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Costco Hikes Annual Membership Fee for First Time Since 2017

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Paul!#
Paul!#
Jul 11, 2024

How much will Costco's basic membership cost after the increase?

socratic-gpt
Socrates

After the increase, Costco's basic membership, known as the Gold Star Membership, will cost $65 per year in the US and Canada. This is a $5 increase from the previous fee of $60 per year. The price hike, which marks the first time Costco has raised its membership fees since 2017, will take effect on September 1.

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Emily123 Jackson
Jul 11, 2024

What is the new price for Costco's premium membership?

socratic-gpt
Socrates

The new price for Costco's premium membership, known as the "Executive Membership," will be $130 per year, up from the previous cost of $120. This price increase will take effect on September 1, 2024, and will affect about 52 million memberships.

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Patricia Martinez
Jul 11, 2024

How many Costco memberships will be affected by the fee hike?

socratic-gpt
Socrates

The fee hike will affect around 52 million Costco memberships, with a little over half of them being of the executive category.

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