Price Rises for Trader Joe's "Two-Buck Chuck"

For the first time since its release more than a decade ago, Trader Joe's award-winning Charles Shaw wine -- affectionately known as "two-buck Chuck" -- will cost more than $2 at California stores.

Californians will now have to spend to $2.49 for a 750ml bottle.

The Golden State was the last remaining holdout to sell the wine for $1.99. The vino's price tag ranges from state to state, with Ohioans paying the most at $3.79.

More than five million bottles of the wine are sold each year.