Buying your daily cup of coffee at the local coffee shop might be convenient, and it may even seem affordable. But after you find out how much retailers mark up the price of coffee, you might start making it at home. In fact, you might want to start making it at home and selling it to your neighbors for a profit!
If you buy coffee every day, and that coffee costs you between $1.50 and $1.95 a cup, you'll spend around $700 a year on your java habit. The coffee shop, on the other hand, only spends about 15 to 20 cents on your cup of coffee. So, that's about a 900 percent markup. And that doesn't even take into account the other items you might pick up at the coffee shop -- muffins, doughnuts, biscotti.