fbpx
Connect with us

News

Study: Smoking Costs the Average SC Smoker $1.7 million+ Over a Lifetime

Published

on

Personal finance website WalletHub last week released its report on “The Real Cost of Smoking by State” and they estimated that South Carolina smokers spend over $1,775,882  over their lifetime. This is an increase of $525,995 from last year’s study.

To encourage the estimated 34.2 million tobacco users in the U.S. to kick this dangerous habit, 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.

The Financial Cost of Smoking in South Carolina (1=Lowest, 25=Avg.):

  • Out-of-Pocket Cost per Smoker – $94,958 (Rank: 7th)
  • Financial-Opportunity Cost per Smoker – $1,058,666 (Rank: 7th)
  • Health-Care Cost per Smoker – $124,602 (Rank: 10th)
  • Income Loss per Smoker – $485,801 (Rank: 10th)
  • Other Costs per Smoker – $11,855 (Rank: 26th)
  • Total Cost Over Lifetime per Smoker: $1,775,882
  • Total Cost per Year per Smoker: $36,998

To see the full report, click here.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow Us

Subscribe to HCS

Patreon

Ads

CHS Tour
CMH
T99
PourHouse
Nchas
Terrace
Forte
Patriots
HomageOSU
HomagePop
Brookgreen

HCS Sponsors

SCParks
River
WATheatre
Rocky Horror
FoodBank
Brookgreen

Ads

CHS Tour
CMH
T99
PourHouse
Nchas
Terrace
Forte
Patriots
HomageOSU
HomagePop
Brookgreen

Events

Trending

Holy City Sinner