In today's economic climate, every penny counts. For smokers considering a switch, affordability is a major concern. This blog examines a crucial comparison: Are e-cigarettes cheaper than smoking? Get to know the financial benefits of vaping and how it could lighten your wallet's load.
What is the Average Cost of Smoking Cigarettes in Canada?
The average cost of smoking cigarettes in Canada can vary significantly depending on several factors, including geographical location and brand preference. As of October 2022, the price of a pack of cigarettes in different provinces ranges between $12.04 and $17.48.
In Quebec, where cigarettes are relatively cheaper, a carton can cost around $96.36, or $12.04 per pack. A carton of cigarettes may cost $139.83 in Manitoba, which has higher cigarette prices, about $17.48 per pack. As a result, smokers who smoke a pack a day accumulate expenses between $4,394.60 and $6,379.74 per year.
Smoking expenses in Canada can also negatively impact individuals' budgets and highlight the financial burden associated with the habit.
How Much Does Vaping Cost in Canada?
Disposable Vapes:
Canada's vaping enthusiasts can choose from a variety of disposable vapes that are convenient and affordable. The price of these one-time-use devices typically ranges from $13.99 to $21.99, depending on factors such as brand and estimated puff count. The overall cost may vary due to the newly implemented excise tax.
In terms of cost per day, a disposable vape lasts about four days, which amounts to approximately $4.87 per day. Approximately $1,177.55 is the cost of disposable vapes over the course of a year. Despite their simplicity, disposable vapes might not be the most cost-effective option over the long run since they require frequent replacement.
Check your local guidelines for the safest way to dispose of your vapes, especially since so many people prefer disposables over other options.
Pod Systems:
The simplicity and ease of use of pod systems has made them popular among Canadian vapers. Rechargeable batteries and replaceable prefilled pods are typically used in these devices. The cost of a starter kit for a pod system can range from $14.99 to $19.99, while the cost of a pack of three prefilled pods is around $17.99.
A pod system costs approximately $6.08 per day, including the vape pen price, assuming a pod lasts one day. This amounts to around $2,219.20 over the course of a year. The cost of pod systems can increase over time, despite their convenience.
Traditional E-Liquid Vaping:
In traditional e-liquid vaping, e-liquid is filled manually into refillable tanks. Initial setup costs include purchasing a vaping starter kit, which can range from $24.99 to $89.99. Buying e-liquid bottles is also necessary, with a 120ml bottle typically costing $65.99. An average daily consumption of 5ml of e-liquid costs $2.75.
With replacement coil costs averaging $3.60 per coil, and the daily cost of the starter kit $0.16 based on a three-month lifespan, the total daily expense for traditional e-liquid vaping is approximately $3.15. Over the course of a year, this amounts to approximately $1,149.75. Traditional e-liquid vaping can be more cost-effective than disposable vapes and pod systems.
Box Mods:
The versatility and customization options of box mods make them popular among vaping enthusiasts in Canada. Variable wattage, temperature control, and longer battery life are some of the advanced features of these devices. Box mods range in price from $30 to $200, depending on the brand, model, and features. Additionally, users must purchase compatible tanks or atomizers, which range from $20 to $50. Box mods can cost anywhere from $50 to $250 to set up.
Purchasing e-liquid, replacement coils, and occasional maintenance supplies are the main ongoing costs of vaping with a box mod. The average daily consumption of e-liquid may be around 5ml, resulting in a daily e-liquid cost of $2.75. Coils vary in price but may average $3.60 per coil, depending on usage and type.
Is Vaping Cheaper Than Smoking in Canada?
In Canada, vaping is generally cheaper than smoking. Despite the initial cost of vaping devices such as box mods, the ongoing costs involve purchasing e-liquids and replacement coils, which are generally less expensive than cigarettes. Moreover, vaping devices can last for a long time with proper maintenance, saving money compared to continuously purchasing packs of cigarettes.
As a result, the Canadian government's excise tax on vaping products does not usually offset the overall cost advantage of vaping over smoking. In Canada, switching to vaping can be a financially beneficial option for individuals seeking to reduce or eliminate their smoking habit.
Frequently Asked Questions
Does Vaping Save Money?
Vaping can save you money compared to smoking. Although initial setup costs vary, ongoing expenses for e-liquids and coils are usually less than purchasing cigarettes. Proper maintenance extends the life of vaping devices, resulting in cost savings. Furthermore, some regions' government taxes on vaping products do not outweigh these savings.
What Is the Cost Difference Between Vaping and Smoking?
The cost difference between vaping and smoking depends on factors such as usage habits and device type. Since e-liquids and device maintenance are cheaper, vaping generally incurs lower long-term expenses. Compared to smoking, vaping offers significant savings over time due to the higher daily costs for cigarettes.
Final Thoughts
According to the financial analysis presented in this blog, vaping in Canada is more cost-effective than smoking. Vaping incurs lower long-term costs than smoking, despite varying expenses for different types of devices.
It is possible for individuals to save money by vaping as well as improve their health outcomes by vaping. Make a smarter choice by choosing STLTH vapes.