Prices like £5 in London or $7 in New York for a cup of coffee may be unthinkable for some - but could soon be a reality
This person is kidding, right? The price is already $7 for a simple Latte in Starbucks’ home territory. I’m not talking about Starbucks pricing BTW, that’s even higher. I’m talking about chain and non-chain stores. Everywhere the price is already through the roof. Is it that much lower in NYC?
$7USD is over $11NZD. I have no doubt that some places charge a lot for specialty coffee, the article specifically addresses that the cost of your average coffee is catching up on the specialty coffees. But is a regular, normal coffee from a cafe or coffee shop actually $7USD?
In NZ I’d expect ballpark of $5-6NZD for a latte, about half the cost of a $7USD coffee.
This person is kidding, right? The price is already $7 for a simple Latte in Starbucks’ home territory. I’m not talking about Starbucks pricing BTW, that’s even higher. I’m talking about chain and non-chain stores. Everywhere the price is already through the roof. Is it that much lower in NYC?
A latte is not a cup of coffee. I think black coffee is like 2 bucks.
Worth clarifying that the person is talking about an Americano.
$7USD is over $11NZD. I have no doubt that some places charge a lot for specialty coffee, the article specifically addresses that the cost of your average coffee is catching up on the specialty coffees. But is a regular, normal coffee from a cafe or coffee shop actually $7USD?
In NZ I’d expect ballpark of $5-6NZD for a latte, about half the cost of a $7USD coffee.
Yeah most of that cost is “inflation” (corporate profits are through the roof).