Introduction: The introduction of active new agents for refractory metastatic colorectal cancer (mCRC), such as regorafenib and trifluridine/tipiracil, is associated with a relevant increase of costs and it might be interesting to make a balance between the costs of treatment and the added value represented by the improvement of the clinical parameters of interest such as OS (overall survival). Methods: Pivotal phase III randomized controlled trials (RCTs) of regorafenib and trifluridine/tipiracil in refractory mCRC were considered. Differences in OS (expressed in months) between the different arms were calculated and compared with the pharmacological costs (at the Pharmacy of our Hospital) needed to get one month of OS. The costs of drugs are at the Pharmacy of our Hospital and are expressed in euros (€). We assumed the following costs: 2299 € for 1 month of therapy with regorafenib at dose of 160 mg daily, 1160 € for 1 month of therapy with trifluridine/tipiracil at dose of 35 mg per square meter twice daily. Calculations were based on an “ideal patient” (BSA 1.8 sqm; weight 70 Kg). The dosage of drugs were considered according to those reported in each RCT. We have subsequently applied the European Society for Medical Oncology Magnitude of Clinical Benefit Scale (ESMO-MCBS) to the above phase III RCTs. Results: Three phase III RCTs (RECOURSE, CORRECT and CONCUR trials), including 1764 patients, were considered. ESMO-MCBS reached grade 3 for the CONCUR trial, grade 2 for the RECOURSE trial and grade 1 for the CORRECT trial. Combining the costs of therapy with the measure of efficacy represented by the OS, we get the costs for obtaining the advantage in OS, for each arm of the analyzed trials. Trifluridine/tipiracil (RECOURSE trial) resulted the less expensive, with 967 € per month OS-gained towards the CONCUR trial and CORRECT trial, with 2207 € and 2956 € per month OS-gained, respectively, mainly due to the increase in OS difference compared to placebo. Conclusion: Combining pharmacological costs of drugs with the measure of efficacy represented by the OS, trifluridine/tipiracil is a cost-effective treatment for patients with refractory mCRC.