Tobacco Cessation: State Economic Benefits

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.

Download the full report for New York
Take Action