Midtown Oyster Bar

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.

To encourage the estimated 36.5 million tobacco users in the U.S. to kick the 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 Rhode Island (1=Lowest, 25=Avg.)

  • Out-of-Pocket Cost per Smoker – $174,981 (Rank: 50th)
  • Financial-Opportunity Cost per Smoker – $1,469,918 (Rank: 50th)
  • Health-Care Cost per Smoker – $269,173 (Rank: 49th)
  • Income Loss per Smoker – $238,219 (Rank: 32nd)
  • Other Costs per Smoker – $15,154 (Rank: 45th)
  • Total Cost Over Lifetime per Smoker: $2,167,445
  • Total Cost per Year per Smoker: $42,499

Sign up for What’s Up Newp’s free newsletter
and join the thousands who wake up with us daily.

 

Costs Over A Lifetime Across The Country

Source: WalletHub

For the full report, visit:https://wallethub.com/edu/the-financial-cost-of-smoking-by-state/9520/

Have a thought on this? Comment below...

Thanks for visiting, What’s Up Newp

Become A Supporter | Post An Event Subscribe To Receive Our Free Newsletter

What’sUpNewp Partners & Sponsors

We’re proud to work with some of the best businesses in and around Newport. Please consider supporting the following businesses, they make what we do possible.

Bit Players | Brick Alley Pub | BRS Building Company | California East

Chris Electric | Diego’s Newport | Diego’s Bodega Cantina | Duris Studios 

Gurney’s Newport Resort & Marina | Hotel Viking | J2 Construct | Jane Pickens Theater 

Newport Marriott | Midtown Oyster Bar | Newport Art Museum | Newport Vineyards 

Ragged Island Brewing | Style Newport | Surf Club | Wharf Pub

Advertise With Us