This is correct. Do you know what percent of lung cancer is attributable to smoking? 90%! 9/10 lung cancer deaths are attributable to smoking.
Compare this to ~5% of cancer related death attributable to alcohol use.
It's just not even an accurate comparison.
To be honest though? I am willing to bet that cost to healthcare system for alcohol related illness is outpacing that of smoking related illness. Cirrhosis of the liver is a very costly disease when it gets close to end stage.