Tag Archives: costs of smoking cigarettes

What are You Really Spending on Smoking?

E-cigarettesSmoking will cost you, it’s not a cheap habit in any sense. Have you ever really considered all the ways smoking takes a toll on your bank account? I’m not just talking about the obvious continuous flow of cash that goes towards the actual cigarette packs, but also all the indirect expenses that get created as a result, and cause a hit just as well.

Don’t get me wrong, with cigarettes costing anywhere from $6 to $12 per pack, it’s an incredibly expensive habit to keep up. The average price being $7 per pack, the average yearly cost comes out to $2,550 for a pack a day smoker! If you’re thinking about alternatives, e-cigarettes save money in more ways than one, and should definitely be your motivation if you want better options.

Here is a look at the hidden expenses that come with being a smoker. While these may seem small or insignificant in the short term, they most certainly add up, and can have a greater effect on your life down the road, so plan accordingly and you could save yourself some serious money in the long run.

Life Insurance: Smokers pay more for life insurance due to having a shorter life expectancy. These policies can be as much as double the cost for nonsmokers, and sometimes costing as much as thousands more yearly.

Healthcare: Smokers typically experience more illness, and more frequently than nonsmokers, so their expenses on healthcare tend to be higher.

Medications: More illness means more medication, and drugs are usually very costly.

Dental Care: Cigarettes can cause a wide range of dental problems, incurring thousands of dollars in dental visits and treatments.

Car Insurance: Smokers are considered higher risk for insuring due to statistics showing they get into more accidents than nonsmokers. Perhaps it has to do with being more distracted and having their attention split between driving and smoking, however it does come out as an added expense.

Decline in Home Value: Smoking inside of your home can cause slowly accumulating damage, which can result in a lower value of your home if you do not consistently maintain things such as the flooring, window coverings, paint, ensuring odors do not remain, and that there is no fire damage. If you smoke in your home and are looking to sell it, updating all of these features can cost thousands of dollars.

Lower Resale Value for Cars: No matter what, the value of vehicles depreciate, and smokers have a greater chance of losing more money in this regard. Smoke odors can linger permanently in the interior, and cigarettes are known culprits of burnt seats and stained upholstery.

Impact on Retirement: Lower pension and Social Security benefits are expected for smokers, who statistically work less than nonsmokers.

The bottom line is, if you are smoking cigarettes and want to save money, you aren’t doing yourself any favors. Electronic cigarettes can help you save a great deal of money and avoid all of the long term expenses that come from tobacco and smoke. In addition to costing less overall, EverSmoke offers the amazing benefit of the Home Delivery Program, which saves customers an additional 20% off their refill cartridges.

Why continue spending thousands when you could be saving?

The True Costs Of Smoking

r969No one will deny how expensive cigarette smoking is, however those costs extend way beyond just the pack a day habit. Which, don’t get me wrong, is not a lowly expense, however the true cost of smoking tobacco cigarettes covers a lot of areas of your life, and can cost you more money than you’d ever imagined when you first picked up the habit. If you’re spending $7 daily on a pack of cigarettes, that comes out to more than $2000 every year, for starters, and that doesn’t include additional costs such as lighters that are needed to maintain the habit.

Other expenses, such as health insurance, life insurance, and healthcare can increase drastically when you are a smoker. It is estimated that 30 year old smokers pay somewhere between 16 and 41% more for health insurance premiums than their nonsmoking counterparts do. Life insurance premiums are also much higher for smokers, as much as 50% more due to the fact that smokers are not expected to live as long as nonsmokers, therefore making their yearly costs considerably higher.

When it comes to illnesses, smokers are also statistically more inclined to spend more money due to the increased frequency. And this leads into the money spent on medications, because with increased illness comes increased need for medication. Another area of healthcare that smokers spend more on is dental care, because cigarettes can cause much damage to the teeth, and treatments necessary to maintain optimal dental health.

Property value may not come to mind as an area that gets subjected to depreciation due to smoking, however it certainly can. Both home and vehicle value can be reduced due to the effects of smoking, and the costs to maintain the original condition can be costly as well. In the home, smoke can leave behind a permanent odor in carpets, walls, and window treatments, rendering the property musty, in addition to staining surfaces that will need repair and replacing. In vehicles, both the odor and damages from cigarette burns can cause the value to decrease.

As you can see, smoking is a very costly habit. While it starts off as a minor expense, over time the costs exacerbate, and they can take a toll in many areas of your life. Simply switching to electronic smoking can help reduce many of these costs, as well as lead you on the right track to a better quality of life. Money isn’t everything, but your health is, and there is a direct correlation between the negative effects of cigarettes on it and how much you spend.