Amazon Prime’s price is going up to $139 per year
Illustration by Alex Castro / The Verge Amazon is raising the price of Prime in the US to $139 per year, up from the $119 annual fee that was instated four years ago. The price hike is meant to address higher costs Amazon is facing across the board, from shipping to labor to construction, according to analysts.
The price change will go into effect for new members on February 18th and for current members after March 25th. The price for a monthly membership to Prime is also going up to $14.99 per month from $12.99 per month.
Amazon cited higher shipping costs and increased benefits
Amazon cited the continued expansion of Prime member benefits as well as the rise in wages and transportation costs" as reason for increasing the service's price.
Higher costs across led Amazon's...