Pharmacy costs can add up fast when you consider over-the-counter drug medication for colds, flu and other health issues. Fortunately, you don’t always have to go name brand. Many pharmacies carry their own brands of drugs that cost less and use the same formulas as the other companies. So which should you buy? See our list of generic drugs and take it with you next time you go to the pharmacy.
Concerns that generic drugs aren’t as good as the name brand are incorrect. In most case, the generic brands work just as good as the name brand because the ingredients are similar and in some cases identical. The real reason store brand costs less is because stores don’t fund research and development nor large branding and advertising campaigns.
24 Tylenol PM Caplets sell for 47% more than the generic store brand.
For a box of 100 Aleve tablets, the store brand costs about 20% less.
This might be our worst deal, but it’s still worth it. You will save around 2% when buying the generic brand.
Pepto-Bismol (bismuth subsalicylate)
A 16-ounce contain will yield 21.3% savings.
You’ll save 46% on iron pills when you buy a 200 pill box.
If you want other great ideas for you budget, see our list of 5 items you should buy in bulk to help you save at the checkout counter.