THE COST OF SMOKING IN THE STATE OF TEXAS!

smoking

With Tobacco-Free Awareness Week reminding us of the societal and economic costs of smoking, which total more than $320 billion a year and rising, the personal finance website WalletHub today released its report on The True Cost of Smoking by State.

To encourage the more than 66 million tobacco users in the U.S. to kick the dangerous habit, WalletHub’s analysts calculated the potential monetary losses — including the cumulative cost of a cigarette pack per day over several decades, health care expenditures, income losses and other costs — brought on by smoking and exposure to secondhand smoke.

The Financial Cost of Smoking in Texas (1=Lowest, 25=Avg.):
• Out-of-Pocket Cost per Smoker – $107,278 (Rank: 26th)
• Financial Opportunity Cost per Smoker – $1,014,432 (Rank: 26th)
• Health-Care Cost per Smoker – $163,066 (Rank: 30th)
• Income Loss per Smoker – $214,510 (Rank: 27th)
• Other Costs per Smoker – $16,671 (Rank: 50th)
• Total Cost Over a Lifetime per Smoker: $1,515,958
For the full report, please visit:
https://wallethub.com/edu/the-financial-cost-of-smoking-by-state/9520/

1 comment

  1. Digger O'Dell January 21, 2016 1:02 am 

    I have been smoking menthol cigarettes since I was 14. (1969) and I am 60 now and I do not have any problems with my lungs or anything else caused by smoking or second hand smoke. Also I do not believe ANYONE is ever hurt by second hand smoke unless they are in a closed smoking room. Cig smoke rises and dissipates if done outside.

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