Revealed: the cost of your coffee addiction

According to figures released last week,  Britain has more than twice as many coffee shops in 2015 compared with ten years ago. There's now one coffee joint for every 3,000 Britons - which helps explain why we get through an estimated 2.2 billion cups a year.

Globally, 400 billion cups of coffee are consumed each year. But this coffee addiction has a price.

According to research from Buddy Loans, carried out earlier this year, Brits spend £730 million on coffee each year.

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The research revealed we spend more on "specialist" cappucinos a year, £608.84, than we do on food and drink when we're on holiday - only £359.45. 

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Where you choose to get your coffee from can either cut costs or increase them greatly. Those who get their daily fix from Wetherspoon spend just over £250 a year on coffee, while those who prefer Starbucks spend over £660.

The researchers recommend purchasing a stove top maker to save money on your daily espresso. 

On average, they found your coffee addiction could cost you over £15,000 in your lifetime and, if you switch from buying your coffee to making your own at home, you could afford almost two holidays from the savings.

77 per cent of Brits said they would choose instant coffee over freshly brewed, potentially saving hundreds of pounds each year as the cost per cup is only around £0.06. 

How to cut the coffee costs

Reduce the size

Get a medium or small cup as opposed to a large cup. This can save you 30 per cent.

Go simple

Skip the cappuccinos and get a regular filtered coffee.

Skip the extras

Coffee shops sell much more than just coffee. Skip the muffins, crisps, and cakes.

Loyalty rewards

If a coffee shop offers loyalty stamps or cards, use them and save.