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Costco Increased Membership Fees Sept. 1. Here's Why It's Still Worth It [Yahoo! Finance]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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What sets Costco apart from most competitors is that customers must pay for a membership before purchasing a box of cereal, a baby stroller, or a new television. Since 2017, membership prices have ranged from $60 to $120 per year, but on Sept. 1, the warehouse mammoth increased its membership fees, capturing the attention of anyone watching their household budget . Here's why it's still worth the price of admission. The membership fee increase The last time Costco's annual membership fees increased was in 2017. At the time, its Gold Star membership hit $60, and customers could purchase an Executive membership for $120. While much has been made of Costco hiking prices, Gold Star members will now pay $65 instead of $60, and Executive members will fork over $130 rather than $120. Here's how that shakes out over a one-year membership once you break the annual fee down into 52 weeks: While Gold Star members were paying a little under $1.16 per week for their membership, they'll n
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