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How Switching to Electronic Cigarettes Can Save You Money

Since the 1970s, the prevalence of smoking in the United Kingdom has declined significantly. However, smoking is still considered a big problem as many chain smokers succumb to illnesses associated with the vice. Everyone knows of the health risks involved in smoking. But nicotine addiction is a very sensitive topic, and quitting can be very challenging, especially for long-time smokers.

Aside from the obvious health risks, there's also the financial aspect of it. Feeding your nicotine addiction can often put a dent in your personal finances, which adds more stress, triggering your addiction. So what can one do? Well, switching to electronic cigarettes can actually hit two birds with one stone. It can be a great transition to help you quit while also being cost-effective.

How Much Money Do Smokers in the UK Spend on Cigarettes?

Smokers in the UK spend an estimated £12.6 billion on cigarettes each year, according to a new report. The report from the Office for National Statistics (ONS) also found that the average smoker in the UK spends £2,133 a year on cigarettes. 

This means that smoking costs the average smoker around £50 a week, or £7 a day. The report found that men are more likely to smoke than women and that those in the most deprived areas are more likely to smoke than those in the least deprived areas.

The ONS report found that the price of a packet of 20 cigarettes had risen by more than 50 per cent since 2007 when the average price was £3.97. In 2017, the average price was £6.16.

The report also found that the number of smokers in the UK has fallen to its lowest level since the 1950s. In 2017, there were an estimated 9.4 million smokers in the UK, down from 10.4 million in 2007.

Is Switching to Electric Cigarettes More Cost-Effective for UK Smokers? 

Electric cigarettes have been gaining in popularity in recent years as an alternative to traditional tobacco cigarettes. But are they really more cost-effective for UK smokers?

To answer this question, we need to look at the cost of smoking both traditional cigarettes and electric cigarettes. The cost of smoking traditional cigarettes can be divided into two main categories: the cost of the cigarettes themselves and the cost of smoking-related health care.

The cost of cigarettes in the UK has been rising steadily in recent years. And as we've covered in the previous section, the average smoker in the UK spends £2,133 a year on cigarettes.

The cost of smoking-related health care is much more difficult to quantify. However, according to the Department of Health, the NHS spends around £2.5 billion each year on treating smoking-related illnesses. This works out to £69 per year for each smoker in the UK.

So, the total cost of smoking traditional cigarettes in the UK is around £2,202 per year. 

Electric cigarettes are not subject to the same taxes as traditional cigarettes, so they are generally much cheaper. The cost of a typical electric cigarette starter kit is around £30, and the cost of replacement cartridges is around £10 for a pack of five. This means that the cost of smoking an electric cigarette is around £41 per year.

This means that switching to electric cigarettes could save UK smokers around £2,161 per year. In addition, electric cigarettes are not associated with the same health risks as traditional cigarettes, so there are potential health savings as well.

Of course, the cost of smoking is not the only factor to consider when deciding whether or not to switch to electric cigarettes. However, from a purely financial perspective, electric cigarettes are a much more cost-effective option for UK smokers.

Final Thoughts

Electric cigarettes are more cost-effective for smokers who want to save money in the long run. The cost of an electric cigarette starter kit and refills is much lower than the cost of buying new cigarettes all the time. In addition, electric cigarettes do not produce tar or other harmful chemicals, which means that 

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