How much does cocaine cost? If you've read about the lives of John Belushi or Chris Farley, or have been watching the news about the War Against Drugs as it plays out in Mexico and beyond, you might be asking yourself that very question.
When people ask about the cost of cocaine, they typically want to know its monetary value when sold on the street. However, before you know how much cocaine costs, at least in terms of monetary value, you should know some basic facts about cocaine.
In the United States, a gram of cocaine costs anywhere from $50 to $80, depending upon the grade of the cocaine, how it's cut and what it's cut with. When sold on the street, cocaine is rarely, if ever, sold in its pure form, and is "cut"—mixed—with another ingredient. Another important factor is the geographic location in which the cocaine is purchased.
Typically cocaine is sold in metric units. An "eight ball" is 3.5 grams of cocaine. To determine the price of an eight ball, simply multiply a gram of cocaine's value by a factor of 3.5. In terms of the price of cocaine per ounce and per pound:
In addition to those things, the cost of cocaine depends upon the law of supply and demand. If demand for cocaine goes down, then the price of cocaine, accordingly, will go down. If the demand for cocaine goes up, then the price of cocaine, accordingly, will go up. If the supply of cocaine goes down, and demand remains fixed, then the price of cocaine will go up. If the supply of cocaine goes up, and demand remains fixed, then the price of cocaine will go down.
There are other cost factors, however, that should be taken into consideration when someone asks, "how much does cocaine cost?" Perhaps the questions that ought to be asked are: