offering the lowest prices.

So yah, maybe think about getting groceries at Target or something. And hey, this is crazy right!