Starbucks Raising Prices Despite Cheaper Coffee Beans

Looks like you might have to fork over a few more cents for your daily coffee at Starbucks.

Starbucks is raising prices by 1 percent nationally starting Tuesday, June 25, according to the Associated Press.

A small brewed coffee could see the price increase by 10 cents while other drinks could increase by more than that. 

However,  Starbucks said its medium and large brewed coffees and Frappuccinos won't change in most of its 11,000 U.S. cafes.

The price increase comes even though bean prices are dropping, according to the Associated Press. An analyst estimated that this year Starbucks will spend about half the $1.4 billion it did for coffee in 2012.

Starbucks said though that coffee represents just one of its many costs and tends to account for less than 10 percent of overall store expenses.

Here's a rundown of where you'll find Starbucks in and around Lincoln Park:

• 210 W. North Ave.
• 2525 N. Clark St.
• 2063 N. Clark St.
• 1001 W. Armitage Ave.
• 1157 W. Wrightwood Ave.
• 2275 N. Lincoln Ave.
• 2200 N. Halsted St.
• 1245 W. Fullerton Ave.
• 617 W. Diversey Parkway
• 1700 W. Diversey Parkway
• 1001 W. Armitage Ave.
• 959 W. Fullerton Ave.

What do you think of the price increase? Do you mind the extra cents? Tell us in the comments.