We may also receive compensation if you click on certain links posted on our site. If you are unsure you should get independent advice before you apply for any product or commit to any plan.Prices are the steepest in Northern Europe (including countries like Ireland, Sweden and Denmark), averaging $6.25, followed by cities in Western Europe (Netherlands, Austria, France, Belgium, Monaco, Germany, Luxembourg and Switzerland) at $6.05. Our index is an informal way to measure the strength or weakness of local currencies for a common item against other countries. Nation's Restaurant News is part of the Informa Connect Division of Informa PLCThis site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.
Cities in Southern Europe (Italy, Portugal, Andorra, Spain and Greece) and in Eastern Europe (Bulgaria, Hungary, Romania, Czech Republic, Poland, Slovakia and Russia) had a significantly lower average cost at $4.15 and $3.96 respectively.The average cost of a coffee across the Americas (including North, Central and South America as well as the Caribbean) is $4.29. South American cities (such as those in Colombia, Argentina, Brazil and others) have the lowest average price at just $3.76.Europeans can expect to pay the most for a tall latte compared to other regions, with an average cost of $5.17.Individuals were required to send us three photos: a picture of them with the coffee, an image of the receipt and a photo of the coffee menu.We created the Starbucks Index to compare the differences in price for the same cup of coffee in 76 countries* around the world.
Given only one coffee price was used per city or country, our data may not serve to represent the area as a whole. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products.
Please appreciate that there may be other options available to you than the products, providers or services covered by our service.All trademarks, logos, and brand names are property of their respective owners. In Monaco, the cost of a tall latte is cheaper than you might expect, given its strong GDP. All company, product and service names used on this website are for identification purposes only. Many have questioned the company’s decision to raise prices, since coffee futures have dropped, and overall prices are down 42% from late last year. Starbucks calls it a small price increase that will only affect consumers’ ticket by 1%. Starbucks just raised the price of its coffee across the US — here's why That morning cup of joe will be 10 to 20 cents more expensive.
The study itself has two components: a coffee cost comparison and a GDP valuation index.However, within that trend, there are a few outliers, such as Monaco and Denmark. Get the latest from TODAY Far right of the Latte Line, you can see Luxembourg with a high GDP and a more expensive coffee price.We should expect that coffee prices are higher in wealthier countries and lower in poorer countries, because many factors affect the cost of goods and services, including the local cost of raw materials, production and labor costs, taxes, tariffs and retailer pricing strategies.Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.Note that our figures reflect local purchasing power, rather than true currency valuation. For example, if we look at Monaco, our Starbucks Index suggests a coffee is 30.4% more expensive than it should be. Central Asia (Kazakhstan), at $4.21, was the cheapest Asian region on average to pick up a Starbucks.Finder is not affiliated with or an official partner of Starbucks. We may also receive compensation if you click on certain links posted on our site.Disclaimer - We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. The second cheapest region was Oceania at $4.19, including Australia and New Zealand.Susannah Binsted is the international PR manager at Finder. We disclaim proprietary interest in the marks and names of others.Optional, only if you want us to follow up with you.finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Compare this to Finland, where the index suggests a coffee is actually 35.3% more expensive than it should be.Our Starbucks Index looks at the GDP-per-capita value for each country alongside the coffee cost in US dollars to see how far each country deviates from the average.
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