It was bound to happen, Montreal! While Costco’s membership price hasn’t changed in the past few years, the company just announced that it will finally be increasing its annual membership fee soon.
By September 1, 2024, the current Gold Star membership will go from $60 to $65, while the higher-tier Executive Membership will increase from $120 to $130.
This is the first time since June 2017 that Costco is implementing a price increase, which the company believes will impact 52 million memberships.
If you are looking to get a membership ahead of the price hike, Costco currently has a limited-time deal on the Gold Star and Executive tier memberships.
For more information on Costco’s new price increase and promotions, make sure to click here.