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Cost of smoking in U.S. $1.6 million per smoker

Staff writer ▼ | January 19, 2016
WalletHub's analysts calculated the potential monetary losses including the cumulative cost of a cigarette pack per day over several decades, health care expenditures, income losses and other costs.
Smoking
Health and expenses   The potential monetary losses due to smoking
WalletHub estimates the financial cost of smoking in the U.S. to be roughly $1.6 million per smoker over a lifetime.

States with the lowest smoking costs
1 Louisiana
2 Kentucky
3 Missouri
4 West Virginia
5 North Carolina
6 Georgia
7 Tennessee
8 South Carolina
9 Mississippi
10 Alabama

States with the highest smoking costs
42 District of Columbia
43 New Jersey
44 Washington
45 Minnesota
46 Rhode Island
47 Connecticut
48 Hawaii
49 Alaska
50 Massachusetts
51 New York

The out-of-pocket cost per smoker is $115,214 over a lifetime. Smokers in New York will pay two times more than smokers in Missouri.

The financial opportunity cost per smoker is $1,089,471 over a lifetime. Smokers in New York will pay two times more than smokers in Missouri.

Each smoker will incur an average of $220,855 in income loss over a lifetime. Smokers in Mississippi will lose the least, $161,013, which is 2 times less than in Maryland, the state that will lose the most.

Each smoker will incur an average of $164,876 in smoking-related health-care costs over a lifetime. Smokers in Massachusetts will pay two times more than smokers in Kentucky.


 

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