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To calculate these numbers, we looked at three factors: E-liquid Consumption Frequency of Replacement Purchases (Coils/Pods) Average price range of e-liquids The cost of smoking based on AWLs report in 2017, the lowest average price for a pack of cigarettes are $5.72 (Kentucky), and the highest average price of smoking cigarettes are $13.95 (New York)

We can also add foam inserts to these boxes

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On the other hand, independent e-liquid manufacturers face fewer entry barriers but must navigate fragmented distribution networks and compete on price in a market dominated by commoditized flavor options