I can't look any closer than the websiteLook closer. All flavors of .22 are cheaper. Most flavors of everything else are as well. Academy never really carried premium ammo.
As I was at both stores yesterday, I think I can speak with some authority.
Cabela's only has 6 listed 22lr ammos and the cheapest is standard velocity CCI for 10 cents a round
Academy has Aguila 22lr for 8 cents a round
Looks to me like Academy beats Cabelas
I think I can speak with some authority since I just looked at it