diff --git a/Cargo.lock b/Cargo.lock
index 571cafaa..836898b2 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -197,9 +197,9 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-storage"
-version = "1.4.1"
+version = "1.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "54a1c574d30feffe4b8121e61e839c231a5ce21901221d2fb4d5c945968a4f00"
+checksum = "bd2b4ae72a03e8f56c85df59d172d51d2d7dc9cec6e2bc811e3fb60c588032a4"
 dependencies = [
  "cosmwasm-std",
  "serde",
diff --git a/Cargo.toml b/Cargo.toml
index 008c96a1..356c16aa 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -4,7 +4,7 @@ members = ["contracts/*", "packages/*"]
 [workspace.dependencies]
 cosmwasm-schema = "1.5.0"
 cosmwasm-std = { version = "1.5.0", features = ["cosmwasm_1_2"] }
-cosmwasm-storage = "1.4.1"
+cosmwasm-storage = "1.5.0"
 cw-multi-test = "0.15.1"
 cw-storage-plus = "1.2.0"
 cw-utils = "1.0.2"