We all know that Starbucks, the wonderland of Unicorn Frappuccinos, ain’t exactly cheap. But it turns out that in some countries, your daily coffee feels like an even bigger chunk of change than it does in the United States. ValuePenguin adjusted the U.S. price of a tall hot latte ($2.75) for different countries based on the relative cost of other goods in that country. The results are kind of alarming.
You’ve probably heard of a thing called the “latte factor.” It’s the idea that saving the money you spend on coffee can lead to a cornucopia of riches, or at least some extra vacation cash. But if you’re in, say, Russia, you could save a serious amount of cash by avoiding “Sixbucks.”
Here’s what that latte spend feels like in other countries.
In Australia and the U.K., the money isn’t so different.
Australia’s tall latte is about $2.86 USD, and the U.K. is $2.88. Countries like Canada and New Zealand aren’t much higher than that.
But then the prices start to rise.
In Austria, a tall latte comes to $4.10 USD.
And then they start to get a little crazy.
Thailand, Vietnam, and Indonesia price ranges hover around $8.
And in Russia, a tall latte feels like you’re spending $12.32 USD
And no matter how much you love your latte, that’s a lot to ask of your wallet.
These amounts aren’t direct conversions, but rather numbers that try to measure the impact of money.
Most countries around the world also have cheaper coffee and espresso offerings from local shops. Plus, they also have different coffee habits than we do. But this also doesn’t account for the more expensive drinks on the Starbucks menu, like that Unicorn Frapp which costs over $5 for a grande.
Regardless of where you live, it’s still not a bad idea to make your coffee at home occasionally. Your wallet will thank you.
But, we get it. Sometimes you just need the comfort only Starbucks can provide.