diff --git a/.github/actions/install_dbt_requirements/action.yaml b/.github/actions/install_dbt_requirements/action.yaml
index 743872b27..d93893e8a 100644
--- a/.github/actions/install_dbt_requirements/action.yaml
+++ b/.github/actions/install_dbt_requirements/action.yaml
@@ -16,11 +16,18 @@ runs:
         uses: actions/setup-python@v4
         with:
           python-version: 3.x
+          cache: pip
 
       - name: Install python requirements
         run: python -m pip install -r ${{ inputs.requirements_file_path }}
         shell: bash
 
+      - name: Cache dbt requirements
+        uses: actions/cache@v3
+        with:
+          path: ${{ inputs.dbt_project_dir }}/dbt_packages
+          key: dbt-${{ hashFiles(inputs.dbt_project_dir + '/packages.yml') }}
+
       - name: Install dbt requirements
         run: dbt deps
         working-directory: ${{ inputs.dbt_project_dir }}