Your morning routine may get a little more expensive as the cost of everything from gasoline to breakfast food is increasing.

Gas is already priced at 20 cents a gallon more than it was at last year, and analysts have predicted a 2 percent increase in food prices this year.

Orange juice futures rose nearly 3 percent Wednesday after a cold snap hit Florida's citrus crops.

Even getting that fix of caffeine in the morning could cost you more.

Starbucks announced it's raising its prices by 1 percent in some major cities, including New York, Boston, Atlanta and Dallas.

"The steady up-creep in prices is coming at a time when incomes aren't really growing, and it's really squeezing people's buying power," explained Greg McBride, senior financial analyst at Bankrate.com.

McBride says if consumers go along with the price hikes instead of shifting to other goods and services, prices will only continue to rise.