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Weight Loss Medication Cost Calculator

Estimate the cost of weight loss medications in Australia including Ozempic, Wegovy, Mounjaro, Contrave and Saxenda. This calculator factors in dose escalation schedules, PBS subsidies (where applicable), and telehealth consultation fees to give you a realistic total cost over your treatment period.

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Select a TGA-approved weight loss medication

How It Works

The calculator uses current Australian pharmacy pricing for each medication at every dose level. It accounts for the dose escalation period (where you start on a lower, cheaper dose and gradually increase) and the maintenance period at the full dose. It also estimates telehealth consultation fees based on an initial consult plus quarterly follow-ups. PBS co-payment rates are $25.00 for general patients and $7.70 for concession card holders (from 1 January 2026).

Quick Reference

MedicationTypeFrequencyMonthly Cost (maintenance)PBS
OzempicGLP-1 RAWeekly injection$165 private / $25 PBSYes (T2D only)
WegovyGLP-1 RAWeekly injection$420Not yet
MounjaroGIP/GLP-1 RAWeekly injection$550 - $695No
SaxendaGLP-1 RADaily injection$387No
ContraveOralTwice daily$254No

Prices are approximate and may vary by pharmacy. Ozempic PBS price applies only to type 2 diabetes patients. PBS general co-payment is $25.00 and concession is $7.70 (from 1 January 2026).

Frequently Asked Questions

How much does Ozempic cost in Australia?
Ozempic costs approximately $130-$200 per month on a private prescription. If you have type 2 diabetes and qualify for the PBS, the cost is $25.00 per script for general patients or $7.70 for concession card holders (from 1 January 2026). Ozempic is not PBS listed for weight loss alone.
How much does Wegovy cost per month in Australia?
Wegovy costs between $250 and $450 per month depending on your dose. The initiation doses (0.25mg and 0.5mg) are around $250-$260 per month, while the maintenance dose of 2.4mg costs approximately $390-$450 per month. Wegovy is not yet PBS listed, so all patients pay the full private price.
How much does Mounjaro cost in Australia?
Mounjaro costs between $280 and $700 per month depending on your dose. The initiation dose (2.5mg) is around $280, while the higher maintenance doses (12.5mg-15mg) cost approximately $690-$700 per month. Mounjaro is not PBS listed as of early 2026.
Is Ozempic covered by the PBS for weight loss?
No. Ozempic is only PBS listed for type 2 diabetes with specific eligibility criteria, including inadequate blood sugar control despite other medications. Using Ozempic for weight loss alone requires a private prescription at the full price of $130-$200 per pen.
Are weight loss medications covered by private health insurance in Australia?
Most private health insurance policies in Australia do not cover the cost of weight loss medications. Some extras policies may partially cover GP or specialist consultations related to weight management, but the medication itself is typically an out-of-pocket expense.
What is the cheapest weight loss medication in Australia?
Contrave (naltrexone/bupropion) is the most affordable option at approximately $254 per month at the maintenance dose. It is an oral tablet taken twice daily and does not require injections. For injectable options, Ozempic on the PBS (for eligible type 2 diabetes patients) costs as little as $7.70-$25.00 per month.
Can I get compounded semaglutide in Australia?
No. The Australian government banned the prescribing and dispensing of compounded semaglutide in October 2024 due to safety concerns, including reports of inconsistent potency. Patients must use branded Ozempic or Wegovy.
Do I need to pay for telehealth consultations separately?
Yes. Since November 2025, Medicare rebates for telehealth weight loss consultations are largely no longer available. Most consultations are fully out-of-pocket, typically costing $49-$150 for an initial consult and $35-$79 for follow-ups, depending on the provider.

Related Tools

Medication Dose Calculators

Use these tools to track your dose escalation schedule and see when your next step-up is due.

Weight Loss Medication Guides

Learn more about TGA-approved weight loss medications available in Australia, including how they work, dosing schedules, side effects, and costs.

Medication Comparisons

Not sure which medication is right for you? Compare weight loss medications side by side to understand the differences in cost, effectiveness, and side effects.