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Starbucks Price Hike: Paying More For Your Drink

Increased prices on some drinks, packaged coffee begins Tuesday, according to reports.

Increased prices on some Starbucks drinks, packaged coffee begins Tuesday, according to reports.
Increased prices on some Starbucks drinks, packaged coffee begins Tuesday, according to reports.
Notice to Starbucks customers who have memorized the cost of their favorite beverage: The bill may surprise you Tuesday.

Starbucks is raising a few of its prices. Some drinks at the popular coffee chain will see prices increase by 5 cents to 20 cents. According to The Wall Street Journal, a 20-ounce, venti-sized coffee will cost $2.35, an increase of up to 15 cents, depending on the market.

What's your favorite coffee shop? Tell us in the comments section below!

Packaged coffee in grocery stores will also see prices go up by around $1 a bag, but CBS Local notes that the packaged coffee price should stay the same at Starbucks locations.

Not all Starbucks drinks will see a price hike, according to CNN Money, including a grande-sized latte, tall brewed coffee and any sized frappuccino.

The price of coffee beans has gone up sharply in recent weeks, but that wasn't given as a specific reason for Starbucks to raise its prices.

"There are many factors that contribute to our pricing decisions, including competitive dynamics and our overall cost structure," spokesman Zack Hutson said in a statement to USA Today.

Madison Marie Bartosh June 24, 2014 at 07:21 AM
my favorite is 25 30 espresso in downtown Fredericksburg!
DW1976 June 24, 2014 at 11:50 AM
Nespresso's machines make nearly instant espresso/lattes that taste just like Starbucks. High inital cost though (around $200)
Marie July 04, 2014 at 10:18 AM
This is so Starbucks can pay off those student loans that these kids got an education and now whining about paying back.

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