Money Up in Smoke

How much does smoking cost in New York? (2026)

$14.83
average pack in New York (Jan 2026), #1 most expensive of 51. State excise $5.35 + federal $1.01.
$5,413a year for a pack a day
3.8%average yearly price rise, 2016–2026
$65,186roughly, the next 10 years at that pace

A pack a day since…

StartedSpent (real New York prices)Same money in the S&P 500
2016$42,205$90,104
2006$73,224$289,198
1996$88,111$434,948

Monthly, through December 2025. S&P 500 total returns with dividends (A. Damodaran, NYU Stern). Historical illustration, not a prediction.

50+ years of pack prices in New York

$0$4$8$12$161970199020102026
1970$0.42
1980$0.66
1990$1.80
2000$3.98
2010$9.65
2020$10.47
2026$14.83

Sources: CDC, The Tax Burden on Tobacco (1970–2019); Campaign for Tobacco-Free Kids (2020–2026).

Join the trend

In New York, 9.1% of adults smoke, down from 18.1% in 2011. 22.6% are former smokers: more people in New York have quit than still smoke.

CDC Behavioral Risk Factor Surveillance System (BRFSS), 2011–2025.

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