 Costco members will have to pay more starting this fall. Details from Tammy Trujillo. The company's announced it's increasing the annual membership fee. The cost of the Gold Star membership will go from $60 to $65 annually, while the premium executive membership will increase from $120 to $130. It's the first fee increase for Costco members in seven years and will take effect on September 1st. The price of Costco's stock rose 2% after the announcement.