cost of blood glucose test strips
1 Blood glucose meters require the purchase of test strips, which a diabetic patient could use up to 12 times a day. 2  Test strips are specific to the blood glucose meter and range in cost from $.35 each to $1 each, according to an article published in the Medical Laboratory Observer. Lancets (small, thin needles used to puncture the skin) are required to test a patient's blood sugar, and cost between $5 and $22 per 100 lancets, depending upon the features.Some lancets have a setting for various depths of penetration.