Alongside the serious health problems it causes, smoking can also burn a sizeable hold in your wallet. Tobacco use contributes to nearly half a million deaths in the U.S. every year and its economic and societal costs are over $300 billion annually.
A recent WalletHub study set out to find out how much smoking costs people in the U.S. over the course of their lifetimes. The research was based on the cost of a pack of cigarettes per day, health care expenditure and income losses and other costs due to the habit.
It found that Connecticut has the highest annual cost for a smoker at $55,973 each year. New York comes second with $55,911 while D.C. is in third place at $55,167. Shockingly, smoking a pack a day in Connecticut will cost a heavy smoker there a whopping $2.8 million through direct and associated costs in his or her liftetime.
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