How Much Do New Jersey Smokers Spend On Cigarettes Annually?

Did you know you could put over $3,000 in your pocket without doing anything? That’s right, you don’t have to work at all, but you will have close to $3,123 by the end of the year.

Get our free mobile app

What is this all about? It’s simple: to save over $30,000 in the next 10 years, you just have to quit smoking. It’s hard to quit, but it’s worth it, literally.

New analysis by iSelect reveals that smokers in New Jersey are spending $3,123 a year on cigarettes. With the average price per pack at $11.41

New Jersey Key Data:

Total smokers: 914,841
Average price per pack: $11.41
Average cost per smoker per year: $3,123
Total spent by smokers annually: $250,437,724

According to CDC (Centers for Disease Control) data, in the United States, smoking is less common than it used to be, but it still affects a lot of people. Roughly 30 million adults still smoke cigarettes, which is about 1 in 9 adults.

Altogether, Americans spend tens of billions of dollars every year buying cigarettes and other tobacco products, with the average regular smoker shelling out a few thousand dollars annually just to maintain the habit.

Beyond what smokers pay themselves, smoking also costs the country hundreds of billions more each year in health care expenses and lost productivity.

New Jersey Stress Levels

I never smoked when I was young. I was into sports and just never wanted to smoke. I did, however, pick up the habit when I was older, in College, and then when I started working. It wasn’t for so long, but I eventually quit and haven’t smoked in years, but I know when they say all you have to do is quit and save money, it’s hard. So, try as hard as you can, and you will be healthier and save $3,123 this year to start.

LOOK: Here are 25 ways you could start saving money today

These money-saving tips—from finding discounts to simple changes to your daily habits—can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]

Gallery Credit: Bethany Adams