A coffee in Prague is among the world’s least expensive according to new Starbucks Index

The price of a tall latte in Prague comes in at #58 out of 76 cities in the new 2019 Starbucks Index

Jason Pirodsky

Written by Jason Pirodsky Published on 18.12.2019 11:11:10 (updated on 18.12.2019) Reading time: 1 minute

Daily News Food & Drink
Old Town Square in Prague
Old Town Square in Prague

How expensive is Prague?

While cost of living assessments typically place the Czech capital near the center among major cities worldwide, prices of standardized consumer goods – whose actual value should remain a constant internationally – can sometimes paint a different picture.

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The annual Big Mac Index, for example, measures the price of a McDonald’s hamburger in countries across the globe. In the latest Big Mac Index, published in July 2019, an 85 crown ($3.73) Big Mac in the Czech Republic comes in at #21 out of 56 countries measured, or in the upper 40%.

Similar to the Big Mac Index, which has been published annually by The Economist since 1986, a new Starbucks Index from Finder.com measures the cost of a tall latte at cities with a Starbucks location around the globe – and these results showcase a different view on the purchasing power in Prague and the Czech Republic.

At $2.94, a Czech coffee would fall between Brazil and Australia in the above infographic

At 69 crowns ($2.94), the price of a tall latte at a Starbucks in Prague rates among the cheapest in any of the cities measured. At total of 76 cities were included in the poll, with Prague landing in at #58, or in the lower 25%.

Most expensive coffee in the world? A tall latte in Copenhagen goes for more than twice the Prague price at a whopping $6.05, or about 140 crowns. No surprises: Scandanavian Starbucks locations were among the most expensive, with Vantaa (Finland) coming in at #3 and Oslo (Norway) at #6.

Starbucks lattes in Switzerland, Germany and Luxembourg also came out pricy, but the most expensive cuppas weren’t only in Europe: Hong Kong, Macau, and Singapore also rated among the top 10.

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On the other end of the spectrum, a tall Starbucks latte in Istanbul rings up at $1.78 (about 40 crowns), while a Cairo cuppa also came in at less than $2.

While a tall latte in Prague typically runs for 69 crowns, the price isn’t set across the city – locations in Malá Strana by Prague Castle charge 79 crowns for a tall latte.

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