STUDY: Smoking Costs Average Hawai‘i User $2.5 MillionJanuary 12, 2019, 9:00 AM HST (Updated January 12, 2019, 7:38 AM)
Conducted by the personal finance website WalletHub, the Real Cost of Smoking by State ranked Hawai‘i 47th in the nation for one of the highest income losses associated with smoking—$305,686 over a lifetime. On average, smoking costs Hawai‘i users $48,867 a year, according to the report.
The study incorporated factors like out-of-pocket costs for buying cigarettes, healthcare expenses, income losses and other expenses associated with the habit.
The study also reported the following rankings for Hawai‘i (1=lowest, 25=average):
- Out-of-Pocket Cost per Smoker – $165,301 (Rank: 44th)
- Financial-Opportunity Cost per Smoker – $1,819,149 (Rank: 44th)
- Health-Care Cost per Smoker – $188,119 (Rank: 35th)
- Other Costs per Smoker – $13,962 (Rank: 36th)
Ranking for Average Cost of Smoking by State