The Cost of Smoking: All Dollars and No Sense

There are many arguments in favor of quitting smoking. Some focus on health concerns, complete with pictures of desiccated lungs and gobs of arterial plaque. Some arguments appeal to vanity, describing how smokers’ teeth and fingers turn yellow and their skin ages prematurely. Others appeal to posterity, featuring children orphaned by smoking-related diseases. Smoking is the number one cause of preventable death in the U.S. and although rates have fallen a bit in recent years, the Centers for Disease Control estimates that about 23 percent of adults between ages twenty-five and forty-four still smoke. Apparently, appeals to our sense of self-preservation and vanity just aren’t enough. 

One of the problems with the usual arguments is that some people find it hard to imagine consequences that won’t take effect for twenty, thirty, or forty years. But there’s one effect of smoking that everyone can feel immediately, and that’s the direct cost: not just what it costs the country or health insurance companies, but rather smoking’s very real—and very hefty—impact on people’s pocketbooks. 

Cigarettes: Bad for Your Body, Bad for Your Budget
As of November 2009, the average cost of a pack of cigarettes was $5.15, according to Tobacco Free Kids. That cost varies throughout the country, depending on local and state excise taxes. On top of the manufacturer’s cost, federal taxes are now $1.01 per pack and states add their own stiff tariffs to incentivize people to kick the habit. Currently, Rhode Island leads the nation with a $3.46 state tax on cigarettes, followed closely by Connecticut, which levies $3.00 per pack. New York City, however, assesses the highest total taxes on cigarettes, with a combined city, state, and federal tax rate of $5.26. That drives up the cost of a pack of smokes in the Big Apple to over $10. 

Even for smokers in average-cost areas, $5.15 daily adds up quickly. What could you do with that extra five bucks in your pocket each day? 
 
In one week, a smoker could save about $36, enough to go on a movie date, eat out for lunch every workday, pay a weekly health insurance premium, get a manicure and pedicure, or buy a tank of gas for a small- to medium-size car. 

13 readers liked this story.
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Hi, that's a good article. You can probably guess by my profile name that I am a stop smoking therapist. I decided I wanted to help people to quit cigarettes after I gave up for good and never looked back! My health improved no end. But what really gave me incentive and confidence was saving the money I would otherwise have spent on my habit. In two and half years I have saved a massive £7,500. In US dollars that's $12500. I haven't decided what or when to spend the money. For the time being I am just happy knowing the money is not going up in smoke!
11.20.2009
Wynne
Many moons ago when I was in high school a teacher asked each student who smoked why they did so. One girl behind me answered "because I don't know what to do with my hands"! I always wanted to be different so I never smoked, thankfully. However, it is amazing, I still remember her name and I would recognize her today (if she still lives)! I am in my seventies, often taken for my fifties. I attribute much of this to not smoking. wynne
Forwarding this immediately to my boyfriend. Think of all the money he spends on cigarettes that he could be spending on me!
11.19.2009
Harriet M
This is great information! I'm sending this to all my smoker friends who complain about being out of money. Hooray for the Great American Smokeout!
I know someone who's perpetually broke, yet manages to find money for a pack-a-day habit. I can't believe how much people are willing to spend on something so deadly.
It feels good to write.

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