The Economics of E-Cigarettes

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Over the past few years, e-cigarettes have risen as a popular alternative to smoking traditional cigarettes. They’re also being used by many people who never smoked. Some people enjoy the flavour and the act of vaping, and others enjoy the nicotine. For many people, it’s a combination of both. However, there are also other reasons one might look to vaping. Chiefly, the economics of vaping make it a viable alternative to tobacco.

The Economics

Obviously, the price of cigarettes and snuff differ from town to town, but they are generally rising in price. They are becoming more expensive because fewer people are smoking cigarettes every year, and government regulations are deterring many people from smoking. The serious health effects of prolonged tobacco use have caused it to dwindle in popularity, which is great news for people’s health but bad news for those who currently smoke. If you want to lower the costs, you don’t have to quit cold turkey. You can move to an electronic cigarette, which has been proven to help some people quit smoking.

The economics of e-cigarettes come down to the way they are set up and the amount you have to pay for the different components.

The Components of Vaping

A vape pen is composed of the pen itself and the liquid that fills it. You can buy one-time use e-cigarettes. These are preferred for people who do not intend to use them very long or aren’t sure if they will actually like them. They allow you to sample the different kinds of vaping options before committing. However, if you know what you want, you can buy a permanent e-cigarette. These are made with replaceable parts and are designed to be reusable. This will be your biggest expense, but it will not be a recurring cost.

The recurring expense will be the actual e-liquid, which is the liquid that is vaporised in the vaping process. It is composed of the liquid itself, nicotine, and flavouring. The amount of use you will receive from any amount of e-liquid depends on how often you vape and how deeply you inhale. Typically, a 10ml bottle of e-liquid will last someone about a week. That statistic has proven fairly reliable for a person who previously smoked about fifteen cigarettes a day. If you smoked less or if you curtail your vaping, it will likely last you a lot longer. You can also cut your costs by buying an e-liquid that is higher in nicotine, which will cut your nicotine cravings with fewer puffs.

Considering one bottle of e-liquid is about the same price as a pack of cigarettes, and a fifteen-a-day smoker was buying about six packs of cigarettes a week, you can save a significant amount of money by making the switch. You will be buying e-liquid about 15% as often as you were buying cigarettes. Those savings could prove to be incredibly helpful. Also, since e-liquids come in many different strengths, you can gradually reduce the nicotine content to wean yourself off nicotine entirely. This will give you the opportunity to save 100% of the money you were spending.

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