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Posts Tagged ‘smoking habits’

Working the Smoking Math – How Much Does it Cost?

by Amber Eamen

A good reason that might just make you attempt to quit smoking is when you check your total budget. Sometimes simply trying to quit to improve your health may not just be a strong push for you. You have to open your mind to be able to see how much does smoking really costs you each year. This can become even more expensive when you have to shell out a great amount for health care because smoking related complications come out. However, at the minimum, smoking will cost you the price of the cigarettes themselves.

If you have taken the time to do mental calculations of how much smoking have cost you, you would surely find it rather a noticeable amount. Prices are steadily rising, and that includes the price of cigarettes. A big reason for this is that many states as well as the federal government imposed an awfully high amount of taxes for cigarettes to offset the ill effects that cigarettes brought to health. On average, a pack of cigarette is sold at $5 all over the country. If your habit of smoking makes you consume a single pack per day then it would add up to seven packs a week.

You might have the impression that it really does not cost that much. But if you think of spending $35 on cigarettes, you might just be surprised how it has added up so quickly. Imagine in a single week you are burning your 35 hard-earned dollars! For a lot of people, this already translates to a tank of gas, a movie date, or a brand new outfit if you are a smart shopper. Or you can see your account deposit getting bigger and bigger, rather than have it burn to ashes.

Though $35 may be such a big amount, this might just be a measly price to pay for a hobby that many find immensely enjoyable. If we take the days of the month, 30 days on average, and each day you are smoking $5 per pack then in a month you have spent approximately $150. This is rather a big cut to your budget which could have gone to other expenses such as gas bills, power bills, water bills, phone bills, or even an occasional night out of town.

If you are interested to see how much smoking is costing you the whole year round, consider that each year you are consuming 365 packs of cigarettes. Multiply each pack by 20 sticks and you are inhaling 7,300 cigarettes each year which comes at a staggering $1,825! Talk about extravagantly spending money just for smoking! Do not forget though that we are only computing the cost for a single pack a day habit, and assuming too that it is only $5 dollars that you spent per pack. Many states have much higher prices, while other states may have a little bit lower. If you make a double pack consumption per day then you are spending $3,650 and smoking 14,600 sticks per year.

Adding up the price of cigarettes that you smoke for a year is shocking. If you make an approximation of spending 5 years of smoking and not thinking of quitting at the moment, then you are looking at a huge amount of $9,125 for a single pack a day consumption and an astonishing $18,250 for a 2 pack a day habit. The amount of money that you could have kept from refraining to smoke is certainly immense.

If the idea of stopping smoking for improved health is still not a very strong motivation, the cost of smoking each year may be. Prices of cigarettes keep on increasing and the escalating cost of living just make it doubly hard for families to live within their budget. Saving money, in whatever way possible is a big help to the family. Even the costly price of stop smoking aids is still least as compared to the cost of continuing the habit.

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