Man holding his hands on his head.

Propecia and Finasteride Price Trends at CVS, Walgreens, and Walmart

Prices for Propecia and finasteride at America’s top three prescription drug retailers ended 2019 at essentially the same levels posted in July 2019. However, August had some peculiar price decreases.

Prices for both Propecia and its generic equivalent, finasteride, at CVS, Walgreens, and Walmart ended the second half of 2019 in December essentially where they started in July. However, the six-month period was not without a burst of volatility, which occurred primarily in August at CVS and Walgreens.

Until medical science comes up with a pill that magically and instantly restores hair lost to male pattern baldness, Propecia and finasteride are the best weapons available to fight back against this most common form of hair loss.

It’s Hereditary

Male pattern baldness, also known as androgenetic alopecia, is largely hereditary in nature. That is to say that if you inherit the gene for this form of hair loss, you are genetically sensitive to the effects of dihydrotestosterone (DHT), a derivative of testosterone, the primary male sex hormone.

In those who are genetically predisposed to this form of hair loss, DHT triggers a gradual miniaturization of hair follicles. Eventually, the follicles shrink to the point that they can no longer support the growth of hair.

Finasteride, according to the American Hair Loss Association, inhibits an enzyme known as Type II 5-alpha-reductase, which converts testosterone into DHT. Using the drug on a regular basis reduces scalp levels of DHT, thus reducing the likelihood of hair loss and creating an environment that’s conducive to new hair growth. For this reason, the AHLA recommends finasteride as “the first line of attack for all men interested in treating their male pattern baldness.”

Prices at CVS

On the price front, CVS’s price for Propecia kicked off the second half of 2019 in July at $9.50 per 1 mg tablet. For reasons that are not at all clear, it fell 54.5 percent to $4.32 in August before rebounding to $9.50 in September. It then remained at that price through the end of the year.

Equally mysterious was a sharp drop in CVS’s price for finasteride in August. From $8.12 per 1 mg tablet in July, the price fell 64 percent to $2.94 in August, climbed to $7.32 in September, and returned to $8.12 October where it remained through December.

Prices at Walgreens

Prices for Propecia at Walgreens dropped 55.4 percent from $9.75 in July to $4.35 in August. They rebounded to $9.75 in September and held steady at that level through the end of the year. Finasteride prices at Walgreens fell 67.7 percent from $7.98 in July to $2.58 in August. The finasteride price rebounded to $7.98 in September and there it stayed through December.

Prices at Walmart

Walmart somehow escaped the turbulence in Propecia and finasteride prices that was experienced at both CVS and Walgreens. The big-box store’s price for Propecia started the second half at $8.65 in July, dropped a penny to $8.64 in August and stayed there through the end of the year. Walmart’s price for finasteride was $5.63 per 1 mg tablet for all six months of the second half.

If the convenience and privacy of ordering your drugs online appeals to you, consider taking your business to Arizona-based, a longtime internet prescription drug service. Its prices for both Propecia and finasteride are lower than those at any of the top 3 conventional drug retailers. To learn more, pay a visit to eDrugstore’s Hair Loss page.

Don Amerman has spent more than three decades in the business of writing and editing. During the last 15 years, his focus has been on freelance writing. For almost all of his writing, He has done all of his own research, both online and off, including telephone and face-to-face interviews where possible. Don Amerman on Google+