What is the Annual Cost of Addiction?
If you’ve ever been out for a night on the town, or perhaps at a recreational event, such as an amusement park, you’ve probably noticed that the cost of an alcoholic drink is outrageously high. Whether you’re talking craft beer or fine wines, the annual cost of alcohol can drain a bank account no time.
Additionally, active addicts understand how expensive their drug habit can be. Maybe they start off using occasionally, but over time the more they become addicted, the more often they use. Buying cocaine once a week can increase to once every day or two, emptying the savings account fast.
The annual cost of addiction
The annual cost of addiction is larger than most people realize. Substance abuse impacts the economy greatly year after year, with approximately 249 billion dollars for alcohol and 193 billion dollars for illegal drugs. The cost associated with such includes healthcare, crime, and economic productivity.
How much does alcohol cost America yearly?
You may not think that having a couple of drinks every so often or binge drinking every couple weeks has much of an impact on America. However, according to the Center for Disease Control and Prevention, excessive drinking cost the United States 3.5 billion dollars a year.
What is the opioid epidemic costing America yearly?
You’ve probably heard about the opioid epidemic. The nightly news covers stories on it regularly. What does it cost in America yearly? About 78.5 billion, according to the National Business Group on Health.
The cost of addiction
Substance abuse issues and addiction in the job force has caused plenty of negative consequences. There is a higher incidence of illnesses and injuries, which means increase spending when it comes to health care. There are more people who miss days of work due to the addiction, productivity is reduced, as well as work performance. Other employees are put in danger of accidents when addicts show up under the influence of alcohol or drugs. Also, disability claims and workers compensation increases.
The cost of addiction on the road
Whether someone is under the influence of alcohol or drugs, the cost of addiction on the road means more accidents and deaths each year. In fact, in 2014, almost 10,000 men and women died from alcohol-impaired driving fatalities.
The human cost of addiction
The amount of drug overdoses continues to rise each year. Alcohol deaths are holding steady as well, as alcohol poisoning kills more people than it should each year. In fact, today there are more people who die from alcohol-related causes of accidents in a vehicle.
Those who are incarcerated
Many inmates who are incarcerated have substance abuse problems, with some estimates coming in at 80%. Around 60% of men and women arrested are under the influence of alcohol or drugs.
The cost of addiction on health
Deaths associated with alcohol or drug addiction are quite high when it comes to preventive preventable deaths. This means that almost 90,000 people per year are dying directly due to their regular alcohol or drug abuse.
The cost of addiction and state government
Approximately 16% of each state budgets for substance abuse and addiction. This percentage has been increasing year after year and doesn’t seem to be slowing down anytime soon, especially with the opiate crisis going on. More money is spent by the local government on substance abuse and addiction over overall spending on public welfare and transportation. This number could reach well over 90 billion dollars.
The cost of addiction and alcoholism per drinker
There are many people drink or use drugs regularly that will never tally up just how much it cost them per year. The reality is that the cost of addiction can be huge. For example, for someone who drinks one bottle of wine each night at let’s say, $8 per bottle, that equals $2,920 per year. Or let’s say you drink a 12-pack of beer every night with that 12-pack costing $9. You’ll spend $3,285 each year.
Ever received a DUI? A DUI can cost someone at least $10,000 if it’s a first-time offense. It’s much more if it’s a second offense. Just the cost of public intoxication alone can cost someone between $150 and $200.
The cost of addiction: Meth
Meth can be quite expensive. Just 1/4th of a gram equals approximately one dose. The high that someone gets from this can last about 4 hours to one day, depending on the strength and purity. It’s not unheard of for someone who has been on meth for a while to build up a tolerance and spend hundreds of dollars a day on their drug addiction.
Someone who uses 1/4th a gram of meth per day at let’s say, $25 each, will spend $9,125 per year. Someone who uses one gram of meth per day at $100 will spend $36,500 yearly. That’s the hefty cost of addiction. Someone who gets arrested for possession of meth can be fined $5,000 and spend a year in jail.
Cocaine cost more than meth, so the number can increase dramatically for someone who has a cocaine addiction. One gram of cocaine a day at 50 dollars each, can equal $21,900 per year. Let’s say someone uses an 8-ball or 3.5 gram of cocaine a day at $150. That will equal $54,750 per year. If someone gets arrested with cocaine in his or her possession, they will be fined about $5,000 and spend one year in jail.
With the opiate epidemic going on, it’s important to know what the cost of opiate addiction costs yearly. Oxycontin is a common opiate. A 10-mg tablet sold illegally will sell for between $5 and $10. Someone who purchases an 80-mg tablet will pay about $65. Let’s say someone has a one-pill-a-day habit of Oxycontin at $10 per pill. They’ll spend $3,650 a year.
Heroin is very common as well, with a single hit costing about $10. That equals $3,650 a year as well. Someone who has a daily heroin habit, and needs to use heroin each day will spend about $150 per day. This can equal $54,750 per year. That’s an outstanding amount of money.
What does all this mean?
This means that the cost of addiction is costing America a huge sum of money each year. There are costs involved for the addict or alcoholic, but there’s also a cost involved for each person, whether that’s collected in taxes or other ways.
It’s no secret that there’s an addiction problem going on. More and more people are talking about it openly now, and there’s less stigma attached as well. Addicts and alcoholics are looked less like losers or those who just don’t have willpower, and more like individuals who are struggling with a disease of the brain.
Yes, cost of addiction is huge, and so the cost of treatment needs to be sizeable as well. Treatment is not cheap, but it is worth it. As with any disease, there need to be avenues where struggling addicts and alcoholics can get their medicine or treatment in affordable ways. There are some insurances now that cover rehab treatment, but there could be more.
Are you struggling with alcoholism or addiction?
Perhaps you or a loved one are struggling with alcohol or addiction. Maybe the cost of addiction for you has been very high, either in monetary value or an emotional distress. If so, know that you are not alone and that there are treatment facilities and substance abuse professionals who can assist you in getting free from the disease of addiction. No longer do you have to struggle, whether it’s alcohol that you struggle with, an opiate, or an illegal drug.
There are various paths to recovery, including inpatient or outpatient treatment, 12-step programs, support groups, online forums and meetings, and substance abuse professionals. There are also some newer treatments out there like acupuncture or meditation. It’s not like there’s a right or wrong route, it’s just discovering what works for you.
If you’re struggling and you need some assistance, feel free to give us a call and we will you direct you toward the best possible treatment for you. You may desire to attend an inpatient rehab center. We can assist you in finding a great location for you. Or perhaps you need something closer to home, and we can assist you with that as well.
Take your first step today toward your recovery and your freedom. There is a beautiful life on the other side of addiction or alcoholism. It will take some hard work on your part, but it is possible to experience a freedom and peace that comes from how life alcohol and substance free.
Even if you simply want to cut down on your substance use, that desire is your first step toward accomplishing this. Maybe you can’t fathom stopping altogether. That’s quite common. Know that you can begin with cutting down, or at least just having a conversation with a specialist to see the best path for you. Some people can stop abruptly, and others need to wean off the substance.
Speaking with a specialist can be quite helpful. An assessment can be made and a treatment plan created by you and the specialist that will lead you down your path to freedom. You may also consider going through a season of counseling to deal with any underlying issues that may be going on.
Please pick up that phone and reach out for the help today. There is help for addiction and alcoholism. Take your first step today.