How much money will you save by switching to vaping?

Posted by DrMendelsohn on 19 February, 2017

Vaping is at least 95% less harmful than smoking but it is also cheaper. But how much cheaper is it? How much will you save in one year if you switch to vaping?

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The cost of smoking

At one dollar per stick, a pack-a-day smoker (say 20 cigarettes) spends $7,300 per year. Tobacco taxes are increasing every year by 12.5%, so this cost will continue to rise rapidly.

The cost of vaping

The cost of vaping depends on the which e-cigarette model you use and how heavily you vape.  Here are some average costs for purchasing device and buying nicotine e-juice legally in Australia.

  • The e-cigarette. Most people start with a simple, refillable second generation device such as the Joyetech eGo AIO which costs $30. Another popular starting model is the Innokin Endura T18 which retails for about $35-40. It is best to have two devices with one as a backup. Cost: $60-$80
      
  • E-cigarettes have a ‘coil’ or heating element which heats the nicotine solution into a vapour. Coils need changing every 2 weeks or so. Cost $2-3 x 26 = $78 per year.
      
  • Nicotine e-juice. This can be purchased legally online from Nicopharm in Australia. It can also be purchased from overseas websites for a similar price, but the quality is not guaranteed and you will need a prescription from your doctor. The cost of e-juice from the Australian site is $20 per 30 ml bottle. The typical vaper uses about 4ml e-juice per day = 1,460 ml per year = 50 bottles per year.
    Total cost of e-juice $1,000 per year.

Total cost of vaping: $1,150 per year

 

The difference?

The cost saving is $6,150 per year on today's prices for a 20 pack-a-day smoker.

Vapers who mix their own e-juice save a lot more, but there are inherent risks in that and I don't generally recommend it.

So, vaping is at least 85% less expensive than smoking and 95% safer. You will be richer and healthier if you make the switch to vaping. To me, that’s a no brainer!

 

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