With the economic costs of smoking totaling more than $600 billion per
year, the personal-finance website WalletHub today released its report
on The Real Cost of Smoking by State, to help encourage the estimated 28.3 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 pack of cigarettes 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 District of Columbia (1=Lowest, 25=Avg.):
- Overall rank for District of Columbia: 2nd
- Out-of-Pocket Cost per Smoker – $210,766 (Rank: 2nd)
- Financial-Opportunity Cost per Smoker – $3,754,254 (Rank: 2nd)
- Health-Care Cost per Smoker – $311,356 (Rank: 3rd)
- Income Loss per Smoker – $808,246 (Rank: 1st)
- Total Cost Over Lifetime per Smoker: $5,100,092
- Total Cost per Year per Smoker: $106,252
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