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Prices checked 2026-04-03

Cheapest weight loss medication in Australia

All 6 TGA-approved medications ranked from cheapest to most expensive, with annual costs and a value analysis showing cost per percentage point of weight lost.

Monthly cost ranking

#MedicationMonthly costAnnual costTypeAvg. loss
1Xenical (OTC)$40–60$480–720Tablet2–3%
2Xenical (Rx)$80–100$960–1,200Tablet3–5%
3Duromine$80–120$240–360*Tablet5–10%
4Contrave$250–330$3,000–4,000Tablet5–10%
5Mounjaro$350–500$4,200–6,000Injection~21%
6Wegovy$400–460$3,800–5,200Injection15–17%

*Duromine annual cost based on 12-week maximum treatment period only.

Cheapest ≠ best value

The cheapest medications (Xenical, Duromine) produce the least weight loss. When you calculate cost per percentage point of weight lost, the expensive GLP-1 injections actually offer competitive value:

MedicationYear 1 costAvg. % lostCost per 1% lostValue rating
Duromine~$3007.5%$40★★★★★
Mounjaro~$5,10021%$243★★★★
Xenical~$1,0004%$250★★★
Wegovy~$4,50016%$281★★★★
Contrave~$3,6007.5%$480★★

Duromine offers the best cost-per-percentage but only works for 12 weeks. For long-term treatment, Mounjaro and Wegovy offer the best value despite higher monthly costs.

If Wegovy gets PBS listed

The equation changes dramatically. At ~$31.60/script, PBS-subsidised Wegovy would cost approximately $380/year — making it by far the cheapest AND one of the most effective options. However, the eligibility criteria are narrow (BMI ≥35 + cardiovascular disease).

Full PBS guide →

Ways to reduce costs

  1. Compare telehealth providers — prices vary by $50–100/month for the same medication
  2. Use discount pharmacies for e-scripts (Chemist Warehouse is typically cheapest)
  3. Discuss dose optimisation — some patients maintain results on a lower dose
  4. Start with Duromine as a $300 kickstart, then transition to a GLP-1
  5. Check PBS eligibility — Ozempic for diabetes, Wegovy when listed

Full cost guide with strategies →

Cheapest telehealth providers →

Calculate your costs

Estimate monthly and annual costs for any medication.

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