There is plenty of media coverage lately focusing on the legalization of cannabis in different states throughout the country. One of the more recently addressed issues is the extreme variation in the average cost per ounce of cannabis from state to state.
As shown in the Forbes infographic below, prices ranged from as much as $387 an ounce in North Dakota to $204 per ounce in Oregon.
It should come as no surprise that the lowest prices are in Oregon and other states where recreational marijuana use has been made legal. These lowest priced states include Washington, Colorado and Alaska, coming in at $232, $243 and $294 per ounce, respectively.
However, the legality of marijuana is not the only factor that causes a fluctuation in prices. Whether or not retail dispensaries are permitted also comes in to play. For example, in Washington D.C., it is legal to use it but not to sell it commercially. For that reason, the average price in the District is slightly higher than states that have legalized. The average cost in D.C. is around $346 per ounce.
When really analyzing these prices, one can begin to see how much a person could save by moving, for example, from North Dakota to Oregon. If a person smoked 12 ounces per year, or one ounce per month, the cost of use could be cut in half, saving a whopping $2196. If the difference in cost of living was not a factor, that could equal a couple months of rent or a mortgage payment.
The average prices in each state, calculated from PriceofWeed.com could include a black market purchase or a legal purchase from a dispensary, so there is definitely room for error in the average price calculation. This data does at least give a general idea of the price differences in each state.