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The $1 tax hike will bring the states tobacco tax to second-highest in the Midwest just 6 cents behind Minnesota and tenth-highest in the U.S

And no doubt for all the smokers out there, limiting how many cigs you smoke a day or quitting altogether is definitely high up there on the list when it comes to New Year's resolutions

The new tobacco directive means graphic health warnings with photos, text and cessation information must cover 65% of the front and the back of cigarette and roll-your-own tobacco packs

Market Demand and Competitor Prices While deciding the prices, the main factors that you consider are Quality of your cigarettes Consumer demand for your cigarettes Customer economic condition Your competitor brands prices of cigarettes All these elements influence the cost of cigarettes in any market