The Price of Coffee the Year You Were Born – Yahoo Finance

Your daily coffee habit might be costing you just under $3 a cup, depending on where you get your caffeine fix. This means you could easily be spending about $100 or more a month to fuel your days. Just 20 years ago, that same cup would have cost you $1.79.

global coffee shortage.” data-reactid=”12″>When the world’s largest coffee-producing countries — including Brazil, Vietnam, Colombia and Mexico — lose coffee trees or have challenges with exporting coffee, we see some of the biggest shifts in coffee prices. The effects of climate change might also be to blame for coffee bean shortages, according to BBC News. Droughts and heavy rains in coffee-producing countries means fewer exports. As a result, prices rise because of a global coffee shortage.

cost you the year you were born.” data-reactid=”13″>GOBankingRates used Square’s Coffee Report to identify the average cost of a cup of coffee in 2015, then calculated the cost for each year to 1940, adjusted for inflation. Find out how much that cup of coffee costs cost you the year you were born.

Cost of Coffee in 1957: $0.32″ data-reactid=”31″>Cost of Coffee in 1957: $0.32

Cost of Coffee in 1995: $1.74″ data-reactid=”69″>Cost of Coffee in 1995: $1.74

Square’s Coffee Report to get the average cost of a cup of coffee in 2015 and the BLS Inflation Calculator to find the cost of coffee each year since 1940, using 2015 as the base cost year.” data-reactid=”95″>Methodology: GOBankingRates used Square’s Coffee Report to get the average cost of a cup of coffee in 2015 and the BLS Inflation Calculator to find the cost of coffee each year since 1940, using 2015 as the base cost year.

GOBankingRates.com: The Price of Coffee the Year You Were Born” data-reactid=”96″>This article originally appeared on GOBankingRates.com: The Price of Coffee the Year You Were Born

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