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Calculate Your Savings

Calculate how much you save per year once you quit smoking.

Coin being placed into piggy bank

Calculate Your Savings

Every cigarette you don’t smoke means more money in your pocket. The price of one cigarette may not seem much, but it soon adds up – whether you smoke 5, 10, 15, 20 or more a day. And if you’ve been smoking for a few years the costs (and more importantly savings) might surprise you!

How much money can you save by quitting smoking?

The good news is that as soon as you decide to stop smoking, you should start seeing the savings roll in.

For example, someone who smokes a pack-a-day in Canada can spend more than $5,000 a year on cigarettes!1 If you continue to stay smoke-free for five years and put that money aside, you will save more than $25,000! Now, imagine you stay smoke-free until you decide to retire (roughly 40 years). That's at least $200,000! You can do amazing things with that much money like plan a trip around the world, buy a cottage, or a luxury car!

Although you may spend money on NRT products to support your quit journey, in the end it should work out a lot cheaper than smoking. And once you’re smoke-free you won’t spend a penny on anything smoking related! Plus, check out these provincial reimbursement programs that you may be eligible for to help cover the costs of NRT products.

It won’t be long before you notice that extra money in your wallet, bank account or jar above the fridge. Literally seeing these savings stack up can be great motivation to help you stay on track and meet your smoke-free goals.

How will you use the money you’ve saved by quitting smoking?

Group of friends sitting on a couch and laughing

You can use the money you save by quitting smoking for whatever you like. However much you used to smoke, you could be saving hundreds of dollars within a few months, and possibly into the thousands after just a year.

You could spend this extra cash towards:

  • A family holiday abroad;

  • Upgrading to a newer or bigger car;

  • Making home improvements;

  • Getting a pet;

  • Your passion – whether it’s sport, music, art or something else.

Setting savings targets is a great way to stay motivated and keep on track. You might be amazed by how soon you reach your financial goal after quitting smoking.

Begin your journey to a smoke-free future with Nicorette®

Our range of Nicorette® products support you along your quit smoking journey. Each one harnesses the power of Nicotine Replacement Therapy (NRT) to help you stop for good. They help reduce your nicotine cravings over time, by providing you with lower levels of nicotine than is found in cigarettes to help satisfy your nicotine withdrawal symptoms. This can reduce any challenging withdrawal symptoms you experience along the way. Combining patches with one or more fast-acting Nicotine Replacement Therapy product such as Nicorette® Quickmist® can often be a very effective route to stop smoking success – that’s good news for both your health and your wallet. So get started on your journey to a smoke-free future today by finding the right Nicorette® product for you.

References

  1. Bedford, E., 2020. Average Retail Price For Cigarettes In Canada From January 2015 To June 2020. [online] Statista.[Accessed 15 August 2020]., https://www.statista.com/statistics/444185/average-retail-price-for-cigarettes-in-canada/#statisticContainer

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