$7USD is over $11NZD. I have no doubt that some places charge a lot for specialty coffee, the article specifically addresses that the cost of your average coffee is catching up on the specialty coffees. But is a regular, normal coffee from a cafe or coffee shop actually $7USD?
In NZ I’d expect ballpark of $5-6NZD for a latte, about half the cost of a $7USD coffee.
$7USD is over $11NZD. I have no doubt that some places charge a lot for specialty coffee, the article specifically addresses that the cost of your average coffee is catching up on the specialty coffees. But is a regular, normal coffee from a cafe or coffee shop actually $7USD?
In NZ I’d expect ballpark of $5-6NZD for a latte, about half the cost of a $7USD coffee.
Yeah most of that cost is “inflation” (corporate profits are through the roof).