Starbucks Price Increases 2024. With the chain recently raising its minimum wage to $15 an hour, and most baristas projected to earn between $15 to $23 per hour by the summer, starbucks continues to incentivize workers amid. Menu items at the coffee giant.

A new $20 minimum wage for fast food workers took effect in california on monday. Starbucks’ struggles reflect consumer fatigue with high prices at food chains, restaurants and stores after years of price hikes.