Switching from cigarettes to vaping products saves US users an average of about $1,500 a year, according to a story by Laura Kelly for the Washington Times, citing the results of an online poll of daily electronic-cigarette users.
Packs of cigarettes range in price from around $6 to $14 depending on the state and their taxes, and ‘heavy smokers’ were said to consume a pack a day.
Users who switched to e-cigarettes reported saving an average of $1,416.60 a year, according to the online poll conducted by LendEDU, an online marketplace that helps students refinance their loans.
The poll surveyed 1,000 vapers and asked them to gauge how much money they spent on their vaping products and if they saved money by making the switch.
At least 71 percent responded that switching to vaping had helped them save money, while 19.6 percent said it hadn’t helped them save money and 9.4 percent said they didn’t use traditional tobacco products previously.
Respondents said they typically spent $80 on a one-time purchase of a vape device and around $60 on vaping consumables per month. On top of these purchases, between $6 and $9 was spent each month on unspecified things related to vaping.