Why Vaping is a More Cost-Effective Alternative to Smoking in 2024
Smoking has always been associated with serious health risks, but the financial implications are equally significant. In the UK, an average smoker spends a staggering £2,920 per year on cigarettes, a figure that has risen sharply in recent years due to price hikes. With the cost of smoking now comparable to substantial household expenses like energy bills, it’s worth considering alternatives that are not only healthier but also more economical. Vaping, for instance, is an option that could save you thousands of pounds annually. In this blog, we'll break down the costs of vaping versus smoking and explain why making the switch could be one of the best financial decisions you make.
The High Cost of Smoking
Let’s begin by understanding just how expensive smoking has become. As of 2024, the average price for a pack of cigarettes in the UK is £16. For someone who smokes 10 cigarettes a day, this translates into a weekly cost of £56, a monthly cost of £243, and an annual cost of £2,920. Smokers who consume a pack a day face an even heftier expense—spending £112 weekly, £486 monthly, and a whopping £5,840 annually.
For those who prefer rolling tobacco, the costs are slightly lower but still significant. A 10-a-day smoker will spend around £961 per year, while a 20-a-day smoker will shell out about £1,922 annually.
Vaping: A Cheaper Alternative
Now, let’s compare these costs to vaping. Switching to vaping can reduce your annual expenses by over 70%, bringing your yearly cost down to approximately £648. Here’s a detailed breakdown of what vaping costs entail:
Initial Investment
- Vape Starter Kit: The upfront cost of a decent vape starter kit ranges from £10 to £20. This is a one-time purchase, and once you have your kit, the main recurring expenses will be for coils and e-liquids.
Ongoing Costs
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Coils: For those using refillable pod kits, coils are necessary to vaporize the e-liquid. These typically last 1-2 weeks, costing around £11 per month or £132 per year.
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E-Liquids: E-liquid costs vary based on usage and nicotine strength. A 10ml bottle of nic salt e-liquid, which typically costs between £3 and £4, can provide up to 3000 puffs. On average, three 10ml bottles will suffice for a week, adding up to around £516 per year. To explore different flavors and strengths, check out our e-liquid collection.
Monthly and Annual Cost Summary for Vaping
- Vape Starter Kit: £10-£20 (one-time)
- Coils: £11 per month
- E-Liquid: £43 per month (based on a 10ml bottle of nic salts at 10mg strength)
Average Monthly Cost of Vaping: £54
Average Annual Cost of Vaping: £648
Upcoming Vaping Tax: What It Means for You
Starting from October 1, 2026, the UK government will impose a new tax on vaping products, which will slightly increase the cost of e-liquids:
- £1 more for nicotine-free e-liquids
- £2 more for 10ml e-liquids with 0.1-10.9mg of nicotine
- £3 more for 10ml e-liquids with 11mg+ of nicotine
Even with this tax, vaping remains a far more cost-effective option compared to smoking.
Future Vaping Costs Post-Tax Increase
- Vape Starter Kit: £20 (one-time)
- Coils: £11 per month
- E-Liquid: £65 per month (10ml bottle at 10mg strength costing about £5)
Average Monthly Cost of Vaping: £76
Average Annual Cost of Vaping: £912
Comparing Refillable Vape Kits with Disposable Vapes
If you’re considering vaping, you might wonder whether to opt for a refillable kit or a disposable vape. Here’s a quick comparison:
Refillable Vape Kits
Using the Vaporesso XROS Mini as an example:
- XROS Mini Vape Pod Kit: £12.95
- XROS Pod Pack: £9.95
- E-Liquid: £3.95 (e.g., Blue Razz Lemonade Nic Salt)
For more on refillable options, check our vape kits collection.
Disposable Vapes
Disposable vapes are initially cheaper and user-friendly, ideal for beginners. A disposable vape typically costs about £4.95 and lasts 1-2 days. With multi-buy deals like 5 for £20, you can reduce costs further.
- Weekly Cost: £20
- Monthly Cost: £87
- Annual Cost: £1,040
Even though disposable vapes are economical, refillable pod kits and prefilled devices are more cost-effective in the long run, especially after the 2026 tax changes.
The Financial Impact of Switching to Vaping
Switching from smoking to vaping is not only a healthier choice but also a financially sound decision. The initial switch might seem daunting, but the long-term savings are undeniable. Disposable vapes offer convenience, but for those willing to maintain a refillable kit, the savings are even more substantial.
For those new to vaping, we recommend exploring our Ultimate Beginner Vaping Guide to help you get started. With the right setup, you can enjoy a satisfying vape experience that’s easy on your wallet and your health.
Final Thoughts
Vaping offers a significant cost advantage over smoking, and as smoking prices continue to rise, this disparity will only grow. By making the switch to vaping, you can reduce your annual expenses dramatically while also enjoying the wide range of flavors and nicotine strengths available. Whether you opt for a disposable vape or invest in a refillable kit, the financial benefits of vaping are clear.
For more information on vaping options, visit our main page and browse our collections to find the perfect vape for your needs.