Starbucks to raise prices on drinks, packaged coffee

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(KTVI)-Your Starbucks latte could cost you more starting Tuesday. The coffee giant is raising its prices.

On average, a Starbucks drink will cost between 5 and 20 cents more. The company estimates that only about 20% of orders will be affected.

The price change will be different in different areas of the country.

Starbucks is also raising the price of its packaged coffee sold in grocery stores beginning July 21. Customers can expect to pay about $1 more per 12 oz. bag.


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