PR: Making Espresso at Home can Save Consumers Nearly $2,000 per Year

The team recently got together to analyze the cost and benefit of making your espresso at home and we released this study last week that details relative savings associated with each drink. It's kind of surprising, but we found data to support the fact that the average American coffee drinker can spend about $2800 each year on their daily coffee. This is based on the average cost of a latte at $2.45 and the average number of coffee drinks consumed per day of 3.2. Obviously, lattes can be significantly more expensive (we often shell out nearly $4.50 for a grande soy latte) and your daily consumption can vary, but we figured the averages balance each other out. If you're looking for ways to cut your expense budget but don't want to give up your daily joe, strike a compromise between your hedonism and pragmatism by investing in a home espresso machine.