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Are E-Cigarettes Cheaper Than Smoking?

February 25, 2024

In today's economic landscape, every penny saved counts. For smokers contemplating a switch, the question of affordability looms large. In this blog, we delve into a crucial comparison: Are e-cigarettes cheaper than smoking? Explore the financial benefits of vaping and how it could lighten the load on your wallet.

What is the Average Cost of Smoking Cigarettes in Canada?

The average cost of smoking cigarettes in Canada can vary significantly based on several factors, including geographical location and brand preferences. As of October 2022, the price for a pack of cigarettes ranges between approximately $12.04 and $17.48 across different provinces. 

For instance, in Quebec, where cigarettes are relatively cheaper, a carton can cost around $96.36, equivalent to $12.04 per pack. However, in Manitoba, which has higher cigarette prices, a carton may cost as much as $139.83, approximately $17.48 per pack. These costs accumulate for daily smokers, with a pack-a-day habit totalling yearly expenses ranging from roughly $4,394.60 to $6,379.74. 

The expenses can also substantially impact individuals' budgets and highlight the financial burden associated with smoking in Canada.

How Much Does Vaping Cost in Canada?

Disposable Vapes:

Disposable vapes offer a convenient and accessible option for vaping enthusiasts in Canada. These one-time-use devices typically range in price from $13.99 to $21.99, depending on factors such as brand and estimated puff count. With the newly implemented excise tax, the overall cost may vary. 

A disposable vape lasts about four days, equating to a daily expense of $4.87. Over a year, this amounts to approximately $1,177.55. While disposable vapes offer simplicity, they may not be the most cost-effective option in the long term due to their short lifespan and ongoing replacement costs.

Remember to check your local guidelines for the safest way to dispose of your vapes, especially since so many people prefer the taste of disposables to alternatives! 

Pod Systems:

Pod systems have gained popularity among Canadian vapers for their simplicity and ease of use. These devices typically consist of a rechargeable battery and replaceable pre-filled pods. A starter kit for a pod system can range from $14.99 to $19.99, with individual pre-filled pods costing around $17.99 for a pack of three. 

Assuming a pod lasts one day for most users, the daily cost of using a pod system is approximately $6.08, including the vape pen price. Over a year, this totals around $2,219.20. While pod systems offer convenience, their ongoing pod costs can increase.

Traditional E-Liquid Vaping:

Traditional e-liquid vaping involves using refillable tanks filled manually with e-liquid. The initial setup cost includes purchasing a vaping starter kit, which ranges from $24.99 to $89.99. Additionally, users must buy e-liquid bottles, with a 120ml bottle typically priced at $65.99. Assuming a daily consumption of 5ml of e-liquid, the daily cost for e-liquid is $2.75. 

Factoring in the cost of replacement coils (averaging $3.60 per coil, with two coils used per month) and the daily cost of the starter kit ($0.16 based on a three-month lifespan), the total daily expense for traditional e-liquid vaping is approximately $3.15. Over a year, this amounts to roughly $1,149.75. While traditional e-liquid vaping involves higher initial setup costs, it can be more cost-effective than disposable vapes and pod systems in the long run.

Box Mods:

Box mods are popular among vaping enthusiasts in Canada for their versatility and customization options. These devices offer advanced features like variable wattage, temperature control, and longer battery life. The initial cost of a box mod varies widely, ranging from $30 to $200, depending on the brand, model, and features. Additionally, users must purchase compatible tanks or atomizers, ranging from $20 to $50. The total initial setup cost for a box mod can range from $50 to $250 or more.

Once set up, the ongoing cost of vaping with a box mod primarily involves purchasing e-liquids, replacement coils, and occasional maintenance supplies. A 120ml bottle of e-liquid typically costs $65.99, and the average daily consumption may be around 5ml, resulting in a daily e-liquid cost of $2.75. Replacement coils vary in price but may average about $3.60 per coil, with the frequency of replacement depending on usage and coil type.

Is Vaping Cheaper Than Smoking in Canada?

Yes, vaping is generally cheaper than smoking in Canada. While the initial setup cost for vaping devices like box mods can vary, the ongoing cost primarily involves purchasing e-liquids and replacement coils, which are generally less expensive than buying cigarettes. Additionally, with proper maintenance, vaping devices can last for an extended period, providing cost savings compared to continually purchasing packs of cigarettes. 

Moreover, the Canadian government's excise tax on vaping products, while present, does not typically offset the overall cost advantage of vaping compared to smoking. Therefore, for individuals looking to save money while reducing or eliminating their smoking habit, switching to vaping can be a financially beneficial option in Canada.

Frequently Asked Questions

Does Vaping Save Money?

Yes, vaping can save money compared to smoking. While initial setup costs vary, ongoing expenses for e-liquids and coils are generally lower than purchasing cigarettes. With proper maintenance, vaping devices last longer, offering cost savings. Additionally, some regions' government taxes on vaping products do not outweigh these savings.

What Is the Cost Difference Between Vaping and Smoking?

The cost difference between vaping and smoking varies based on factors like usage habits and device type. Generally, vaping incurs lower long-term expenses due to cheaper e-liquids and device maintenance. Smoking involves higher daily costs for cigarettes, contributing to significant savings for vapers over time.

Final Thoughts

The financial analysis presented in this blog underscores the cost-effectiveness of vaping over smoking in Canada. With varying expenses for different types of vaping devices, the overall trend indicates that vaping incurs lower long-term costs compared to smoking. 

By opting for vaping, individuals can not only save money but also potentially improve their health outcomes. Opt for WAKA vapes and make a smarter choice.

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