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The company is raising the price of a regular drip coffee by 10¢ to 20¢ this week.

The price of a Starbucks coffee is going up

[Photo: kevin laminto/Unsplash]

BY Michael Grothaus

Sad news, coffee lovers. Starbucks has announced it is raising the price of its coffee in most U.S. stores, reports CNBC. The company is raising the price of a regular drip coffee by 10¢ to 20¢ this week. That means a small brewed coffee will now cost you $2.15 instead of $1.95 in many locations. Starbucks also confirmed that overall the average price of its drinks increased 1% to 2% this past year. The only good news is that Starbucks says the price of drinks like lattes and iced coffees will remain unchanged in most stores.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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