> Right now cafes can charge $4-$6 for a coffee drink and people seem to be willing to pay it. As coffee gets more expensive, how many people are willing to pay $6-$8? For a lot of cafes, it won’t take much of a drop in business to kill them.
Sure, but to drive an increase of that amount using coffee bean prices alone requires coffee beans to double in price.
The majority of that $6 coffee you are buying at a cafe is non-bean costs. IOW, of that $6 coffee, maybe $1 worth of beans are used.
(If, like me, you drink only black coffee with no sugar or milk or flavouring added, you will also experience the frustration of paying almost the same as everyone else who is buying some flavoured coffee)
Sure, but to drive an increase of that amount using coffee bean prices alone requires coffee beans to double in price.
The majority of that $6 coffee you are buying at a cafe is non-bean costs. IOW, of that $6 coffee, maybe $1 worth of beans are used.
(If, like me, you drink only black coffee with no sugar or milk or flavouring added, you will also experience the frustration of paying almost the same as everyone else who is buying some flavoured coffee)