By Natalie Stevens.
As of Tuesday morning, fancy lattes loved by legions got a little pricier.
Starbucks is raising prices on average by 1 percent nationally starting on Tuesday, June 25, according to the Associated Press.
A small brewed coffee could see the price increase by 10 cents at most while other drinks could increase by more than that.
However, Starbucks said its medium and large brewed coffees and Frappuccinos won't change in most its 11,000 U.S. cafes.
There are multiple Starbucks locations in and near Elkridge, including:
The price increase comes even though bean prices are dropping, according to the Associated Press. An analyst estimated that this year Starbucks will spend about half the $1.4 billion it did for coffee in 2012.
As of Tuesday morning, fancy lattes loved by legions got a little pricier.
Starbucks is raising prices on average by 1 percent nationally starting on Tuesday, June 25, according to the Associated Press.
A small brewed coffee could see the price increase by 10 cents at most while other drinks could increase by more than that.
However, Starbucks said its medium and large brewed coffees and Frappuccinos won't change in most its 11,000 U.S. cafes.
There are multiple Starbucks locations in and near Elkridge, including:
- Inside Giant #344, 6020 Marshalee Drive, Elkridge
- Shipley's Grant, 5705 Richards Valley Road, Ellicott City
- Arundel Blvd., 7645 Arundel Mills Blvd. in Hanover
- Arundel Preserve, 7698 Dorchester Blvd.
The price increase comes even though bean prices are dropping, according to the Associated Press. An analyst estimated that this year Starbucks will spend about half the $1.4 billion it did for coffee in 2012.
Starbucks said though that coffee represents just one of its many costs and tends to account for less than 10 percent of overall store expenses.
Will the price increase at Starbucks change your coffee drinking habits? Tell us in the comments!
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
