Starbucks Set to Raise Price on Popular Seasonal Fall Beverage

With the price of everything going up, it should come as no surprise that Starbucks is raising its already sky-high coffee prices.

Starbucks announced they are going to raise the price for one of their most popular seasonal beverages, the Pumpkin Spice Latte.

Anyone who wants to grab a PSL will face costs between $5.45 and $5.95 for a grande-sized cup, according to a report from CNN. Starbucks CEO Kevin Johnson warned months ago that prices would be on the rise due to inflationary pressures and labor costs.

This will be the 19th year for the Pumpkin Spice Latte. It will be served in the fall lineup alongside a cold brew version, as well as an Apple Crisp Macchiato and Apple Crisp Oatmilk Macchiato.

“The first sip of a Starbucks Pumpkin Spice Latte or Pumpkin Cream Cold Brew cues the unofficial start of the fall season for many customers, and Starbucks is celebrating its return alongside a full menu of fall favorites,” Starbucks said in a press release.

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