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ciphergoth comments on Shut Up and Divide? - Less Wrong
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I'll try and find the sources I was linked to when I asked my friends about this, but the conclusion was that saving a life costs much more than I had thought: it's around $500 per life. Of course the utility of SingInst donations weren't factored into that, I shan't speculate on the per-life cost of donations there...
EDIT: it was indeed GiveWell - thanks gregconen!
Givewell pegs VillageReach at $545 (Look under "what you get for your dollar"). That charities own numbers put it at $200.
So it's not quite one per latte, but most people could save a few.