These states have the highest costs due to smoking
With the economic and societal costs of smoking totaling more than $300 billion a year and rising, the personal-finance website WalletHub today released its report on The Real Cost of Smoking by State as well as accompanying videos.
WalletHub calculated the potential monetary losses — including the lifetime and annual costs of a cigarette pack per day, health care expenditures, income losses and other costs — brought on by smoking and exposure to secondhand smoke.
Costs Over a Lifetime
States with the Highest Smoking Costs
47. Rhode Island
49. District of Columbia
50. New York
- The estimated financial cost of smoking over a lifetime is just above $1.9 million per smoker.
- The out-of-pocket cost per smoker is $123,308 over a lifetime. Smokers in New York will pay the highest cost, $194,899, which is 2.3 times higher than in Missouri, where smokers will pay the lowest cost at $86,001.
- Each smoker will incur an average of $237,605 in income loss over a lifetime. Smokers in Maryland will lose the highest amount, $321,977, which is 1.9 times higher than in Mississippi, where smokers will lose the lowest amount at $171,397.
- Each smoker will incur an average of $172,801 in smoking-related health-care costs over a lifetime. Smokers in Connecticut will pay the highest amount, $289,154, which is 2.5 times higher than in Kentucky, where smokers will pay the lowest amount at $117,094.
To view the full report and your state or the District’s rank, please visit: https://wallethub.com/edu/the-financial-cost-of-smoking-by-state/9520/