If you think Dunkin’ or McDonald’s would win the crown for the most affordable iced coffee in the United States, think again. A new list has just been published, and the results might surprise you.
The popular food website Delish released its ranking of the nine cheapest iced coffee drinks available at major fast food and fast-casual chains across the U.S. The findings are refreshing—literally—especially for anyone trying to keep cool and caffeinated without draining their wallet.
The Surprising Winner of the Iced Coffee Price War
In a time when menu prices seem to climb faster than the summer temperature, one brand has managed to do the impossible—offer iced coffee for under $2. Yes, you read that right.
Delish based its research on small-sized iced coffee offerings, or the smallest size available on the chain’s menu. This ensures a fair comparison, as cup sizes can vary between brands. Even with the same category, the price gap between chains can be significant.
Why This List Matters
The iced coffee market in the U.S. is booming, with millions of Americans choosing the chilled drink as their daily pick-me-up.
However, with inflation affecting everything from milk to coffee beans, the average price of iced coffee has been creeping upward.
For budget-conscious coffee lovers, knowing which chain offers the best value can make a real difference—especially for those who visit daily or multiple times a week.
Saving even $1 per drink can add up to over $20 in a single month.
Delish’s Criteria for the Ranking
The methodology behind the list was straightforward:
- Chains Analyzed: Major fast food and fast-casual restaurants operating nationwide.
- Drink Type: Only iced coffee—no lattes, cold brews, or specialty flavors included.
- Size Considered: Small cup or the smallest size available.
- Price Check: Prices taken from publicly available menus or verified store visits.
By focusing solely on iced coffee, the ranking avoids confusion with other cold coffee beverages that may carry higher prices due to extra ingredients or brewing methods.
The $2 Game-Changer
Among all the contenders, one brand came out on top for breaking the $2 barrier, something almost unheard of in 2025. For context, many competitors now charge between $2.50 and $4 for a similar drink.
This means budget-minded customers can enjoy a refreshing caffeine boost without feeling guilty about the cost. It’s an especially welcome find during the hotter months when iced coffee consumption spikes.
Beyond Dunkin’ and McDonald’s
While Dunkin’ and McDonald’s remain popular for their affordability compared to artisanal coffee shops, they didn’t take the cheapest spot this year.
McDonald’s small iced coffee is still considered one of the best budget-friendly options in many states, while Dunkin’ is known for its frequent deals and loyalty rewards. However, both chains were edged out by a competitor willing to price its drink just a little lower.
How Prices Compare Across the Board
The list from Delish features nine brands in total, each with its own pricing strategy. While the gap between first and last place might only be a couple of dollars, the psychological difference for customers is significant.
When prices get close to the $4 mark, some consumers may skip the drink entirely or opt for making iced coffee at home. That’s why a sub-$2 price point can be such a powerful draw.
What This Means for Coffee Fans
For the coffee-obsessed, this list is more than trivia—it’s a guide to maximizing flavor while minimizing cost. If you’re someone who enjoys an iced coffee daily, finding a go-to spot that won’t empty your wallet is essential.
With summer temperatures climbing, the demand for iced coffee is only expected to rise. The brands that can keep prices low without compromising taste are likely to see loyal customers flock to their doors.
Money-Saving Tip for Iced Coffee Lovers
If your favorite chain isn’t the cheapest, don’t worry—you can still save:
- Join loyalty programs for free drinks or discounts.
- Order a smaller size and add ice or milk yourself.
- Look for special deals during happy hours or seasonal promotions.
Final Thoughts
The cheapest iced coffee in America isn’t coming from the usual suspects like Dunkin’ or McDonald’s, but from a brand willing to keep prices refreshingly low.
In an age where every cent counts, knowing where to find a delicious, budget-friendly iced coffee can be a small but satisfying win.
Whether you’re a casual drinker or a daily devotee, this ranking from Delish is a handy tool for your next caffeine run. And with at least one brand offering iced coffee for less than $2, it’s proof that sometimes the best things in life really are affordable.
Frequently Asked Questions
1. Which chain has the cheapest iced coffee in the U.S.?
According to Delish, the most affordable iced coffee comes from a chain offering it for under $2, beating out both Dunkin’ and McDonald’s.
2. How was the ranking for iced coffee prices made?
Delish compared small iced coffee prices from major fast food and fast-casual chains, using menu prices and in-store verification.
3. Why are iced coffee prices rising?
Rising costs of coffee beans, milk, labor, and store operations have led to gradual increases in iced coffee prices across most U.S. chains.
