Due to shifts in the global market, the price of your morning coffee keeps rising. This is largely a result of US tariffs and harsh weather conditions affecting coffee-producing countries, which are pushing up costs for coffee futures—a financial instrument used by traders to buy and sell coffee beans.
On September 16 at the New York Intercontinental Exchange, Arabica coffee futures peaked at $4.24 per pound, nearing record highs, according to reports. And it’s not just the market trends that are worrisome. The Bureau of Labor Statistics noted that roasted coffee prices climbed by 20.9% year-over-year in August.
As we explore the pricing landscape among major coffee retailers, it’s clear that this National Coffee Day, consumers may have to dig a little deeper into their pockets.
1. Starbucks
Starbucks offers a wide range of prices based on what you order. A standard large hot coffee can cost around $3.25, while a large hot latte may reach $5.25 or even higher. If you like frozen Frappuccinos, those typically run around $7.
For regular customers, using the Starbucks app can lead to savings through their rewards program, making it a bit more manageable over time.
2. Dunkin’
At Dunkin’, a large hot coffee is priced above $2.89, and large lattes are more than $4.49. If you go for frozen drinks, like those matcha lattes, expect to pay over $5.39.
They do have a bundle deal for $6 through the Dunkin’ app, which includes a medium coffee, breakfast sandwiches, and hash browns, making it a decent value.
3. McDonald’s
McDonald’s McCafe options remain some of the cheaper choices among national chains. A large hot coffee starts at over $2.19, and large lattes begin at about $2.50. The Frappe is around $4.50.
The McDonald’s app often features 99-cent coupons for hot or iced coffee, which can help ease the burden of rising prices.
4. 7-Eleven
According to Coffeeplusthree, by spring 2025, a large hot coffee at 7-Eleven will likely cost between $2 and $3, with iced options generally costing an extra dollar.
While prices vary by location, the chain previously offered a 60-cent coffee deal for its anniversary; with rising bean prices, similar promotions may return.
5. New York City Coffee Cart
In New York, street vendors have largely phased out their $1 coffee offerings due to inflation, now charging over $2. Reports from Fox 5 New York suggest that price increases are on the horizon for NYC cafes.
Experts highlight that adverse weather in countries like Brazil and Vietnam continues to impact coffee supply, driving prices upward. Roger Norton, a researcher from Texas A&M University, points out that these fluctuations are tied to supply and demand dynamics.
“There’s not much consumers can do but accept these higher prices,” he noted. It’s a tough situation for farmers, too, with many operating small farms and depending on higher prices to offset losses.
There is hope on the horizon, as plant scientists are working on coffee varieties that can withstand changing climate conditions, though that development will take some time. Coffee is more than just a beverage—it plays a vital role in American culture and economy, providing joy to millions each day.
In the US, only 1% of the coffee consumed is grown domestically, meaning coffee lovers rely heavily on global trade for their daily fix.
