Tim Hortons Menu and Price Increases You Should Know (2023)

Tim Hortons is considered Canada’s largest fast-serve restaurant chain with over 5,300 restaurants in 15 countries. This Canadian coffeehouse only served coffee and donuts when it first opened in 1964. But the chain has gradually expanded the menu to include baked goods, sandwiches, and other fast-food items

Like so many other coffee chains, Tim Hortons increased their menu prices the past couple years. I share the update prices for 2023 along with valuable discounts that can get you free iced or hot beverages below.

Tim Hortons menu poster.

Full Tim Hortons Menu and Prices

Hot Coffee And Beverages

Let’s start with hot coffees, teas, and chocolates.

Iced Coffee And Cold Beverages

Tim Hortons also serves cold drinks such as iced coffee, lemonades, and cold beverages.

Smoothies

Tim Hortons smoothies are made of quality Greek Yogurt.

Handcrafted Sandwiches

Tim Hortons sandwiches are perfect for lunches and quick meals. Menu items labeled “meal” include medium chips and a drink.

Grilled Panini

Tim Hortons toasted paninis are delicious and filling. A panini meal includes medium chips and a drink.

Grilled Wraps

If sandwiches are not your thing, why not try Tim Hortons grilled wraps? Each grilled wrap item menu with the “meal” label has medium chips and a drink.

Sides and Favorites

Enhance your Tim Hortons meals with these side dishes.

Hot Breakfast

Start your day with a hot and filling Tom Hortons breakfast. A meal item includes a medium coffee and a hash brown.

Grilled Breakfast Wraps

If you’re busy and want breakfast on a breakfast-on-the-go, check out these delicious grilled breakfast wraps. Meals include a medium coffee and a hash brown.

Lighter Options Under 300 Calories

You can check out these low-calorie menu items if you’re watching your diet.

Bakery Fresh

Baked goods are also available in Tom Hortons locations.

Holiday/Featured Items (Beverages)

On special holidays, Tom Hortons will serve these beverages.

Holiday/Featured Items (Food)

Order any of these food items during special holidays.

Retail Items

Did Tim Hortons Increase Prices Again?

Tim Hortons has raised menu prices numerous times since opening in 1964 when you could purchase a small coffee for only 10 cents. Unfortunately, the days of sub $1 coffees are long gone at Tim Hortons and every other coffee chain on the planet.

Based on the article from CBC News, the owner of Tim Hortons, Restaurant Brands International (RBI), announced lower profits and higher prices for some products at Tim Hortons in 2017. Lower profitably led to price increases of some hot beverage and breakfast menu items. The chain cited rising operational costs as the reason for the price hike, which was about 10 cents on these items.

The announcement came at a time when RBI was facing an internal revolt by Tim Hortons franchisees in Canada and the US. The franchisees accused the company’s head office of penny-pinching, driving up their expenses, and overall mismanagement. RBI denied these allegations.

Fast forward to more recent times, the price of a small coffee at Tim Hortons increased from $1.95 in 2018 to $2.19 in 2019. This was an increase of 24 cents or 12.31% increase.

Related Reading: Dutch Bros Menu Prices: More Price Increases? 

The reasons behind these price hikes were multifaceted. The cost of coffee beans has been on an upward trajectory, and Tim Hortons has also been investing in new and improved coffee machines, which has led to higher operational costs. Additionally, the company has been facing increased competition, which has put pressure on prices.

Follow Tim Hortons on social media.

Moving ahead to 2023 and prices are continuing to move upward. Just this year the Everything Bagel went from $1.79 to $1.99 (11.17% bump). Medium iced cappuccinos went from $3.29 to $3.49, a 6.17% price increase.

Not surprisingly, social media has taken note of these price hikes. Some users are understand prices are rising at restaurants across the board. Others are frustrated and feel like Tim Hortons doesn’t offering enough value for the price any longer. Here are some of the candid comments from Reddit users:

• “I understand that prices are rising, but I feel like Tim Hortons is taking advantage of their customers. The quality of their food has been declining for years, and now they’re raising prices.”
• “I’m not surprised that Tim Hortons is raising prices. They’re a business, and they have to make a profit. But I do think they’re going to lose some customers because of this.”
• “I’m still going to go to Tim Hortons, but I’m going to be more selective about what I order. I’m not going to waste my money on overpriced food that’s not very good.”

Unstable supply chains, labor inflation, and rising commodity prices forced Tim Hortons to increase the prices over the years. Like many restaurants and fast food chains, they have not been spared these pressures and challenges.

Restaurant Brands International (RBI) Chief Executive Officer Jose Cil believes it’s essential to stay within reach of the consumer from a pricing standpoint. Only time will tell if the chain will increase menu prices further and if the end consumer will accept these elevated costs.

Is Tim Horton’s Business Performance Strong?

Tim Hortons has demonstrated resilience and growth during a difficult past couple of years. But the benefits of this growth may not always be shared with franchisees according to the Alliance of Canadian Franchisees (ACF).

Despite the closure of some locations, the coffee chain has seen an impressive 11% increase in sales in the first quarter reaching a total of $1.73 billion. This surge in sales is a testament to the brand’s enduring popularity and its ability to adapt and thrive in challenging circumstances.

The Walnut Crunch is back at Tim Hortons.

However, it’s not all smooth sailing. Despite the overall success, there’s a brewing storm among the franchisees. They’ve voiced concerns about their profitability, claiming that the cost of ingredients they purchase from RBI has outpaced menu price increases, thereby squeezing their margins. RBI has countered these claims, asserting that the strong traffic and sales momentum are improving the situation. They’ve also highlighted that Tim Hortons franchisees have seen a meaningful increase in their profitability in Q1.

Yet, the Alliance of Canadian Franchisees (ACF) remains unconvinced. The ACF, which had previously gone public with its concerns, maintains that the profitability issue persists, even suggesting that Tim Hortons franchises were nearing a “crisis point.” In response, RBI has implemented new reporting practices to publicly disclose franchisee profits.

The first round of reporting revealed that the average Tim Hortons restaurant made $220,000 in annual earnings before interest, taxes, depreciation, and amortization, which is roughly $100,000 less than in 2018. Despite the ongoing dispute with the ACF, some franchisees have reported strong improvement in first-quarter profits year-over-year. However, they acknowledge that profits are not yet at 2018 levels. All this being said, Tim Hortons is a brand that continues to demonstrate year-over-year growth even though franchisees have experienced challenges.

Why do customers like Tim Hortons so much?

Not from Canada and wondering what all the hub-bub is about with Tim Hortons? This chain is lovingly referred to simply as “Timmy’s” in Canada. Here are a few reasons consumers enjoy this coffee chain so much.

• Quality: Tim Hortons serves fresh, high-quality coffee and baked goods daily. The quality and taste of its products have been consistent since the company’s inception.
• Variety: Over the years, Tim Hortons has expanded its menu to include various a wide variety of sandwiches, soups, salads, baked goods, and beverages.
• Convenience: Tim Hortons has many branches across Canada, the US, and other countries. Many Tim Horton locations are also open 24 hours a day, making them accessible anytime for customers.
• Affordable prices: Even if menu prices have increased, Tom Hortons’s food is still affordable and there a plenty of ways to saving by joining Tims Rewards and coupons. The high quality of food ensures that customers enjoy every cent of their money.

Are there any menu hacks at Tim Hortons?

Do you want to make the most of your experience at Tim Hortons? Check out these pointers.

• Customize your grilled cheese sandwich with add-ons such as bacon, tomatoes, extra cheese, and more. You can also order the bagel minus the meat.
• If you’re a vegetarian, ask the staff to put it inside the sandwich or wrap rather than the usual sausage or bacon.
• Improve the taste of your hot chocolate by adding a Tim Hortons chai tea bag to your drink.
• Ask the staff to add sweet syrup to your beverages, not just coffee. Tim Hortons has chocolate, vanilla, and caramel syrups.
• Order a hot chocolate and add a shot of espresso. The bitter-sweet taste will be pleasant.

Can you customize sandwiches at Tim Hortons?

Tim Hortons gives you all sorts of options to customize an order at the counter or through the mobile app. Here are some ways to customize sandwiches at Tim Hortons.

• Bread options: Tom Hortons offers a variety of bread such as white, whole wheat bread, croissants, English muffins, and bagels.
• Meat options: Choose between ham, bacon, turkey, sausage, roast beef, and more. Or you can simply exclude the meat for a non-meat substitute.
• Cheese options: You can select a variety of cheese for your sandwiches. These include Swiss cheese, cheddar, and mozzarella.
• Condiments and toppings: Extra lettuce, onions, peppers, tomatoes, and more are available. That’s the same with ketchup, mayonnaise, or mustard.
• Vegetarian and vegan options: You can also ask the staff to prepare your sandwich without meat or cheese. Then you can ask for substitutes such as additional veggies.

Is Tim Hortons cheaper than Starbucks?

Coffee at Tim Hortons is generally cheaper than at Starbucks. On average, based on similar items I evaluated below, Starbucks is approximately 26.70% more expensive than Tim Hortons on the drinks menu. Here are the cost differences based on a side by side analysis.

Coffee: In these examples Starbucks is approximately 26.05% more expensive than Tim Hortons.

• Starbucks: A small (short) coffee costs $2.15, medium (tall) is $2.25, large (grande) is $2.65, and extra-large (venti) is $2.95.
• Tim Hortons: A small coffee costs $1.59, medium is $1.79, large is $1.99, and extra-large is $2.19.

Latte: Starbucks is approximately 25.67% more expensive than Tim Hortons based on these drink options.

• Starbucks: A small (short) latte costs $3.35, medium (tall) is $3.45, large (grande) is $4.25, and extra-large (venti) is $4.75.
• Tim Hortons: A small latte costs $2.49, medium is $2.99, and large is $3.49.

Hot Chocolate: Starbucks is approximately 30.18% more expensive than Tim Hortons for hot chocolate.

• Starbucks: A small (short) hot chocolate costs $2.85, medium (tall) is $2.95, large (grande) is $3.45, and extra-large (venti) is $3.65.
• Tim Hortons: A small hot chocolate costs $1.99, medium is $2.49, large is $2.99, and extra-large is $3.29.

Iced Coffee prices at Starbucks is 24.91% more expensive than Tim Hortons.

• Starbucks: A small (tall) iced coffee costs $2.65, medium (grande) is $2.95, large (venti) is $3.45, and extra-large (trenta) is $3.65.
• Tim Hortons: A small iced coffee costs $1.99, medium is $2.29, and large is $2.79.

Can you get free coffee at Tim Hortons?

You can get a free medium cold drink when you sign up for Tims Rewards by downloading the app. You’re eligible for free ice coffee, latte, Americano, fruit cooler, matcha or any other cold beverage in your first 7 days of joining the loyalty program. Log in to your Tim Hortons account and order your food and beverages.

Prefer a hot beverage for free? You can join Tims Rewards using this offer to get a free hot espresso drink in your first week as well for new members.

Check out Tim Hortons on Roblox.

Earn Points… Get Rewarded

Like other customer loyalty programs, you earn 10 points per $1 spent at Tim Hortons. You can accumulate points with in-store and online purchases. Keep in mind that points are rounded to the nearest tenth of a dollar so if you spend $2.85, you will only earn 29 points.

You can use your points to redeem free food, drinks, and merchandise at Tim Hortons. You can also donate your points to charity.

Here’s how many points you’ll need to accumulate for rewards:

• For 50 Tims Rewards Points ($5 in spend): Free Cookies, hash browns, classic/specialty donuts
• For 70 Tims Rewards Points ($7 in spend): Free coffee, tea, and bagels.
• For 100 Tims Rewards Points ($10 in spend): Free iced coffee, french vanilla, wedges, hot chocolate
• For 140 Tims Rewards Points ($14 in spend): Free espresso kits, oatmeal, yogurt, 10 Timbits, Classic Iced Capp, frozen drink
• For 180 Tims Rewards Points ($18 in spend): Free soups, breakfast sandwiches
• For 220 Tims Rewards Points ($22 in spend): Free lunch sandwiches, farmers’ breakfast sandwiches, Belt, Chili

As you can see, the Tims Rewards point system is extremely generous. Many customers will earn a free item on almost every visit to the coffee chain.

Finally, Tims Rewards has a refer friends to the program offer where you earn 100 points for each friend who signs up for the program and makes a purchase. If you’ve got a lot of friends who haven’t signed up for a membership yet this is a fantastic deal.

What discounts or coupons are available at Tim Hortons?

You can save money when buying at Tim Hortons by taking advantage of coupons and other discounts. The first way to save is using coupons. Tim Hortons regularly sends out coupons in areas they serve so make sure to check your newspaper or mailbox for these deals. When you download the Tim Hortons app, you’ll also be notified about the latest deals and coupons that come out every month.

Here are the deals I found inside the app that are valid for June, 2023:

1. Breakfast Sandwiches for $1.49
2. $1 Small Dark Roast Coffee
3. $1 Small Iced Coffees
4. 20% discount on Craveables Sandwich with an Iced Capp
5. Earn 400 Bonus points on 2 Classic Breakfast Sandwiches
6. 2 Steeped or speciality Tea for $3
7. Creamy Chill with a Farmer’s Wrap for $7

Here are some examples of valuable coupons that Tim Hortons has published in the past:

Tim Hortons Coupons.

• $1 10 Pack of TimBits
• Buy One Get One Free Chicken Bacon Ranch Wrap
• Buy One Get One Free Grilled Cheese Melt
• 99 Cent Classic Muffin
• $3.49 for 6 Classic or Specialty Donuts
• $1 Any Size Dark Roast Coffee
• $1.99 Small Dark Roast Coffee and Classic Donut

But the savings doesn’t end there. Did you know that Tim Hortons offers a free breakfast sandwich or a complimentary coffee on your birthday?

Here’s the scoop: When you sign up for Tims Rewards the birthday rewards is automatically loaded onto your account. You can redeem this offer within a week of your birthday and no purchase is necessary.

Burger King purchased Tim Hortons last August 2014. Both companies are now subsidiaries of Restaurant Brands International (RBI).