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Starbucks hiking coffee, espresso, latte prices

Starbucks cups are shown mugs in a cafe in North Andover, Mass. Starbucks announced today that it was raising prices slightly on brewed coffee, espresso and tea lattes in U.S. company-operated stores. (AP Photo/Elise Amendola, File)

Starbucks says it’s increasing prices slightly on brewed coffee, espresso and tea latte beverages.

The Seattle-based coffee chain says prices on select sizes of brewed coffee in U.S. company-operated stores are jumping 10 to 20 cents Tuesday, while prices on espresso and tea latte beverages will rise 10 to 30 cents.

The company says in a statement that pricing in stores is “continually evaluated on a product-by-product and market-by-market basis in order to balance business needs.”

The price jump comes a day after Starbucks announced it would boost the base pay of all employees and store managers at U.S. company-run stores by 5 percent or more/ Associated Press.

Question: How much is too much to pay for a cup of coffee, espresso or tea latte beverages?

* This story was originally published as a post from the blog "Huckleberries Online." Read all stories from this blog