In short
- Finasteride 1 mg is an FDA-approved daily tablet for male pattern hair loss in men only; topical minoxidil is FDA-approved without a prescription for men and women.
- In finasteride’s 12-month trials of 1,879 men, 14% on finasteride had further hair loss against 58% on placebo.
- In a 48-week trial of 393 men, 5% topical minoxidil produced 45% more regrowth than the 2% strength.
- In a 12-month study of 450 men, 94.1% improved on both together, against 80.5% on finasteride alone and 59% on minoxidil alone.
- As of October 2026, FDA-approved generic finasteride tablets cost $18 to $55 a month at the online providers that publish a price (regular prices), and topical minoxidil from $15.
Finasteride and minoxidil are the two treatments for pattern hair loss with the most evidence behind them, and they do different jobs. Finasteride is a daily tablet that lowers DHT, the hormone that shrinks hair follicles in male pattern hair loss. Minoxidil is applied to the scalp and stimulates growth where it goes on. Finasteride is FDA-approved for men only; topical minoxidil is approved without a prescription for men and women.
They are not rivals so much as partners. In a 12-month study of 450 men, the combination helped more men than either one alone. Below are the trial numbers, side effects and October 2026 prices side by side.
How each one works
Male pattern hair loss is driven by dihydrotestosterone (DHT). In people who are genetically sensitive to it, DHT gradually shrinks follicles on the crown and hairline until they produce thin, short hairs or none at all.
- Finasteride blocks the type II 5-alpha reductase enzyme that turns testosterone into DHT. Less DHT means less pressure on the follicles, so it mainly slows or stops loss, and in many men regrows some hair.
- Minoxidil does not touch hormones. It was first a blood pressure tablet, and how it regrows hair is not fully understood. Applied to the scalp, it stimulates growth where it goes on, and only while you keep using it.
| Finasteride | Topical minoxidil | |
|---|---|---|
| Form | 1 mg tablet, once a day | 2% or 5% solution, or 5% foam |
| Prescription | Yes | No |
| Approved for | Male pattern hair loss, men only | Hereditary hair loss, men and women |
| How it helps | Lowers DHT | Stimulates growth where applied |
| Time to see a change | 3 months or more | 2 to 4 months (men), 3 to 6 months (women’s foam) |
| If you stop | Effect reverses within 12 months | Regrown hair is lost |
What the trials show
Finasteride
The Propecia label reports three 12-month trials in 1,879 men aged 18 to 41 with mild to moderate hair loss, with extension studies that ran to 5 years.
| Result | Finasteride | Placebo |
|---|---|---|
| Further hair loss at 12 months | 14% | 58% |
| Further hair loss at 2 years | 17% | 72% |
| Further hair loss at 5 years | 35% | 100% |
| Hair growth rated increased at 12 months | 65% | 37% |
| Hair growth rated increased at 5 years | 77% | 15% |
The placebo groups shrank over the years, so the 5-year comparison rests on few men, but the direction holds throughout: men who took finasteride were far less likely to keep losing hair.
Minoxidil
In a 48-week trial of 393 men, 5% topical minoxidil twice a day was clearly better than the 2% strength and placebo, with 45% more regrowth than 2% and an earlier response. It also caused more itching and irritation than the 2% solution. The men’s Rogaine label says results may show at 2 months with twice-a-day use, and some men need at least 4 months.
Head to head, and together
The 450-man study published in Dermatologic Therapy in 2015 randomly assigned men to finasteride 1 mg, 5% topical minoxidil, or both, for 12 months:
| Group | Men who improved at 12 months |
|---|---|
| Finasteride alone | 80.5% |
| 5% minoxidil alone | 59% |
| Both together | 94.1% |
Side effects were uncommon in that study (1.8% on finasteride and 6.1% on minoxidil). It was a single study in Chinese men, so treat the exact percentages as one data point, but it matches the way dermatologists usually use the two drugs: finasteride to protect what you have, minoxidil to push regrowth.
Side effects
Finasteride has no boxed warning, but its label lists serious postmarketing reports. These include depression, suicidal ideation and behavior, and sexual problems that continued after men stopped the drug. In the first-year trials, decreased libido (1.8% vs 1.3% on placebo), erectile dysfunction (1.3% vs 0.7%) and ejaculation disorder (1.2% vs 0.7%) were slightly more common than on placebo. Finasteride also lowers PSA, which matters for prostate cancer screening, and women who are or may be pregnant should not handle crushed or broken tablets. Our finasteride side effects guide covers each one.
Topical minoxidil mostly causes scalp irritation, itching and, sometimes, unwanted facial hair. The Drug Facts label says to stop and ask a doctor if you have chest pain, a rapid heartbeat, faintness, dizziness, sudden weight gain or swollen hands or feet.
Oral minoxidil is a different matter. The tablets are approved only for severe high blood pressure and carry a boxed warning for fluid around the heart and worsening angina, so low-dose use for hair loss is off-label. See oral vs topical minoxidil.
Which one fits you
- If you are a man and your hairline or crown is thinning, finasteride addresses the cause. Pairing it with minoxidil gives the best odds, based on the study above.
- If you are a woman, minoxidil is the approved option. Finasteride is not approved for women. See the best hair loss treatments for women.
- If you want to avoid hormonal effects, minoxidil alone is the choice, accepting that it does less to slow loss in men.
- If you are worried about finasteride’s sexual or mood side effects, raise them with a clinician before starting. Topical finasteride is sometimes offered as an alternative, but it is compounded, not FDA-approved, and the subject of a 2025 FDA alert. See topical vs oral finasteride.
What they cost in October 2026
These are the published monthly prices at the online providers we track, read on October 18, 2026.
Scroll sideways to see the full table
| Treatment | Lowest | Highest | Notes |
|---|---|---|---|
| Oral finasteride 1 mg | $18 | $55 | Regular prices; Rex MD shows $13.50 during a promotion; Strut Health is $25 for 30 tablets |
| Topical minoxidil | $15 | $19 | Hims serum and foam, without a prescription |
| Finasteride and minoxidil topical blend | $35 | $193 | Compounded, not FDA-approved; the top is Hone Health with its Premium membership |
| Finasteride and minoxidil chew or capsule | $35 | $90 | Compounded, not FDA-approved |
Generic finasteride from Hims starts at $22 a month and from Strut Health costs $25, with physician visits and shipping included. Keeps charges $80 for 90 tablets, about $26.67 a month. Our cheapest finasteride list ranks every provider by price.
A finasteride tablet plus a minoxidil solution bought separately usually costs less than a compounded blend that combines them. Hims is the exception: its spray starts at $35 a month, against $37 for its finasteride and minoxidil serum bought separately. The blends are more convenient, one product instead of two, but they are not FDA-approved, and no trial has tested the specific blends sold online. Compare them on our prescription serums and sprays list.
The bottom line
Finasteride is the stronger single treatment for men with male pattern hair loss: in its trials, far fewer men kept losing hair on it than on placebo. Minoxidil is the treatment approved for both men and women, and it adds regrowth on top. Used together, they helped the most men in a direct comparison.
Neither works overnight, and both stop working when you stop. Talk through the side effects with a licensed clinician, then compare providers on our hair loss hub.
Questions, answered
Is finasteride or minoxidil better for hair loss?
Can I use finasteride and minoxidil together?
How long do finasteride and minoxidil take to work?
Can women use finasteride?
Sources
- Propecia (finasteride 1 mg) prescribing information, DailyMed (updated Oct 14, 2024)
- Men’s and Women’s Rogaine Drug Facts labels, DailyMed
- Olsen et al., 5% vs 2% topical minoxidil in men, J Am Acad Dermatol 2002
- Hu et al., oral finasteride with topical minoxidil in 450 men, Dermatol Ther 2015
- Minoxidil tablets label, DailyMed (effective Jan 21, 2026)
- FDA: potential risks of compounded topical finasteride (Apr 22, 2025)
- Hims: hair loss prices (read Oct 18, 2026)
- Strut Health: oral finasteride (read Oct 18, 2026)