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Starbucks to increase prices Tuesday

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The prices at your neighborhood Starbucks will be going up, starting next week. (Source: CNN) The prices at your neighborhood Starbucks will be going up, starting next week. (Source: CNN)

(CNN) – Your Starbucks latte could cost you more starting Tuesday – the coffee giant is raising its prices.

On average, a Starbucks drink will cost between five and 20 cents more.

The company estimates that only about 20 percent of orders will be affected.

The price change will be different in different areas of the country.

Starbucks is also raising the price of its packaged coffee sold in grocery stores by about 8 percent, beginning July 21.

While retailers, ultimately set that price, customers can expect to pay about a dollar more per 12-ounce bag.

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