How Much Can Vaping Save You?
Millions of Americans take the plunge each year and switch from smoking to vaping, which is an intelligent choice from a financial point of view. Some smokers don’t make the move from traditional tobacco because they see the price of e-cigarettes and believe it will cost them a lot more in the long-run. In fact, e-cigs are a much cheaper alternative to regular cigarettes and promise significant savings for those who give us smoking in favor of vaping. Read on to find out exactly how much you can expect to save…
The Price of Cigarettes
Taxing cigarettes is an individual state’s responsibility which means there is a lot of price fluctuation throughout the country.
In comparison, Kentucky has the lowest state tax, making cigarettes significantly cheaper at just under $5 a packet. There is no formal average price calculator but it would equate to an approximate $9 based on the highest and lowest prices across the country.
Let’s say an average smoker consumes a pack a day which based on the average price, calls for a $63 per week budget. That’s the equivalent of 252 per month or, just over $3000 per year. Over just five years smoking will cost almost the same as a brand new Fiat 500c.
The setup cost of an e-cigarette is often the biggest hurdle for most smokers looking to make the switch. In truth, you just need to decide how much you’re willing to spend on a device. You can pick up a simple eGo style e-cigarette for the same price as a packet of cigarettes in New York, so there is no need to spend a huge amount initially.
Slightly more luxurious models which come with more coils and a USB wall charger can be purchased for around $40. If you want to go even more high tech, box mods start in the region of $50 and can go into the hundreds of dollars. A good quality starter kit with temperature control and a tank included will cost in the region of $70. Buying this is the first step toward switching to e-cigarettes.
Of course, unlike analogues an e-cigarette isn’t single use and some of the parts will need replacing. You may need to buy a replacement tank but normally just switching coils is enough. Replacement tanks cost around $20, while a pack of coils will cost about $10. Coils need replacing every few weeks, which means a pack will last you a good six months.
In addition to replacement parts, you will also need to buy e-liquid. The Black Note range is all natural and high quality. A 30ml bottle is $29. There are cheaper e-liquids available but the flavor and quality is nowhere near the same. Some smokers will baulk at this price but that is without realizing how little liquid is used per vape.
Just like the number of cigarettes people smoke, the amount of e-liquid used can vary wildly. Most users report between two and six milliliters per day. This means the average vaper will use a bottle a week, which would cost around $120 a month. Cheaper e-liquids would be around $90. However as with most things, if you buy in bulk you’ll get better value for money.
As we already demonstrated, a year of smoking will cost slightly over $3000. In comparison, a vaper spending $70 on a good quality box, $40 for replacement coils and stocking up on a good quality e-liquid should expect to spend just $1400 a year. This is a $1500 saving per annum – making e-cigs 50% cheaper than traditional cigarettes with no compromise on quality.
What will you use the money for? Share your savings in the comments and on our social media pages.
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