Vaping: A Cost-Efficient Alternative to Smoking

The Financial Impact of Smoking

Did you know that the average smoker in the UK spends approximately £2,920 annually on their habit? To put this into context, it surpasses the average annual energy bill for a 2-3 person household, which stands at £1,769. With the recent increase in cigarette prices to £16 per pack following the Spring Budget announcement, smoking is not only detrimental to your health but also burns a significant hole in your pocket.

Financial Benefits of Vaping

While much attention is given to the health benefits of transitioning from cigarettes to vapes, the financial advantages are equally noteworthy. By making the switch, you can free up funds for essential expenses or indulge in a well-deserved vacation.

Understanding Vaping Costs in 2024

How much does vaping cost in 2024, and how does it compare to smoking financially? In this discussion, we’ll delve into the yearly expenses associated with vaping and demonstrate how you could save up to four times more by embracing vaping.

Annual Cost of Vaping

When you switch to vaping, your yearly expenditure is projected to be around £648 – a remarkable 70% reduction compared to smoking. While a starter vape kit may initially cost between £10 to £20, subsequent expenses mainly revolve around coils and e-liquids.

 

Breakdown of Vaping Costs

Let’s dissect the costs involved in vaping in 2024:

  • Vape Starter Kit: £10-£20 (one-time expense)
  • Coils: £11 (per month)
  • E-liquid: £43 (per month based on a 10ml bottle of nic salts at a 10mg strength, costing approximately £3)

The Impact of Tax Increases

With the looming Vaping Tax set to take effect from October 1st, 2026, the monthly and yearly vaping costs are expected to rise. Despite this, vaping remains substantially more economical than smoking, even after the levy comes into play.

Cost Comparison: Vaping vs. Smoking

Switching to a refillable pod kit could save you £2,264 annually compared to a 10-a-day smoking habit, offering significant financial relief alongside health benefits.

Conclusion

The decision to switch to vaping not only improves your financial standing but also offers compelling health incentives. While disposable vapes provide a convenient starting point, investing in a refillable pod kit promises substantial long-term savings and a seamless transition from smoking.

Explore Vaping Options at JustVapeShop

For newcomers to vaping, JustVapeShop’s Ultimate Beginner Vaping Guide offers invaluable insights to help you find the ideal setup. Additionally, our comprehensive guides section addresses any lingering queries you may have.