Tobacco-Free Campus
Hidden Costs of Smoking
You know the high price of cigarettes. But have you considered all the costs?
- Higher insurance rates
- Extra medical expenses
- Higher cleaning costs
- Reduced home and car values
- Reduced savings and investment income
Smoking Costs per Year†
|
|
Pack-a-Day Habit |
Pack-a-Week Habit |
|
Cigarettes |
$2,190 |
$312 |
|
Car Insurance |
$50 |
$50 |
|
Health Insurance |
$1,000 |
$1,000 |
|
Homeowners Insurance |
$60 |
$60 |
|
Doctor Visits |
$300 |
$300 |
|
Medication |
$120 |
$120 |
|
Total‡ |
$3,720 |
$1,842 |
† Source: The Cost of Smoking. Cigarettes estimated at $6 per pack. The insurance and medical costs reflect average premiums and other costs added to the average base-costs of nonsmokers.
‡ Total does not include extra cleaning costs and decreased values of smoke-damaged cars, homes and personal possessions.
Students
The average cost of tuition, fees and books for a full-time, instate UTB/TSC undergraduate is $5190. Do the math for a pack-a-day habit:
($3,720 % $5,190) x 100 = 72%
That’s nearly three-quarters of a year of school! If you make minimum wage ($7.25 per hour), that’ll take you three months to earn at 40 hours per week.
School is an investment. Smoking is a waste.
Out of School
Faculty and staff members and alumni: What if you saved that money?
$3,720 % 12 = $310 per month
Investing $310 per month at 5 percent interest for 10 years will yield:
$37,200 principal + $11,138 interest = $48,338*
Who couldn’t use 50 grand? Invest in yourself and your family: Quit the habit.
* Source: Dinkytown.net savings calculator.
Learn More
Go to The Cost of Smoking website.