LAS VEGAS (KTNV) — WalletHub has released the results of a study that reveals the real cost of smoking by state. Nevada was ranked No. 25.
According to the study, the estimated financial cost of smoking over a lifetime is just above $1.9 million per smoker.
Other findings:
The out-of-pocket cost per smoker is $123,308 over a lifetime. Smokers in New York will pay the highest cost, $194,899, which is 2.3 times higher than in Missouri, where smokers will pay the lowest cost at $86,001.
Each smoker will incur an average of $237,605 in income loss over a lifetime. Smokers in Maryland will lose the highest amount, $321,977, which is 1.9 times higher than in Mississippi, where smokers will lose the lowest amount at $171,397.
Each smoker will incur an average of $172,801 in smoking-related health-care costs over a lifetime. Smokers in Connecticut will pay the highest amount, $289,154, which is 2.5 times higher than in Kentucky, where smokers will pay the lowest amount at $117,094.
The lifetime cost for a smoker in Nevada is $1,791,700 and the average out-of-pocket cost is $117,833.
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