New York Facts
For every dollar New York spends on providing tobacco cessation treatments, it has an average potential return on investment of $1.34.
Smoking costs New York Millions of Dollars Every Year:
| Annual Cost to State | |
|---|---|
| Direct Health Care Expenditures | $9,828,468,903 |
| Workplace Productivity Losses | $3,902,114,022 |
| Premature Death | $6,886,659,279 |
| Total Cost to State Economy | $20,617,242,203 |
Put a different way, the average retail price of a pack of cigarettes in New York is $7.89. But the real price of a pack of cigarettes to society and to the state's economy is $36.24 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 York can Save Money by Providing Smoking Cessation Treatments:
| Average Potential Annual Savings | |
|---|---|
| Direct Health Care Expenditures | $27,739,911 |
| Workplace Productivity Losses | $30,450,278 |
| Total Average Potential Annual Savings | $58,190,190 |
Helping smokers quit is an important opportunity to not only save lives, but also save New York money.
