A recent WalletHub report highlights New York as the most expensive state for smokers, potentially aiding those who have resolved to quit smoking in 2024. In New York, a pack-a-day smoker incurs an average annual cost of about $4,705, a significant financial burden.
The Centers for Disease Control and Prevention (CDC) reports that approximately 11.5% of U.S. adults smoked cigarettes in 2021. If all 28.3 million of these individuals smoked a pack daily, the total expenditure on cigarettes would reach an astounding $133 billion per year. For New York smokers, a lifetime of smoking could cost about $225,833 in cigarettes alone, nearly a quarter-million dollars spent just on smoking.
However, the financial impact doesn’t stop at the cost of cigarettes. Healthcare expenses related to tobacco use average about $5,733 annually per smoker in New York. Over a lifetime, this adds up to around $275,187 in healthcare costs. Considering cigarette smoking is the leading cause of preventable disease and death in the U.S., these figures underscore the significant impact of smoking on both health and finances. Smokers looking to quit are encouraged to explore methods like nicotine replacement therapy, finding healthy distractions, seeking support, and creating a smoke-free environment.
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