Not many people would argue that smoking is bad for you.

It’s linked to lung cancer and heart disease, and is associated with nearly 1 in 5 deaths in the United States.(1) But smoking damages more than your body. It can also seriously hamper your financial health in ways that might surprise you.

The upfront cost of smoking
Cigarettes aren’t cheap. Prices per pack vary from $5.25 in Missouri to $12.85 in New York, but the national average comes out to around $6.28.(2, 3) Smoking a pack per day will run you $44 per week, $188 per month, and $2,292 per year. Over 20 years you’ll have spent $91,671 on cigarettes. That’s a lot of money to light up!

Health care costs of smoking
But smoking carries more subtle costs. Hospital bills, medication, and treatment all cost money, and smoking bumps up your chances of needing those at some point in your future. In total, smoking-related illness costs the United States over $300 billion per year.(4) Smokers also have to face higher insurance costs because of the health risks presented by their habit. All told, smoking one pack per day costs around $15,000 a year, or $40 per pack.(5)

The opportunity cost of smoking
What would you do with $15,000? If you’re smoking a pack per day, your answer is to spend it on a highly addictive chemical that feels great in the moment but will damage your health long-term. But what would happen if you put that $15,000 to work? Could that be the cash you need to start building a business? Maybe that could be the foundation of your child’s college fund or inheritance. That nicotine hit might be what you think you need to destress or get out of bed in the morning, but it’s costing you more than short-term cash. It’s denying you the potential to live on your terms and start building your future.

Quitting cigarettes can feel daunting. They’re an easy coping mechanism that you might depend on. Imagining a day without lighting up with your morning coffee could be downright terrifying. But smoking costs you more than just 6 bucks per pack. It costs you more than your future health. The price of a quick nicotine fix could be stopping you from reaching your full potential and stealing life-changing opportunities.

Trying to quit? Check out these resources from the CDC.