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Costco Membership Prices Expected To Rise

ISSAQUAH, Wash. (CBS) – Get ready to pay more if you shop at Costco.

CBS MoneyWatch reports that according to an analysis by financial services company UBS, the warehouse club plans to hike prices 10 percent by the end of the year.

That would raise annual fees from $55 to $60 for a basic membership and the cost of an executive membership would go up to $120 from $110.

There are six Costco locations in the Boston area.

The last time Costco increased membership prices was in November 2011.

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