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Smoking Costs Hoosiers More Than $1 Million a Year

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The cost of smoking exceeds $1 million a year, depending on where you live. (Joseph Morris/Flickr)
The cost of smoking exceeds $1 million a year, depending on where you live. (Joseph Morris/Flickr)
 By Veronica CarterContact
January 22, 2016

INDIANAPOLIS - The average cost to each of America's 66 million tobacco users is from $24,000 to $50,000 a year, depending on where they live, according to new research by online survey company WalletHub.

Over a lifetime, said WalletHub spokeswoman Jill Gonzalez, that can add up to more than $1.4 million for each smoker in Indiana.

"A lot of times it's not something you think about," she said. "Just investing $5, $6, all the way up to $12 a day into the stock market, that's how much money you could be earning. So, forget the Powerball; this could be a one-stop shop for you, if you just quit smoking."

People try to quit smoking every day and fail. Nicotine is nearly as addictive as heroin, according to the federal Centers for Disease Control and Prevention, and quitting can take several attempts because of withdrawal symptoms such as anxiety, irritability and cravings.

Emily Lee, a spokeswoman for the American Lung Association of the Midland States, said success is possible.

"It may be hard right now but, if you work through it, the long-term benefits way outweigh the struggles you are having right now because the withdrawal is temporary and will subside," she said. "In the long run, there's more health benefits to not smoking."

Smoking, the leading cause of lung cancer, causes about a half million premature deaths in the United States every year.

The report is online at wallethub.com. Information on smoking cessation is at lung.org.

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