Starbucks Costs More in China

A grande latte now costs about $5 in China, while it’s still just under $4 here.

Quartz reports on coffee price increases in China and India, comparing them to the average earnings there. The fun part:

In November, the outlet made another two yuan increase to more than five drinks, including lattes, cappuccinos and mochas in 12 cities in China. The raise in price was made in order to offset the lower operating margins reported in the fourth quarter as spending goes toward the outlet’s expansion.

One Sina Weibo user wrote:

What we are disgusted with is not the price hike at Starbucks. We are annoyed to be buying the same product in China at a higher price than in the US.

Now you know how we feel about your cheaper smartphones, China.

Sign up for our free newsletter

Like this article? Sign up for our newsletter and we'll send you a regular digest of our newest stories, full of money saving tips and advice, free! We'll also email you a PDF of Stacy Johnson's "205 Ways to Save Money" as soon as you've subscribed. It's full of great tips that'll help you save a ton of extra cash. It doesn't cost a dime, so why wait? Click here to sign up now.

Recommended For You


Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,769 more deals!