Does Switching from Smoking to Vaping Save Money

The concern surrounding the cost of smoking and vaping has grown over the last decade as we have witnessed an increase in the sales of electronic cigarettes. If you have been smoking for years, you might know the amount of money spent on smoking was worth your attention. However, there have been many smokers switching to vaping after understanding the pros and cons of both smoking and vaping. While the cost of smoking was always a concern, does switching from smoking to vaping saves you money?

Truth be told, the costs of smoking vs. vaping have been varying over the years on the account of changing tax laws. Therefore, the cost of smoking and vaping depends on the country and the place you are living in.

Varying Cost of Smoking and Vaping

The cost of Electronic Cigarettes depends on the type of vape you buy, the price of e-juice and the rate of consumption. While Smoking can cost you in between $2000 to $6000 yearly, Vaping can cost you in between $500 to $5000 per year, depending on the amount of consumption. Moreover, the cost of conventional tobacco cigarettes depends on the taxes imposed by the Government. 

Also Read Related Story: List of Common Terminologies Used in Vaping

The Laws of Government

The UK Government have imposed a 20% VAT on Vaping Products. However, it is relatively less in comparison to the actual tobacco cigarettes. This is due to the UK Government deciding to encouraging people in switching from smoking to vaping on the account of the health concerns surrounding both. In one of the report, they said:

“The Government has consistently highlighted that quitting smoking and nicotine use completely is the best way to improve health. E-cigarettes are not risk-free. However, the evidence is increasingly clear that e-cigarettes are significantly less harmful to health than smoking tobacco...Some two and a half million people in England now use e-cigarettes, many using them to quit smoking for good.” 

Your Consumption Matters

The Cost of Vaping is highly dependent on the consumption; how much you use it per day. The first investment made from switching to vaping is buying your first Electronic Cigarette, the Vape Pens and the Box Mods. They come in a variety of prices. However, some online shops are selling it on considerably good prices. The most important part of E-Cigarette is Vape Juice. By searching best E-Liquid brand UK, you can get plenty of options to buy your favorite Vape Juice!

Is it Worth It?

Let’s look at the numbers again. Smoking can cost you around $2000 per year. On the other hand, Vaping can cost you around $500 on your initial purchase. The cost may be decreased in future in the case of vaping. Undoubtedly, switching from smoking to vaping can save you money!

The following table is the illustration of the cost of Smoking Vs Vaping!

COST OF SMOKING YEARLY	COST OF VAPING YEARLY
$2000 to $5000	$500 to $5000