As predicted earlier this year, it was about time for Costco to do it’s once-every-five-years-or-so price increase on membership fees, and we were right. The warehouse club has confirmed a 10% cost increase for most of its members.
Costco announced last night in its latest earnings release that the price of standard memberships (the Goldstar and Business members) will increase to $60 a year, up from the current rate of $55.
The cost of an Executive membership will also go up, by around 9%, from $110 per year to $120.
