The grass might be greener on the other side of legalization, but it’s definitely cheaper. According to Bloomberg, the average legal marijuana user spends only $647 per year on weed.

A cannabis intelligence firm, Headset Inc., reviewed approximately 40,000 dispensary purchases made in Washington State from September 2014 to July 2016 and found that the average recreational pot consumer is a 37-year-old man who spends $647 annually on bud, with approximately 19.5 days between purchases.

Bloomberg reports that while the average age of legal marijuana consumers is 37, millennials make most of the pot purchases, with over 50 percent of consumers aged 21 to 34. According to the data, customers in their twenties spend an average of $27 per purchase but make dispensary visits more often than other generations, a median of every 16 days. Comparatively, those in their thirties visit every 18.2, and those in their forties visit every 20 days, with the median spend per trip also increasing with age.

“As you’re older, you might have more money to go and make bigger purchases,” Headset co-founder Cy Scott explained. “The millennials might be out and about more; they can drop into [marijuana dispensaries] more often. Older people might just plan more.” 

In terms of biggest annual spenders, that would be Generation X. The data shows that legal pot consumers in their forties spend approximately $823 annually and those in their fifties spend $753.

And pot prices continue to drop in legalized states, currently at a rate of two percent per month with the potential to shrink 25 percent each year. Of course, we don’t all have the luxury of living where weed is legal, and if our monthly THMQ shows us anything, it’s that the average U.S. marijuana consumer is most likely paying much more than $647 per year for weed.

But you tell us! On average, how much do you spend per year on pot?

7 Comments Hide Comments
  • Christopher

    I spent over 5k on weed just for myself last year, the shit is expensive in the Northeast and I’m a heavy user (gram of oil/day and 2grams flower/day)

    • Tripin S

      That’s about what I do, but here on the West Coast that is WAY cheaper. And it’s super chron too.

  • JackSchitt

    I use approximately 1oz per month to smoke @ $270 per oz = $3240 + 1oz for good measure = $3510.
    and
    I use 2oz of the regs for my tea @ $90 per oz = $180 X 12 = $2160.
    That’s $5670 per year and IF I could afford the oil I would be taking that for sure.
    I make about $12,000 per year.
    Unfortunately, I am on Social Security and Medicare and I live in Florida

  • Justice76

    I smoke about an oz a week but only buy from farmers markets for $150.00 an oz in Lansing Mi.
    I also only buy between grows so annually I spend about $1,200.
    Since I got my card I still save money from quitting tobacco and I feel way better so price is not a real factor to feel years younger.

  • salif jolio

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  • John Smith

    I spend 250$ a week between me and my wife. We smoke 1oz 10 days .

  • Isaac Beam

    Haha yeah right!! The survey tells the real truth. If I’m paying $15 a gram for good bud in an Oregon dispensary, there’s no conceivable way that I’m spending under 1k a year, especially if I can go through an eighth in 2-3 days by myself.

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