Wednesday, October 13, 2010

Know the real cost of a pack of cigarettes

Smoking is a relatively costly and unequivocally dangerous habit, but few individuals know the true cost of a pack of cigarettes, reports the European science blog Lab Spaces. According to Spain’s Polytechnic University of Cartagena (UPCT), an average €3 to €4 pack ($ 4.18 to $ 5.57, approximately) really costs €107 ($ 149) for men and €75 ($ 105) for women. And the way UPCT determined those figures states a lot about those who choose to conserve money and not puff their lives away.

A premature passing away will take place with cigarettes

Angel Lopez Nicolas is a UPCT researcher. She said, “The price one pays for each pack of cigarettes at a newsstand is only a very small price of the true price that smokers pay for their habit.” Mortality expenses are associated with tobacco which really raises the risk of death. The Vale of a Statistical Live (VSL) is what is used as the metric. This metric analyzes what the cost-benefits are. Based on Lopez Nicolas, there is a price that smokers are “prepared to pay in order to cut back their risk of passing away.” The price for smokers is €3.78 million ($ 5.26 million) and is €2.91 million ($ 4.05 million) for non-smokers.

Next Lopez explains, “one must not confuse the cost of early passing away with the price of healthcare. The price of early death is borne through the smokers themselves.” Those expenses are huge. Payday cash loans or short term loans would never help there.

What cigarette smoking really costs

Numerous think that taxes and anti-smoking legislation will be good for many who smoke. It may help them control themselves a little bit more. The UPCT study weighs both the social benefits of smoking deterrence and also the deficit of “well-being cuts.” The study showed that smoking wasn’t worth it. The benefits were not as good as losing well-being consequence.

Citations

Lab Spaces

labspaces.net/106891/Real_price_of_each_pack_of_cigarettes_is_more_than_____euros



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