MIAMI – A pack-a-day smoker in Florida can spend more than than $10,500 in just five years. The Tobacco Free Florida estimate doesn't account for the expenses related to healthcare for the smoker or secondhand smoke.
State health authorities want Floridians who smoke cigarettes to think about the cost of their addiction this week. This year’s theme for Tobacco Free Florida Week, which ends on Saturday, is "The Cost of Smoking."
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The state-funded prevention program follows the U.S. Centers for Disease Control and Prevention recommendations, while offering services like the Tobacco Free Florida's Quit Your Way program, which provides free nicotine replacement therapy.
9 more WalletHub facts to know about the cost of smoking:
1. The total cost over a lifetime per smoker is $1,453,333
2. Analysts estimated the out-of-pocket cost of a pack-a-day smoker in Florida at $103,276 in 51 years. They took into account health care expenditures, income losses and other related costs.
3. The annual health care costs incurred from smoking, divided by the total number of adult smokers in Florida is $163,277.
4. An average eight percent decrease in the median household income for each state $192,625 (Rank: 13th)
5. If a smoker would have used the money spent on smoking on the stock market over the same period, they would have likely made $976,587.
6. The other costs per smoker are $17,569
7. Every year, smokers in the U.S. collectively spend a total of $326 billion
8. Every year smokers in the U.S. collectively spend nearly $170 billion in direct health care costs
9. Every year smokers in the U.S. collectively spend more than $156 billion in lost productivity due to premature death and exposure to secondhand smoke.