How Much is Your Espresso Fix Costing?

By Glenn / September 27, 2014

How Much is Your Espresso Fix Costing?

Few things are more enjoyable (or more necessary) in the morning than a strong espresso to kick-start your day. Our society is without doubt coffee obsessed, with an astonishing 79 percent of people over the age of eighteen drinking at least one cup of joe on a daily basis. It is no surprise coffee houses have been popping up on every corner and the airwaves are inundated with coffee related advertisements. But what exactly is this coffee craze actually costing? The answer to that question may be quite
shocking and may make you want to rethink your purchasing habits when it comes to the rich beverage.

expressoIt is estimated that nearly 110 million Americans drink coffee every day. Since the early 90’s, the size of coffee mugs has increased considerably and so have the contents, in the same measure. No wonder coffee houses keep popping up all over the country. So much so that the gas stations and fast food joints have also taken the opportunity to sell coffee. As the demand goes on increasing the suppliers compete with
each other to flood the market with their product.

The demand for coffee has risen so much that many suppliers are finding it hard to cope up with it!
Apparently, many coffee shops are also making lots of money because of such a high demand. One great example is Starbucks, a leading chain of coffee shops. They have zeroed in on the demand and made huge profits. In 2004, they recorded a whopping profit of 70 million dollars for the fourth quarter. This is a lucrative business indeed!

If you estimate a small espresso in your favorite coffee shop runs approximately $3.50, your coffee fix for only five days out of a week quickly shoots up to twelve and a half dollars. Quite rapidly, your cup of espresso skyrockets to a whopping $840 per year assuming you only purchase coffee five days a week. If you drink coffee every day for a year, your daily espresso fix totals a phenomenal $1277. And that cost is only for one person. If your significant other enjoys a daily cup of  joe, double that cost and soon you are racking up over $2,500 a year on coffee alone.

cost of a cup of espresso

You could have done so much more with this amount. You could have had a good vacation with that amount, or you could have bought the latest electronic gadget, or simply saved that money (do not forget to calculate interest levied on it). So, the next time you loosen your pockets to pay for coffee, just think how much of coffee actually suits your budget. This has left you thinking, isn’t it?

If coffee is a luxury you don’t want to let go, then consider other options, such as cutting it down gradually or switching over to a cheaper brand. If espresso is all you want then think of investing in an espresso machine. You will get your professional cup of coffee at an affordable cost. Whichever way you reduce your expenditure on coffee you will certainly have a sense of satisfaction at the end of the day. All it takes is a bit of determination to curb your craving for coffee.

Related Posts

Leave a comment:

Leave a comment: