Switching to vapor cigarettes could help you save money especially in high-tax-states
Not only does vaping with smokeless cigarettes allow you the freedom to get the nicotine your body craves in the comfort of the indoors (rather than being forced to brave the elements), they can also help to save you some money.
The cost of a pack of tobacco cigarettes (along with the taxes on them) continues to rise. However, governments at the state and federal level are increasingly looking to raise the taxes on vapor cigarettes and their accessories.
Nevertheless, you can save money over time since most smokeless cigarette cartridges equal roughly 1.5-2 packs of traditional cigarettes. This means that everyone’s individual savings will be different depending on which state you live in, the taxes that they place on tobacco cigarettes and of course how much you end up using the vapor cig device..
Electronic Vs. Tobacco Cost Breakdown
According to the Federation of Tax Administrators, a pack of cigarettes costs around $6.15 on average. Therefore, a pack-a-day smoker is likely to spend around $1,500/year in a low-tax-state—and as much as $5,000 in a high-tax-state like New York where a pack can average $13. This makes price tag for the average smoker around $2,250/year.
Most brands of disposable vapor cigarette cartridges are equivalent of roughly 1.5 to 2 packs of tobacco cigarettes and cost between $6 and $10 apiece. This means that yearly, smokeless ceigarettes will set you back roughly $1,100 to 1,800. Depending on whether you like in a low-or high-tax state, you could stand to save several hundred dollars a year.
The first consideration for someone looking to switch is whether to buy a disposable smokeless cig, or to buy a starter kit. Although starter kits have a bigger up-front investment, they offer the biggest savings in the long run.
Most disposable vapor cigarettes say they’re equivalent to about 2 packs of cigarettes and cost $6 to $10 apiece, meaning they’d cost about $1,100 to $1,800 a year, for savings of several hundred dollars a year. Savings for using a starter kit are much higher.
States Getting in the Way
Unfortunately, these savings may not last forever. While most vapers pay some sort of sales taxes, states like Minnesota and North Carolina are now placing additional taxes vapor cigarettes and liquid nicotine and other states are considering such taxes. In addition, restrictions proposed by the FDA in April may also push these costs even higher.
For more information on e-cigarette taxing, please continue reading on our blog.
However, there is always a chance that heavy competition amongst smokeless cigarette sellers could push prices lower. The prices could be driven down even further as big tobacco makers try to get into the vapor cigarette business.
Eversmoke is one of the most popular smokeless cigarette brands on the market. Besides visit our main site for the best selection, you can also browse our blog and knowledge center to learn more general information about vapor smoking and cigarettes.