The Cost of Smoking vs Vaping

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The Cost of Smoking vs Vaping

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Vaping is a cheaper, healthier, and more enjoyable alternative to smoking. Find out how much you can save by switching smoking to vaping in this article. – PowerPoint PPT presentation

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Title: The Cost of Smoking vs Vaping


1
The Cost of Smoking vs Vaping
wotofo.com/blogs/quit-smoking/cost-of-smoking-vs-v
aping
If youre a smoker and want to quit, at least one
of these three reasons is contributing to your
exit. Firstly, its scientifically proven that
smoking is harmful to your health. It causes
deadly diseases such as lung cancer, heart
diseases, diabetes, and chronic obstructive
pulmonary disease (COPD) among others. Secondly,
you want to protect those around you family,
workmates, people you travel with, et al. from
the effects of passive smoking, particularly kids
and pregnant women. Lastly, smoking is draining
your pockets, you want to save money. Vaping is
one of the best strategies to quit combustible
cigarettes for good and never face a
relapse. Although the initial financial figures
may appear overwhelmingly high considering all
the various parts you need to buy to replace
regular cigarettes, the bottom line is that, in
the long-term, consumption of vapes is way
cheaper than smoking. The cost of vaping versus
smoking is a hotly debated topic all over the
world, the commonest subject being which one is
cheaper than the other one. If youre intending
to switch from regular cigarettes to electronic
cigarettes, you probably desire to compare the
costs between vaping and smoking. Which one is
cheaper? The straight answer is that vapes would
save you approximately 90 if youre to consume
a whole pack of regular cigarettes a day. This
sounds juicy, right? But some factors might
overturn this estimate, and sometimes make vaping
more expensive than smoking.
2
These factors include the price of vape juice,
your rate of consumption, and the cost of the
e-cigarette you purchase. Lets briefly go
through each point and find how they determine
the cost of vape consumption. Type/cost of vape
Vaping devices are generally referred to as vapes
or electronic cigarettes (e-cigarettes, e-cigs).
These vapes come in a variety of types and costs.
Some of the most common types include cig-a-like
vapes, pod mods, vape pens, and b ox mods.
Traditionally, the initial cost of purchasing a
vape is higher compared to a pack of combustible
cigarettes. So, you must make your initial
purchase as an investment. Cost of vape juice
vape juice, also referred to as vape flavor,
e-liquid, or e-juice contains four major
ingredients propylene glycol (PG), vegetable
glycerin (VG), Flavorings, and Nicotine. Besides,
there are two main types of vape juices regular
(freebase nicotine) vape juice and n icotine
salts(nic salts) vape juice. On average, the
cost of vape juice majorly depends on the quality
and the size of the bottle. Average vape juice
consumption a day your monthly vaping costs will
significantly depend on your daily consumption
of vape flavor. Besides, your consumption will
affect how often youll purchase e-juice and how
much youll spend to maintain your vaping device
in good condition. For example, the more you
vape, the more youll have to spend to purchase
dead batteries or spoilt coils. However, despite
its immense benefits as a substitute for smoking,
the consumption of vape juice is still perceived
as costly. But you should ask yourself how much
you spend by picking up a vape. Does it cost
you more than when picking a pack of a regular
cigarette while making the initial cost? In this
post, well explore the main differences weekly,
monthly, and yearly to our wallets. Besides,
well mention the cost of vaping vs. smoking on
different counts, and the financial impact on
the health system and the worlds
economy. Whats the cost of a vape?
3
Vapes, whether sold as a complete unit with all
components in place or individually in sections
to restore/replace worn-out parts vary in price.
These variations are caused by factors such as
type of brand/manufacturer, taste/desire of the
vaper, the demand of the product, and the
quality of the device. If youre a newbie, check
a brief rundown of what you should expect from
various types of vapes. Starter All-In-One (AIO)
kit this comes with a battery, heater (coil),
and vape juice reservoir or tank (pre-filled or
empty). P od kit its compact and slightly
broader but shorter than an AIO kit. The device
comes with an empty tank for vapers to refill
themselves. Vape mod this is a modern vaping
device with several technical features to
customize your vaping experience. It allows the
adjustment of different parameters such as
wattage, voltage, airflow, and temperature to
give you your preferred vape experience. Tanks
in these kits are attached and also sold
individually should they require
replacement. When you switch from combustible
cigarettes to vapes, youve to spend more upfront
to purchase the gear, especially if you have
never used e-cigarettes before. That said,
vaping is not less costly in hindsight compared
to a single pack of regular cigarettes comparing
the overall cost of a vape. Nevertheless, there
are less-costly and beginner-friendly vapes, so
albeit the price of vapes being a little bit
higher than a cigarette pack, to begin with, over
time, you will find your savings piling up!
Also, you need to consider the health gains
youll be getting from vaping and factor in the
long-term costs to appreciate the full impact of
using vapes instead of a combustible cigarette.
4
As a newbie, you can easily acquire a quality
Wotofo d isposable vape pen and O FRF N EXMINI
Pod or a starter kit for less than 30. Besides,
our vapes come with starter vape juices and a
few cartridges to get you started. Also, they can
last you two to three weeks depending on your
thirst for nicotine. If you're in the game for
some time, probably youre seeking to invest more
dollars upfront. You can choose a modern vape
mod for not more than 60 such as W otofo M anik
Pod Mod, Profile Squonk Mod, Mdura Mini Mod, and
Mdura Pro Mod among others. Dont forget to buy
quality vape juices to match these
beasts. What are the refilling prices? You may
as well opt to pick up some components on a
semi-regular basis. For vaping experts who are
using advanced vape mods and sub-ohm tanks,
theyll be required to change the coils
regularly, one average, twice a month, although
this varies depending on the frequency of their
consumption and the quality of the vape
(brand/manufacturer). Vape coils can cost up to
15 depending on the vaping design its meant
for, the number of pieces per pack, and the
brand. For instance, Wotofo provides a wide
variety of vape coils in different designs,
shapes and fabricated from high-quality
material. Examples include nexMINI Subtank Coil,
nexMESH Pro Tank Coil 3pcs, nexMESH Mesh Coil,
Manik Pod Coil 5pcs, Wotofo Flow Pro Coil 5pcs,
et al. More importantly, the lifetime of the
coil depends on how prudent you maintain them by
priming and keeping them in good condition. At
some point, you may be required to replace old or
faulty batteries. On average, smaller and less
expensive vape batteries can last for three
months while the advanced and quality models can
last for even 18 months. These batteries can cost
anywhere between 10 and 20. So, for
impartiality, we can say 15 after every six
months. Regarding the amount of vape juice, an
average vaper consumes 10 ml of vape juice
a week, which translates to barely 10 for good
quality e-juice. Thats roughly 520 per year
spent on vape juices and a mere fraction of the
overall cost of smoking! Even for heavy vapers
who spend twice or thrice on vape juices, their
expenditure will be way lower than what smokers
spent on a combustible cigarette. Cost
breakdown In the long run, your costs for vaping
will plummet compared to some other person
smoking. And just like smoking, your spending
will change depending on your favorite brands
and how often you consume their products. Some
cheap brands offer vape juices for as little as
1. Nevertheless, when it comes to money matters,
you will certainly get what you pay for. That
said, youll be far better off if you decide to
spend a bit more on quality products and avoid
returning to the conventional smoking habit.
5
Increasing the cost of tobacco-laced products
through heavy taxation is an effective measure
for governments to reduce the consumption of
tobacco. Economic studies led by the World Bank
found that for every 10 percent rise in tobacco
prices, the consumption declines by
approximately 4 percent in developed economies
and 8 percent in middle and developing
economies. From the surveys, high tobacco prices
have the greatest impact on people having low
disposable income. With the increased taxation on
tobacco products, the price of cigarettes
increases and so is the overall consumption. The
latest statistics show that an average smoker
goes through 14 sticks of cigarette a day, which
creates not only a menacing habit but also drains
your pocket. For instance, in the UK, the price
per packet of cigarettes is currently rated as
the highest in Europe. This is after the latest
budget announcement that highlighted a rise of
0.88 for the most expensive pack from
approximately 12.80 to approximately 13.60 per
packet. Under the new rates, rolling tobacco was
also increased by 88 pence to 9.02. Also, duty
rates associated with tobacco were raised by
retail price index (RPI) plus 6 percent. Now,
its said an average smoker in the UK consumes 11
cigarettes per day, thats four packs of
cigarettes and just over 50 a week. Thats quite
expensive when the same math is compared with
the cost of consuming vape juice. Cost of
smoking vs. vaping to the worlds economy
Despite the tremendous rise in popularity of
vapes and healthier ways of nicotine
consumption, the costs of smoking to the globe
are still high with an estimate of 1.3 smokers.
In the United Kingdom, the cost of smoking to the
National Health Service
6
(NHS) in 2015 was a whopping 2.6 billion. A
ccording to the latest study conducted in 2019,
the figure dropped to 2.5 billion, which is
still dangerously high as the world is rushing
to be smoke-free by 2030. With the recent
Tobacco Control Plan, which intends to adopt
safer ways of consuming tobacco, there is indeed
much work to do. Since the cost of smoking
continues to impact the public health and world
economy increased taxation of tobacco products
leading to high revenue no wonder they are
recommending alternative methods of tobacco
consumption including e-cigarettes. Costs of
Vaping Versus Smoking in different
countries Comparing the cost of vaping vs.
smoking in these four developed countries
England, United States, Canada, and Australia,
generally, the price of nicotine vaping
products (NVPs) is higher compared to the price
of comparable units of regular cigarette England,
United States, and Canada while the cost of
pre-filled cartridges is higher compared to the
price of comparable units of regular cigarettes
in only the United States and Canada. Conversely,
the price of vape juice is lower compared to the
price of comparable units of regular cigarettes
in all England, the United States, Canada, and
Australia. In Australia, the price of all
nicotine vaping products is consistently lower
compared to the price of comparable units of
regular cigarettes as the prices of combustible
cigarettes are significantly high there. For
initial costs, the price of a rechargeable NVP
with pre-filled cartridges is roughly three to
five times higher than the price of a packet of
cigarettes in all four countries. An average
smoker who consumes 14 cigarettes a day would
take an equivalent of approximately seven packs
of cigarettes to purchase the device, implying it
would take approximately nine to ten days to
recover the costs of a rechargeable NVP
device. moreover, the study shows that whereas
the startup costs of rechargeable NVPs are
relatively high, once the purchasing is done,
extra costs of refilling the cartridges,
charging dead and r eplacing dead batteries,
replacing worn-out coils, and overall maintenance
of the device are way more attractive than
comparable units of combustible
cigarettes. Conclusion The upfront prices for
vapes are higher than the prices of regular
cigarettes which sometimes creates a barrier to
switching from smoking to vaping. Nevertheless,
over time, the average lower prices of vape
juices compared to comparable units of regular
cigarettes makes transitioning to vaping products
an attractive option to smoking.
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