On average, a flat white in Chelmsford will set locals back 7p more than a pint of lager, costing £3.53 and £3.46 respectively.
If residents were to buy one coffee a day, it would cost £26 more per year than buying 365 pints. , looked at more than 90 UK locations to uncover the priciest and most affordable places to grab a flat white, compared to average salaries. With an average regional salary of £30,012.
00, Tank says Chelmsford residents would spend £1,288.45 per year if they were to buy a coffee everyday - 4.3 per cent of their annual salary.
Experts have predicted a sharp 25 per cent price increase for coffee beans this year which could see prices continue to rise and a £5 coffee era is set to hit London. Despite this, the coffee industry is thriving with 80 per cent of people who visit coffee shops attending at least once a week. Martin Stone, director at Tank, said: "As we enter Sober October, when many choose to give up alcohol for charity, it’s concerning to see that a cup of coffee now costs more than a pint of lager in Chelmsford.
As the cost of living continues to impact our everyday choices, locals looking to save pennies on booze during the alcohol-free month may rethink how they indulge with their money.".
