The cost of a coffeehouse has more than doubled in the past 10 years, according to new data from the Australian Bureau of Statistics.
From April 2018 to March 2019, the cost of owning a coffee bar in Australia grew by 9 per cent, or $10,846.
But it was still far cheaper to buy a coffee, with a $2.60 cup of joe now costing $6.20.
Photo: Supplied More: The increase is even more striking when compared to other coffeehouses in Australia, which saw a decrease of 9 per or 8 per cent in the same period.
The bureau said that despite the rise in coffee bar prices, there was no “significant decline” in sales.
“The increase in coffee prices is also not statistically significant,” the bureau said in a statement.
The coffee industry has been under pressure in recent years due to the drought in the western United States, which has caused many cafes to close.
The price of coffee in Australia is currently around $4.50, but that price has risen to around $6 for a double espresso.
In recent years, coffee bar owners have been pushing for a more equitable pricing system for coffee.
In December 2017, Starbucks Australia announced a new coffee pricing policy that would see prices rise in line with the cost to buy fresh coffee.