Tobacco Cessation: State Economic Benefits

New Jersey Facts

For every dollar New Jersey spends on providing tobacco cessation treatments, it has an average potential return on investment of $1.34.

Smoking costs New Jersey Millions of Dollars Every Year:

 Annual Cost to State
Direct Health Care Expenditures $3,630,013,060
Workplace Productivity Losses $1,814,762,665
Premature Death $2,889,749,790
Total Cost to State Economy $8,334,525,514

Put a different way, the average retail price of a pack of cigarettes in New Jersey is $7.48. But the real price of a pack of cigarettes to society and to the state's economy is $30.29 per pack.

This is money that the state government and consumers could be spending in other places. As states look for ways to reduce costs, helping people quit using tobacco is an important solution.

New Jersey can Save Money by Providing Smoking Cessation Treatments:

 Average Potential Annual Savings
Direct Health Care Expenditures $10,142,689
Workplace Productivity Losses $13,144,968
Total Average Potential Annual Savings $23,287,656

Helping smokers quit is an important opportunity to not only save lives, but also save New Jersey money.

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