The Office for National Statistics (ONS) reported that the average price for a pack of 20 king size cigarettes in the UK was £14.47 (May 2023) which works out at £5,281.55 per year for a pack-a-day smoker.
By comparison, it is estimated that a vaper (who has totally switched from smoking) could expect to pay roughly £x per year on vaping, resulting in an annual saving of around £x.
In fact, according to a 2022 report from Action on Smoking and Health UK, saving money was the second most common reason given by adult smokers for choosing to switch to vaping (16%) – cutting down on smoking was the most cited reason (17%).