Raw vs Refined coconut oil

unmitigatedbadassery

I saw 2 jars of coconut oil on the shelf at my local market. One was completely unrefined coconut oil for roughly $20. The other listed "refined, non-hydrogenated coconut oil" as the only ingredient and sold for $4. I understand that the raw one would be the top pick but, what I want to know is, how bad is the "refined" one really? I am on an EXTREMELY tight budget and would be grateful to save the extra cash if the less expensive is "almost as good" as the other.

What say you?