Costco is my playground. And my playground is about to get a little bit more expensive. Costco is increasing its yearly membership fees.
Here are the new membership fees:
- $60 Costco Gold Star (regular) Membership - a $5 increase from the current $55)
- $120 Costco Executive Membership - a $10 increase from the current $110
Membership fees are going up in both the US and Canada. Fees were last raised in 2011. The fee increase wasn't entirely unexpected as Costco typically raises its fees every five to six years.The change in prices will come into effect on June 1 so those whose memberships expire in June may way to consider renewing in May.
I am hoping that Costco will expand its incentive packages for new members to renewing members in light of the fee increase. Or at least increase the amount of free samples available in the warehouse.
And pretty please don't increase the price of the hotdogs!