We took a look at coffee chains and found a cappuccino at £1.56 cheaper than others

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The study, conducted by Vouchers4real.co.uk, calculated the average cost of six popular hot drinks at five franchised UK coffee outlets to find which are the cheapest overall for a hot drink this winter.

Greggs is the cheapest coffee shop chain for a hot drink this winter, at an average price of £2.22. They also ranked as the cheapest across all six drinks, especially for the price of a tea - which came to £1.55.

Caffè Nero ranks second, with an average price of £3.85 per hot drink. The cheapest drink at Caffè Nero is also a tea, at a price of £3.10, and an americano comes second at £3.51, with a latte and a cappuccino each costing £4.01.

Pret A Manger placed third, with an average price of £3.88 per hot drink. The price of a tea at Pret A Manger is £3.30, with an americano following in as the second cheapest drink costing £3.60, while a latte costs £4.04.

Following in fourth is Costa, with an average price of £4.05 per hot drink. The cheapest drink at this franchise is also a tea at £3.09, an americano is the second cheapest at £3.70, while a cappuccino costs £4.29.

Rounding out the top five is Starbucks, with an average of £4.28 per hot drink. A tea here costs £3.34 and is the cheapest drink at Starbucks, while an americano is £3.92, and the third cheapest drinks are the latte and the cappuccino, both priced at £4.40.

Commenting on the findings, a spokesperson for Vouchers4real.co.uk, said: “Coffee and other hot drinks are a popular indulgence during the winter, but the cost can add up quickly. Finding out which coffee shop chain offers the cheapest option helps budget-conscious consumers enjoy the seasonal experience without overspending.

“The holiday season is also a time of high brand loyalty and tradition. People may be inclined to buy their hot drinks from a particular chain due to taste preference, habit, or familiarity with their favourites. Seeing price differences could challenge these habits if, for example, a favourite chain is significantly pricier than alternatives.”