Sorry, Pumpkin Spice Latte Addicts. Starbucks Just Raised the Price — Again
If you’re lining up for a pumpkin spice latte at the first sign of fall, be ready to pay more for the pleasure.
Starbucks confirmed to The Penny Hoarder that as of Sept. 5, some customers may see brewed coffee prices increase 10-20% and espresso drink prices increase by 10-30 cents.
“Ninety percent of beverage prices have not changed,” Starbucks spokesperson Sanja Gould wrote in an email.
Gould explained that Starbucks routinely reviews prices by product and market “in order to balance business needs while continuing to provide value to our loyal customers.”
Consumerist reports that this is the fourth year in a row that Starbucks has raised prices.
Adjusting Your Latte Budget? Try These Tips
If you’re not ready to give up your caffeine habit, you can still save on those Starbucks runs. Sign up for Starbucks Rewards to earn freebies if you visit on a regular basis. If you’re up for experimentation, try a different drink that costs less or skip the flavor shot every once in a while.
Starbucks isn’t the only place to get your fall flavor fix, either. Try another coffee shop (yes, I actually suggested straying away from old, reliable Starbucks), or buy autumnally inspired coffee beans and brew a cup at home. If you’re feeling fancy, try making your own pumpkin spice coffee creamer.
Lisa Rowan is a writer and producer at The Penny Hoarder.