You could save £507 a year
If you buy a £2.50 latte each day from Monday to Friday, 48 weeks of the year, you will spend £12.50 a week, adding up to a total of £600 a year.
Bringing home-made coffee to work in a travel mug. This works out almost 3 times cheaper than buying it ready-made. Here's how the cost breaks down:
- Coffee beans: £45 a year (based on Starbucks House Blend at 10g per day).
- Milk: £48 per year (based on 4/5 of a pint per drink). A 4 pint carton of whole milk costs around £1 (based on the price at Tesco, as of Jan 2015). Used just for lattes this should last you at least a week.
There are a few extra bits and pieces you'll need for your coffee, but once these are bought they should last you a long while. And if you live with other people, you can split these costs:
Total one-off costs: £69.94. Once these items are paid for, your cost for a daily fresh-ground coffee will be £93 a year (38p per coffee).