A smoker in California can expect to lose nearly $5 million over their lifetime due to their habit. This staggering figure, calculated by WalletHub, includes not just the direct cost of cigarettes but also significant financial opportunity costs, healthcare expenses, and lost income.
Key Takeaways:
- Total Lifetime Cost: Estimated at $4,927,317 per smoker in California.
- Annual Cost: Approximately $102,652 per year.
- Opportunity Cost: Over $3.5 million lost in potential investments.
- Income Loss: Smokers lose over $832,000 in wages over a lifetime.
