For more than 40 years, the iconic Costco $1.50 hot dog combo has been one of the most talked about food items across any restaurant or food court. The offering from Costco Wholesale Corp (NASDAQ:COST) has fought off inflation and changing times to keep the price point the same.

Here's what Costco is changing about the hot dog combo.

Costco Makes Hot Dog Combo Change

Costco's famous hot dog combo consists of a half-pound all-beef hot dog on a bun alongside a 20 oz. refillable fountain soda.

This combo has been around since 1984 and remains a staple in the company's food courts today, drawing in customers for lunch, dinner or while they are shopping.

After decades of minimal changes to the combo, Costco is making a rather big change. Customers can now substitute the 20 oz. refillable fountain soda with a 16.9 oz. bottle of Kirkland Signature Water, according to the USA Today.

The price remains the same for consumers who prefer water over soda.

Costco previously offered its food court open to non-members, but that practice has since changed.

Earlier this year, Costco CEO Ron Vachris ate a Costco $1.50 hot dog combo in a video, sharing his thoughts on the "amazing value" of the staple. Vachris also confirmed ...