When you go out to a coffee shop to get a cup-of-Joe, what are you really paying for when you buy an average cup of coffee?
To answer that question, we built the following interactive chart in Datawrapper using data from the Financial Times applied to the average price of a cup of coffee sold in New York City, where you can hover over the data segments to highlight them. If you're accessing this article on a site that republishes our RSS news feed, please click through to our site to access a a working version.
We were inspired to take on this data visualization exercise by chartr's United Kingdom-priced version at Data Is Beautiful, which breaks down the costs even further for coffee, which is surprisingly one of the smallest contributors to the cost of a cup of coffee.
References
Terazono, Emiko; Webber, Jude; and Schipani, Andres. The abandoned farms behind the global coffee craze. Financial Times. [Online Article]. 19 May 2019.
chartr. The Economics of a Typical Cup of Coffee. Data Is Beautiful. [Online Article]. 8 June 2019.
McCarthy, Niall. The Price of a Cup of Coffee Worldwide. Statista. [Online Article]. 1 June 2018.
Labels: business, data visualization, food
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