SAN FRANCISCO (KRON) – Get your wallets ready!

Stifel analysts forecast that Costco will raise membership fees by 8.3% in the next year.

The increase would move Gold Star level membership fees up $5 to $65 a year.

An Executive membership would go up $10 to $130 per year.

Costco has benefited from the pandemic as members stocked up on essentials.