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.