Singapore ranked the world's 8th priciest country to have coffee

Danish people pay $8.36 for the same cup of coffee.

Singapore ranked as the eighth most expensive country globally for the cost of a Starbucks tall latte, at $6.20 (US$4.50), according to a survey by finance research firm Finder.

That’s reportedly more than double the price found at the cheapest country to have coffee in the world. The same caffeine drink bought in Istanbul, Turkey only costs $2.46 (US$1.78).

Also read: Singapore climbs eight spots in costliest expat city rankings

The people of Copenhagen, Denmark shell out the most to buy the same cup of coffee in the world, at a whopping $8.36 (US$6.05). Prices are steepest in Northern Europe, averaging $6.56 (US$4.74), followed by cities in Western Europe at $6.35 (US$4.59). The cheapest cup of coffee in Europe can be found at its Southern and Eastern regions, where a tall latte can be bought for $4.36 (US$3.15) and $4.15 (US$3).

Asian countries on average were the second-most expensive region to drink coffee after Europe at $5.14 (US$3.72). East Asian cities in countries such as Japan, Taiwan and Macau had the highest average cost at $5.85 (US$4.23); whilst cities in Western Asian countries such as Bahrain, Lebanon and the United Arab Emirates (UAE) cost $5.25 (US$3.80).

Southeast Asian countries such as Brunei, Singapore and Thailand averaged $4.62 (US$3.34), and a tall latte in South Asia (India) would require you to pay $4.56 (US$3.3). Central Asia (Kazakhstan) has the cheapest Starbucks tall latte, only requiring you to pay $4.4 (US$3.19) for a cup.

The least expensive region to buy coffee is Africa at $3.14 (US$2.27) – although the data came from just three countries: Egypt, Morocco and South Africa. The second cheapest region was Oceania at $3.18, including Australia and New Zealand, the report added.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia