Where in the world will you pay the most for a cup of coffee? It depends who you ask. Financial consultants UBS asked their ‘local experts’ how much an average long black costs in their city.
They found that Doha, the capital of Qatar, had the most expensive coffee in the world, where a long black will set you back about $8.40 AUD. The runner-up was Copenhagen, with $8.19 for a long black, and in third place Dubai, where a coffee costs $7.48. UBS’s local Aussie experts weren’t too busy drinking some of the best lattes in the world to place Sydney at number 31 on the list.
If you thought that was the end of the debate, remember how we said it depends who you ask? The Starbucks Index compiles the cost of a Starbucks latte in 75 countries across the world, to check whether the country’s currency is indicative of the cost of living in that country – and it turns out it’s a pretty accurate measure.
By the Starbucks Index, you will pay $8.04 for a café latte in Switzerland, the most expensive Starbucks in the world. Next, in descending order, are Copenhagen, Helsinki, Brussels and Stockholm. No surprises there, as these Nordic countries are known to have some of the highest living costs in the world. On this list, Sydney rates as the 15th most expensive coffee in the world.
What do you think? Would you pay over $8 for a long black? Or would you do without, at those eye-watering prices?