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You may need to pay more for yourCostco Membership Soon, Wells Fargo's financial analysts have recently declared.

Price increases usually occur in the warehouse every 5.5 years, experts note, making 2021 more expensive if you are a fan of Costco. The last time the price increased was in 2017 when a member of Gold Star Executive increased from $ 110 to $ 120 a year, and the daily membership of the Gold star increased from $ 55 to $ 60. And, if the amount of memberships continues more and more in 2020 (59.1 million member households in 2019 to 59.7 million), this could lead to even more benefits for COSTCO, according toFox business.

RELATED:Grocery shortages to wait in 2021, according to experts

Although COSTCO CEO Craig Jelinek said that physical warehouses will be more important, the grocery chain has begunPickup Test of Borbure At three new locations in New Mexico earlier this year. Analysts say that this increase in digital purchases and a return to more normal post-Covid-19 shopping habits means that the future of Costco seems vivid - even if, for you, it probably means that your membership costs will be soon more expensive.

With regard to the new COSTCO pickup service, Richard Galonti, the Costco Chief Financial Officer, recentlysays on a call with investors: "The driver is fine. Our members have answered that and basket sizes have actually exceeded our expectations. Our goal, of course, that's how can we be more effective in determining whether this offer can become evolutionary and save sense for us. "

For more, discoverCostco has a shortage of these popular items, declares societyAnd to get all the latest COSTCO news delivered directly to your inbox every day,Subscribe to our newsletter.