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The Financial Cost of Smoking in Louisiana *Online Only*
January 2024
By Wallet Hub

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.


• Overall rank for Louisiana: 46th

• Out-of-Pocket Cost per Smoker – $126,144 (Rank: 43rd)

• Financial-Opportunity Cost per Smoker – $2,246,935 (Rank: 43rd)

• Health-Care Cost per Smoker – $151,108 (Rank: 43rd)

• Income Loss per Smoker – $462,853 (Rank: 48th)

• Other Costs per Smoker – $16,170 (Rank: 41st)

• Total Cost Over Lifetime per Smoker: $3,003,211

• Total Cost per Year per Smoker: $62,567


• Use nicotine replacement therapy (NRT): Consider using nicotine replacement products such as patches, gum, lozenges, or nasal spray. These can help manage withdrawal symptoms and gradually reduce nicotine dependence.

• Replace smoking with healthy habits: Substitute smoking with healthier activities. Exercise, chew gum, snack on fruits or vegetables, or engage in hobbies to distract yourself from cravings.

• Understand your triggers: Identify situations, emotions, or activities that trigger your urge to smoke. Once you're aware of these triggers, develop strategies to cope with them without turning to cigarettes.

• Seek support: Share your decision to quit with friends, family, or coworkers who can provide encouragement and accountability. Consider joining a support group or seeking professional help.

• Reward yourself: Celebrate your milestones, whether they are hours, days, or weeks without smoking. Treat yourself to something special as a reward for your hard work and dedication.

• Create a Smoke-Free Environment: Remove cigarettes, lighters, and ashtrays from your home and car. Make your living spaces smoke-free to reduce the temptation to smoke.

To view the full report and your state or the District’s rank, please visit: https://wallethub.com/edu/the-financial-cost-of-smoking-by-state/9520


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