Texas smokers may spend up $72,000 per year on cigarettes!
Wallet Hub Analyst, Cassie Happe, says that while inflation might have an influence on that number, people may want to consider quitting.
“Texas came in twenty seventh overall in the study,” she said. “Which is about middle of the pack as far as the costs go.”
The most expensive state to be a smoker in is New York City, who came in at $108,097 per year.
Below is the full portion of the Texas study done by Wallet Hub. To view the full report, visit https://wallethub.com/edu/the-financial-cost-of-smoking-by-state/9520
The Financial Cost of Smoking in Texas (1=Lowest, 25=Avg.):
Overall rank for Texas: 27th
Out-of-Pocket Cost per Smoker – $143,664 (Rank: 27th)
Financial-Opportunity Cost per Smoker – $2,559,009 (Rank: 27th)
Health-Care Cost per Smoker – $168,209 (Rank: 32nd)
Income Loss per Smoker – $581,653 (Rank: 24th)
Other Costs per Smoker – $18,731 (Rank: 49th)
Total Cost Over Lifetime per Smoker: $3,471,267
Total Cost per Year per Smoker: $72,318
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