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You Can Panic: Starbucks Is Raising Coffee Prices By 1 Percent

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Though coffee commodity costs are in decline, Starbucks Corp. announced that they will be raising prices of select beverages by 1 percent. So if you're a heavy Starbucks drinker, you might want to set a little more money aside.

While not all drinks will cost more, some will rise anywhere between 5 cents to 2o cents. Fans of simple brewed coffees will have to pay an additional 10 cents for a small or large cup.

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However, the prices for the more popular cold drinks are said to stay the same. Because Frappuccinos are expensive enough. Expect to see the changes at locations across the nation.

Starbucks locations in Seattle, the company's home state, will face a 3.5 percent increase.

Sorry, Seattle.