EXHIBIT 23.2

                        CONSENT OF INDEPENDENT AUDITORS

Board of Directors
Price/Costco, Inc.

    We   consent  to  the  incorporation  by  reference  in  Price/Costco,  Inc.
Registration Statement Number 33-50799 on Form S-8 of our report dated  November
19, 1993, with respect to the consolidated financial statements and schedules of
The Price Company included in Price/Costco's Annual Report (Form 10-K/A) for the
year ended August 29, 1993.

                                          Ernst & Young LLP

San Diego, California