Coffee prices continue to rise: Tips to save at home and find local deals
Sticker shock has struck coffee-drinkers across the country, with roasted coffee prices up over 20% in the last year -- more than any other item tracked by the government.
The rise in prices has impacted some Americans' coffee consumption habits, from those who have already dialed in their at-home barista routine to those who rely on a coffee shop to get their daily caffeine fix.
As prices increase, some have turned to less expensive alternatives before giving up coffee altogether.
"Coffee prices are significantly higher than historical," consumer and retail expert Jacob Aiken-Phillips, VP of Melius Research, told ABC News. "The primary driver is that there are problems in the supply chain."
"There's been drought and weather conditions in Brazil and Southeast Asia," Aiken-Phillips continued. "Inventories are low. But then now, with tariffs enacted, that just adds a layer onto the costs."
According to experts, smaller independent roasters and coffee shops will likely experience fluctuations more quickly than major coffee chains.
The owners of Pink Owl Coffee, an independent shop in Northern California, told ABC News that four years ago, they paid $1.50 per pound for roasted coffee. Now, they pay $6.50, they said.
The higher prices are driving some to share creative coffee alternatives on TikTok, with videos pouring in of people trying out various instant espresso or instant coffee options.
Tips to save on coffee at home or local cafes
Other options to save on at-home coffee include buying roasted beans in bulk and storing them in a dark, airtight container in a cool, dry place.
Another option is to store leftover coffee in the fridge or freezer to enjoy later so a half drank cup doesn't go to waste.
Keep an eye out for deals and coupons especially through social media, store apps or a local paper to score potential discounts from a favorite local cafe.
You can also sign up for loyalty programs that reward customers with additional deals or free drinks.
