Singapore ranked among 20 most expensive cities for coffee
According to 2016 Coffee Price Index by Service Partner ONE.
The company released the report which ranked cities based on their ability to offer the best value coffee worldwide. The research, which accounted for 75 cities from 36 countries across the globe, found that Rio de Janeiro, Brazil offers the least expensive average coffee price, whilst Zurich, Switzerland was the most expensive city researched.
To gather the data needed for the ranking, the cost of four separate types of coffee were averaged: a cup of coffee in an office, a Grande Latte from Starbucks, a medium cappuccino from an independent coffee shop, and a cup of coffee at home. The study also looked into the costs of coffee from various sources, not just high street outlets, to provide an overall value of coffee in each city.
Singapore is ranked 20th most expensive city for coffee with coffee priced at $2.33(S$3.30) per cup. Zurich which came in as the most expensive city overall, at an average of $3.52 (S$5), and Rio de Janeiro where coffee was the most affordable, with an average of $1.02 ($1.44).
In Asian ranking, Hong Kong emerged as the priciest city for coffee. It is ranked 6th in the global ranking with coffee costing $2.88 (S$4.08) per cup.
