Wed. Feb 28th, 2024
There are an estimated 28.3 million tobacco users in the U.S. with the economic costs of smoking totaling more than $600-billion per year.
But where does Missouri rank in that study put together by the personal finance website WalletHub.com?
Missouri overall came in at #50 in the study actually ranking 51st in out-of-pocket and financial-opportunity costs per smoker. Other rankings for Missouri included 27th in health-care costs per smoker, 39th in income loss per smoker and 16th in other costs per smoker.
Total cost per smoker over a year, according to WalletHub, came in just over $60,000 and more than $2.8 million over a lifetime.
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 Missouri (1=Lowest, 25=Avg.):