The True Cost of Vaping Vs. Smoking

Is Vaping a Good Investment?

Whether vaping constitutes a good investment largely hinges on the perspective from which it is viewed, particularly when considering the switch from traditional smoking to vaping. At the outset, transitioning to vaping necessitates an initial financial input for acquiring a starter vape kit. Luckily as of 2023 you can find very affordable starter kits, like the Aspire GoteX for just £9.99.
 
However, it's important to assess this investment beyond just the immediate cost. When compared to the recurrent expenses associated with purchasing cigarettes, the long-term financial outlook of vaping is far more favourable. After the initial purchase of a vape kit, the ongoing costs typically include replacing coils and purchasing e-liquids this cost is roughly around just £12.50 a week.
 
Moreover, the investment in vaping extends beyond financial considerations. For smokers looking to reduce their exposure to the harmful chemicals found in cigarette smoke, vaping offers a potential harm reduction alternative. It's supported by research indicating that, while not risk-free, vaping is substantially less harmful than smoking traditional cigarettes. This means that you can’t just look at face value cost, but also at the potential time you gain.
Therefore, while the initial cost of a vape kit might seem like a barrier, the potential health benefits, coupled with the long-term savings when transitioning from smoking to vaping, paint a picture of vaping as a potentially prudent investment. This perspective encourages a deeper consideration of not just the financial but also the health implications involved in making the switch.
 

The Raw Facts and Figures

Smoking’s cost on society: Smoking has long been under increasing scrutiny, and as of 2022 the charity Action on Smoking and Health estimate that smoking had cost the UK just over £17Bn. Not only is it financially that people suffer but more harrowingly around 75,000 people each year in the UK die from smoking related illnesses, such as lung cancer, pneumonia, heart disease, strokes and many more.
 
Cost of Smoking: On average most smokers use around 1 Pack of Cigarettes a day; this equates to around £13.30 per day, £93.10 per week and a staggering £4,788.00 per year.
 
Cost of Vaping: To really put this into perspective when it comes to comparing the cost of smoking and vaping we’ll look at someone who would use an absurd amount of vape liquid, a whole 10ml per day! This would equate to an average cost of £2.87 per day, £20.09 per week and just £1033.20 per year.
What is really shocking is that your average person would only use around 3ml of liquid a day. So even in the most extreme case, Vaping is just 21.5% the cost of smoking, and for most people those savings will be closer to 10% the cost of smoking.
 
 

 Cost

Smoking (20 Cigarettes per day)

Vaping (10ml per day)

Savings

Percent Cost of Vaping

Daily

£13.30

£2.87

£10.43

21.58%

Weekly

£93.10

£20.09

£73.01

21.58%

Monthly

£399.00

£86.10

£312.90

21.58%

Yearly

£4,788.00

£1,033.20

£3,754.80

21.58%