Man with receding hairline.

Propecia and Finasteride Prices at CVS, Walgreens, and Walmart

Fight back against male-pattern baldness with Propecia, or finasteride. Prices for these hair-loss medications were fairly steady at CVS and Walgreens in May 2022, yet Walmart saw more price instability.


Fighting a losing battle against male-pattern baldness? You’re hardly alone. According to the American Hair Loss Association, roughly 85 percent of all men experience significant hair thinning by the age of 50. The primary culprit behind that hair loss is male-pattern baldness, also known as androgenetic alopecia.

Some men choose to surrender to the progressive hair loss process and shave their heads. Others opt instead to conceal it by covering it up with replacement strategies, including hairpieces, while still others pay hefty sums for hair transplants.

Finasteride Is the Best Option

If you’d like to try to halt the hair loss process and even regrow some of the hair you’ve lost, your best option, according to the AHLA, is finasteride, which is also sold under the brand name Propecia.

Originally approved in 1992 as a treatment for benign prostatic hyperplasia (BPH), a noncancerous enlargement of the prostate gland, finasteride also won approval from the Food and Drug Administration in 1997 as a hair-loss treatment. After FDA approval, Pfizer marketed finasteride as Propecia.

‘First Line of Attack’

Medical scientists around the globe continue to search for even more effective weapons against male-pattern baldness. However, for now, Propecia and finasteride are your best choices. The AHLA recommends finasteride “as the first line of attack for all men interested in treating their male-pattern baldness.”

Researchers have found that the primary culprit behind male-pattern baldness is dihydrotestosterone, a derivative of testosterone. It shrinks hair follicles to the point that they can no longer support hair growth. Finasteride helps to reduce scalp levels of DHT by blocking the effects of an enzyme known as type II 5-a reductase. The offending enzyme triggers the conversion of testosterone to DHT. With less of the enzyme around, scalp levels of DHT decrease significantly.

May 2022 Prices

Pricing Trend

Prices for a 1 milligram tablet of Propecia held steady for all three retailers until August 2021. Currently, in May 2022, CVS charges $4.03 and Walgreens has stayed at $4.40. Walmart, as of May 2022, sits at $3.89, a 19-cent increase since March. 

As of May 2022, the top three retailers’ prices for a 1 milligram tablet of finasteride also remained stable. CVS’ price has stayed at 99 cents, while Walgreens’ price rose by a penny to $1.19. Walmart has stayed at $1.12. All prices are significantly higher than the industry average of 71 cents, which dropped three cents from April.

Both Drugs Available Online

For men who prefer the convenience of ordering their drugs online, both Propecia and finasteride are available at eDrugstore.com, a longtime prescription drug service based in Tempe, Arizona. Its prices for Propecia and finasteride in February are $5.36 and $0.59, respectively.

When you order your medications through eDrugstore, the price you pay covers not just the medications but a handful of added-value services as well. These include free shipping as well as a complimentary consultation service that connects you online to a licensed U.S. physician who can authorize a prescription if you are deemed an appropriate candidate.

To learn more about Propecia or finasteride, visit our hair loss page.

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