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New York Smokers Face Nation's Highest Financial Costs, New Study Says
Northeast and mid-Atlantic states are among the most expensive in the U.S. for smoking tobacco, according to a new study.
New York topped the 2025 list from WalletHub called "The Real Cost of Smoking by State", with residents losing an estimated $5.4 million over their lifetime. Washington, D.C., Maryland, Massachusetts, and Rhode Island were also ranked in the top five.
The study calculated smoking-related costs by combining out-of-pocket expenses, lost income, increased insurance premiums, and missed financial opportunities, such as investing in the stock market instead of …
