Chet Coppock's Fur Coat wrote:
blackhawksfan wrote:
How much does a cup of coffee cost nowadays? I've literally been in a Starbucks 2 or 3 times. I'm guessing close to 10 bucks now?
I still have the app on my phone for when I travel. A 20oz hot coffee at the Starbucks closest to me is now $3.25 plus tax, I just checked.
For context, when my dad had his diner in the 60s-early 90s, the 1969 cost of pretty much unlimited coffee if you were dining in was 15 cents plus 1 cent of tax (and if you weren't an asshole you tipped the waitress another nickel or dime). So a factor of 21x over 55 years which comes out to 5.7% inflation per year.
this nation didn't and doesn't really have a coffee-culture like europe. starbucks and dunkin got smart and realized if they made various coffees taste like candy or cake, americans would pay for the fancy lattes. they did..until the fancy lattes became $7.00-$8.00 each on average, for a large. i think they hit their price point ceiling with $5.50 for a large and consumers got turned off and are now buying de longhis, brevilles and rancilios - making the coffees at home. revenues down 6.5%....no surprise. we used to go almost every morning, now we go 2-3 times a week.
gotta love the old-timers in europe. 2 cafes across the street from each other - a cluster sips coffee in the shade until 1230, then, crosses the street to sip coffee in the shade at the other cafe.