Costco's average customer shops there at least twice per month and spends around $100 on each visit (2024)

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Costco's average customer shops there at least twice per month and spends around $100 on each visit? ›

The average Costco shopper spends $250 per month

The typical customer visits Costco every two weeks or so — about 30 trips per year — and spends about $100 per trip for a total annual expense of $3,018.

The average Costco shopper spends $114 per trip and purchases nine items. The standard Costco shopper is likely to be an Asian American married woman, has a college degree, is between the ages of 35 to 44, and makes more than $125,000.

Terms may apply to offers listed on this page. The average Costco shopper spends about $150 per trip. Costco reported that the average spend-per-visit increased the last two quarters. To save money at Costco, stick to a shopping list and earn money back through an executive membership and a rewards credit card.

Three million members a day enter Costco's stores to get their fix. Yes, you read those numbers right. In today's over-stored and over-stuffed retail environment, the equivalent of almost one-fifth of the U.S. population is paying for the privilege to shop at a particular store.

The average Costco shopper spends $250 per month

Broken down, the average Costco member is implied to spend an average of $250 monthly on Costco products. That checks out. It's two weekly trips with a $100 budget, plus an extra $25 for random last-minute stuff that you only knew you wanted when you saw it.

Meet the typical Costco shopper, a 39-year-old Asian American woman earning more than $125,000 a year. Costco has more than 838 warehouses around the world and made more than $226 billion in sales in 2022.

To break even on the cost of upgrading your Costco membership, you need to spend $3,000 in a year -- because 2% of $3,000 is $60, which is the price difference between the basic membership and the Executive one. So once you've spent just $3,001, you're ahead financially with the Executive membership.

Costco membership is $60 a year. An Executive Membership is an additional $60 upgrade fee a year. Each includes a free Household Card. Please include sales tax in all applicable states.

Is Costco owned by Walmart? ›

Costco and Sam's Club have very similar business models. Costco is a publicly traded company, while Sam's Club is a subsidiary of Walmart. Costco's membership fees are more expensive and the prices of basic products at Sam's Club are generally cheaper.

Costco is a publicly traded company, meaning it is owned by its shareholders. There is no single owner.

If you're single, you may not need the bulk version of every perishable item you tend to consume. But if you're someone who cooks often, you may benefit from some of Costco's grocery deals. And even if not, there are plenty of non-perishables you may be able to enjoy on your own well before they go bad.

To break even on the cost of upgrading your Costco membership, you need to spend $3,000 in a year -- because 2% of $3,000 is $60, which is the price difference between the basic membership and the Executive one. So once you've spent just $3,001, you're ahead financially with the Executive membership.

If you typically spend more than $3,000 a year on Costco purchases, or if you anticipate spending more than $3,000, then you should keep or upgrade to an Executive membership. Why is $3,000 the magic number? It's simple. The cost to upgrade from a basic Costco membership to an Executive membership is $60.

Costco membership is $60 a year. An Executive Membership is an additional $60 upgrade fee a year. Each includes a free Household Card. Please include sales tax in all applicable states.