Costco Business Membership Cost 2024 Schedule. Costco customers are now paying more for their annual memberships for the first time since 2017. 1, the fee for customers who shop at costco wholesale stores will increase by $5 to $65 annually for the basic gold star membership and by $10 to $130.

The same offer is also available for costco’s premium executive membership, which costs $130 per year and gives members 2% cash back on all costco purchases. Its business model emphasizes membership fees and high renewal rates, shielding it from volatility.