LLM API pricing comparison

Input and output token prices for 290 large language models from OpenAI, Anthropic, Google, Meta, DeepSeek, Mistral, xAI, Alibaba and others, with Arena ELO quality scores and cost per request for 8 business use cases. Prices in USD per 1 million tokens. Data snapshot: 2026-10-14; Arena ELO as of 2026-10-08.

Models by maker · Compare cloud compute pricing · Price barometer · FinOps guides · API and MCP server · Machine-readable JSON API

From 7 Oct to 14 Oct: 3 price changes (2 up, 1 down) among 282 models compared. 29 other moves are flagged as a change of quoted host or an outlier listing. See the price barometer for every move.

All models, highest Arena score first

ModelProviderCategoryInput /1MOutput /1MContextArena ELO
Claude Opus 5.5 Anthropic Frontier $4.00 $20.00 1M 1507
Claude Fable 5 Anthropic Frontier $10.00 $50.00 1M 1504
Claude Fable 5.1 Anthropic Frontier $10.00 $50.00 1M 1501
Claude Opus 4.6 Anthropic Frontier $5.00 $25.00 1M 1498
Claude Opus 4.7 Anthropic Frontier $5.00 $25.00 1M 1494
Claude Opus 5 Anthropic Frontier $5.00 $25.00 1M 1490
Kimi K3 Moonshot Mid-tier $0.73 $10.00 1M 1488
Gemini 3.1 Pro Preview Google Mid-tier $2.00 $12.00 1M 1487
Gemini 3.7 Flash Google Mid-tier $0.75 $3.75 1M 1486
GPT-5.6 Sol OpenAI Frontier $4.00 $20.00 1M 1485
Gemini 3.6 Flash Google Mid-tier $0.75 $3.75 1M 1482
GLM 5.3 Zhipu Mid-tier $0.07 $4.80 1M 1478
Gemini 3.5 Flash Google Mid-tier $1.50 $9.00 1M 1478
GPT-5.5 OpenAI Frontier $5.00 $30.00 1M 1477
Claude Sonnet 5.5 Anthropic Mid-tier $2.00 $10.00 1M 1476
GLM 5.3 Flash Zhipu Budget $0.036 $0.90 1M 1475
GLM 5.2 Zhipu Mid-tier $0.05 $7.00 1M 1475
Qwen3.7 Max Alibaba Mid-tier $1.475 $4.425 1M 1475
Grok 4.20 xAI Mid-tier $1.25 $2.50 2M 1475
Claude Opus 4.8 Anthropic Frontier $5.00 $25.00 1M 1474
Claude Sonnet 4.6 Anthropic Frontier $3.00 $15.00 1M 1472
Grok 4.20 Multi-Agent xAI Mid-tier $1.25 $2.50 2M 1470
Claude Opus 4.5 Anthropic Frontier $5.00 $25.00 200K 1470
GPT-5.6 Terra OpenAI Mid-tier $2.00 $12.00 1M 1466
Grok 4.5 xAI Mid-tier $2.00 $6.00 500K 1466
GPT-5.4 OpenAI Frontier $2.50 $15.00 1M 1465
GLM 5.1 Zhipu Mid-tier $1.33 $4.18 205K 1464
Claude Sonnet 5 Anthropic Mid-tier $2.00 $10.00 1M 1461
Kimi K2.6 Moonshot Mid-tier $0.65 $3.41 262K 1461
DeepSeek V4 Pro 0423 DeepSeek Budget $0.9553 $1.9105 1M 1458
GLM 5 Zhipu Budget $0.60 $1.92 205K 1458
Qwen3.7 Plus Alibaba Budget $0.32 $1.28 1M 1456
Gemini 3.5 Flash Lite Google Mid-tier $0.30 $2.50 1M 1455
Claude Sonnet 4.5 Anthropic Frontier $3.00 $15.00 1M 1455
Grok 4.6 xAI Mid-tier $2.00 $6.00 500K 1454
GPT-5.6 Luna OpenAI Budget $0.20 $1.20 1M 1452
Kimi K2.5 Moonshot Mid-tier $0.50 $2.50 262K 1450
Qwen3.5 397B A17B Alibaba Mid-tier $0.50 $3.60 262K 1442
MiniMax M3 MiniMax Budget $0.30 $1.20 1M 1440
GPT-5.1 (deprecated) OpenAI Mid-tier $1.25 $10.00 400K 1439
Qwen3.8 27B Alibaba Mid-tier $0.04 $2.30 1M 1438
DeepSeek V4 Flash 0423 DeepSeek Budget $0.091 $0.182 1M 1436
GPT-5.2 OpenAI Mid-tier $1.75 $14.00 400K 1435
GPT-5 (deprecated) OpenAI Mid-tier $1.25 $10.00 400K 1435
o3 (deprecated) OpenAI Mid-tier $2.00 $8.00 200K 1432
DeepSeek V3.2 DeepSeek Budget $0.259 $0.80 164K 1425
Kimi K2 0711 Moonshot Mid-tier $0.57 $2.30 131K 1418
Qwen3.5-122B-A10B Alibaba Mid-tier $0.26 $2.08 262K 1416
GPT-4.1 OpenAI Mid-tier $2.00 $8.00 1M 1415
Claude Haiku 4.5 Anthropic Mid-tier $1.00 $5.00 200K 1414
Mistral Large (deprecated) Mistral Mid-tier $2.00 $6.00 128K 1414
Qwen3.5-27B Alibaba Mid-tier $0.26 $2.60 262K 1409
o1 (deprecated) OpenAI Frontier $15.00 $60.00 200K 1402
R1 DeepSeek Mid-tier $0.70 $2.50 64K 1398
Qwen3.5-35B-A3B Alibaba Budget $0.15 $1.00 262K 1394
MiniMax M2.5 MiniMax Budget $0.27 $1.08 205K 1391
Claude Sonnet 4 (deprecated) Anthropic Frontier $3.00 $15.00 200K 1391
o4 Mini (deprecated) OpenAI Mid-tier $1.10 $4.40 200K 1391
GPT-5 Mini OpenAI Mid-tier $0.25 $2.00 400K 1390
GPT-4.1 Mini OpenAI Budget $0.40 $1.60 1M 1383
o3 Mini High (deprecated) OpenAI Mid-tier $1.10 $4.40 200K 1364
o3 Mini (deprecated) OpenAI Mid-tier $1.10 $4.40 200K 1348
GPT-4o OpenAI Mid-tier $2.50 $10.00 128K 1336
Llama 4 Maverick Meta Budget $0.1875 $0.6525 1M 1327
GPT-4 Turbo (deprecated) OpenAI Frontier $10.00 $30.00 128K 1324
Llama 4 Scout Meta Budget $0.18 $0.59 1M 1322
Llama 3.3 70B Instruct Meta Budget $0.59 $0.79 131K 1318
GPT-4o-mini OpenAI Budget $0.15 $0.60 128K 1318
Llama 3.1 70B Instruct Meta Budget $0.40 $0.40 131K 1293
Gemma 2 27B Google Budget $0.65 $0.65 8K 1289
Phi 4 Microsoft Budget $0.07 $0.14 16K 1256
Llama 3.1 8B Instruct Meta Budget $0.05 $0.08 131K 1211
Aion 3.5 aion-labs Mid-tier $3.00 $6.00 262K
Aion 3.5 Mini aion-labs Budget $0.70 $1.40 262K
Aion-2.0 aion-labs Budget $0.80 $1.60 131K
Aion-3.0 aion-labs Mid-tier $3.00 $6.00 131K
Aion-3.0-Mini aion-labs Budget $0.70 $1.40 131K
Aion-RP 1.0 (8B) aion-labs Budget $0.80 $1.60 33K
Qwen-Plus Alibaba Budget $0.26 $0.78 1M
Qwen3 14B Alibaba Budget $0.12 $0.24 41K
Qwen3 235B A22B Instruct 2507 Alibaba Budget $0.09 $0.55 262K
Qwen3 235B A22B Thinking 2507 Alibaba Mid-tier $0.45 $3.50 128K
Qwen3 30B A3B Alibaba Budget $0.12 $0.50 41K
Qwen3 30B A3B Instruct 2507 Alibaba Budget $0.10 $0.30 262K
Qwen3 32B Alibaba Budget $0.08 $0.28 131K
Qwen3 Coder 480B A35B Alibaba Budget $0.30 $1.00 262K
Qwen3 Coder Flash Alibaba Budget $0.195 $0.975 1M
Qwen3 Coder Next Alibaba Budget $0.12 $0.80 262K
Qwen3 Next 80B A3B Thinking Alibaba Budget $0.15 $1.20 262K
Qwen3 VL 30B A3B Thinking Alibaba Budget $0.29 $1.00 262K
Qwen3.5 Plus 2026-02-15 Alibaba Budget $0.26 $1.56 1M
Qwen3.5 Plus 2026-04-20 Alibaba Budget $0.30 $1.80 1M
Qwen3.5-9B Alibaba Budget $0.10 $0.15 262K
Qwen3.5-Flash Alibaba Budget $0.065 $0.26 1M
Qwen3.6 27B Alibaba Mid-tier $0.32 $3.20 262K
Qwen3.6 35B A3B Alibaba Budget $0.10 $0.95 262K
Qwen3.6 Flash Alibaba Budget $0.1875 $1.125 1M
Qwen3.6 Plus Alibaba Budget $0.325 $1.95 1M
Qwen3.7 Flash Alibaba Budget $0.03 $0.13 1M
Qwen3.8 2.4T A95B Alibaba Mid-tier $2.00 $6.00 1M
Qwen3.8 Flash Alibaba Budget $0.15 $0.47 1M
Qwen3.8 Max (0902) Alibaba Mid-tier $2.00 $6.00 1M
Qwen3.8 Max Prime Alibaba Mid-tier $4.00 $12.00 1M
Qwen3.8 Omni Flash Alibaba Budget $0.15 $0.47 1M
Nova 2 Lite Amazon Mid-tier $0.30 $2.50 1M
Nova Lite 1.0 Amazon Budget $0.06 $0.24 300K
Nova Micro 1.0 Amazon Budget $0.035 $0.14 128K
Nova Premier 1.0 Amazon Mid-tier $2.50 $12.50 1M
Nova Pro 1.0 Amazon Mid-tier $0.80 $3.20 300K
Claude Haiku 5.5 Anthropic Budget $0.10 $0.50 1M
Trinity Large Thinking arcee-ai Budget $0.25 $0.80 262K
Seed 1.6 ByteDance Mid-tier $0.25 $2.00 262K
Seed 1.6 Flash ByteDance Budget $0.075 $0.30 262K
Seed 2.1 Turbo ByteDance Mid-tier $0.50 $2.50 262K
Seed-2.0-Code ByteDance Mid-tier $0.50 $3.00 262K
Seed-2.0-Lite ByteDance Mid-tier $0.25 $2.00 262K
Seed-2.0-Mini ByteDance Budget $0.10 $0.40 262K
UI-TARS 7B bytedance Budget $0.10 $0.20 128K
Command A Cohere Mid-tier $2.50 $10.00 256K
Command A+ Cohere Budget $0.30 $1.50 192K
Command R (08-2024) Cohere Budget $0.15 $0.60 128K
Command R+ (08-2024) Cohere Mid-tier $2.50 $10.00 128K
Command R7B (12-2024) Cohere Budget $0.0375 $0.15 128K
DeepSeek V3 DeepSeek Budget $0.32 $0.89 164K
DeepSeek V3 0324 DeepSeek Budget $0.29 $1.14 164K
DeepSeek V3.1 DeepSeek Budget $0.25 $0.95 164K
DeepSeek V3.1 Terminus DeepSeek Budget $0.27 $1.00 164K
DeepSeek V3.2 Exp DeepSeek Budget $0.27 $0.41 164K
DeepSeek V4 Flash 0731 DeepSeek Budget $0.016 $0.64 1M
DeepSeek V4 Flash Vision Exp DeepSeek Budget $0.2156 $0.6468 1M
DeepSeek V4 Pro 0813 DeepSeek Budget $0.66 $1.98 1M
DeepSeek V4.1 Flash DeepSeek Budget $0.15 $0.60 1M
R1 0528 DeepSeek Mid-tier $0.50 $2.15 164K
Ember-1 fireworks Frontier $3.00 $15.00 1M
Gemini 2.5 Flash Google Mid-tier $0.30 $2.50 1M
Gemini 2.5 Flash Lite Google Budget $0.10 $0.40 1M
Gemini 2.5 Pro (deprecated) Google Mid-tier $1.25 $10.00 1M
Gemini 2.5 Pro Preview (deprecated) Google Mid-tier $1.25 $10.00 1M
Gemini 3 Flash Preview Google Mid-tier $0.50 $3.00 1M
Gemini 3.1 Flash Lite Google Budget $0.25 $1.50 1M
Gemini 3.1 Pro Preview Custom Tools Google Mid-tier $2.00 $12.00 1M
Gemini 3.8 Flash Google Mid-tier $0.75 $3.75 1M
Gemini 4 Argon Google Mid-tier $2.00 $10.00 1M
Gemma 3 12B Google Budget $0.05 $0.15 131K
Gemma 3 27B Google Budget $0.08 $0.45 131K
Gemma 3 4B Google Budget $0.05 $0.10 131K
Gemma 4 26B A4B Google Budget $0.0765 $0.255 262K
Gemma 4 31B Google Budget $0.09 $0.34 262K
Nano Banana (Gemini 2.5 Flash Image) Google Image $0.30 $2.50 33K
Nano Banana 2 (Gemini 3.1 Flash Image) Google Image $0.50 $3.00 131K
Nano Banana 2 Lite (Gemini 3.1 Flash Lite Image) Google Image $0.25 $1.50 66K
Nano Banana 2.1 Google Image $1.50 $7.50 66K
Nano Banana Pro (Gemini 3 Pro Image) Google Image $2.00 $12.00 131K
Granite 4.0 Micro ibm-granite Budget $0.017 $0.112 131K
Granite 4.2 8B ibm-granite Budget $0.06 $0.25 131K
Mercury 2 Inception Budget $0.25 $0.75 128K
Mercury 2.5 Inception Budget $0.04 $0.15 260K
Ling 3.0 Flash inclusionai Budget $0.021 $0.063 262K
Ling 3.0 Flash VL inclusionai Budget $0.06 $0.18 131K
Ling 3.1 Flash inclusionai Budget $0.075 $0.225 262K
Schematron V2 Small inference-net Budget $0.05 $0.23 128K
Schematron V2 Turbo inference-net Budget $0.03 $0.15 128K
LFM2.5-24B-A2B liquid Budget $0.05 $0.70 128K
LongCat 2.0 meituan Budget $0.30 $1.20 1M
Llama Guard 4 12B Meta Budget $0.18 $0.18 164K
Muse Glimmer 30B meta Budget $0.30 $1.20 131K
Muse Spark 1.1 meta Mid-tier $1.25 $4.25 1M
Muse Spark 1.2 meta Mid-tier $1.25 $4.25 1M
Muse Spark 1.2 Contributor meta Budget $0.10 $0.20 1M
Muse Spark 1.3 meta Mid-tier $1.25 $4.25 1M
Muse Spark 1.3 Contributor meta Budget $0.10 $0.20 1M
Muse Wonder meta Frontier $4.00 $20.00 1M
WizardLM-2 8x22B Microsoft Budget $0.62 $0.62 66K
MiniMax M1 MiniMax Mid-tier $0.55 $2.20 1M
MiniMax M2 MiniMax Budget $0.255 $1.02 205K
MiniMax M2-her MiniMax Budget $0.30 $1.20 66K
MiniMax M2.1 MiniMax Budget $0.30 $1.20 205K
MiniMax M2.7 MiniMax Budget $0.30 $1.20 205K
MiniMax-01 MiniMax Budget $0.20 $1.10 1M
Codestral 2508 Mistral Budget $0.30 $0.90 256K
Devstral 2 2512 Mistral Mid-tier $0.40 $2.00 262K
Ministral 3 14B 2512 Mistral Budget $0.20 $0.20 262K
Ministral 3 3B 2512 Mistral Budget $0.10 $0.10 131K
Ministral 3 8B 2512 Mistral Budget $0.15 $0.15 262K
Mistral Large 2407 (deprecated) Mistral Mid-tier $2.00 $6.00 131K
Mistral Large 3 2512 Mistral Budget $0.50 $1.50 262K
Mistral Large 4 Mistral Mid-tier $0.68 $2.09 1M
Mistral Medium 3 Mistral Mid-tier $0.40 $2.00 131K
Mistral Medium 3.1 Mistral Mid-tier $0.40 $2.00 131K
Mistral Medium 3.5 Mistral Mid-tier $1.50 $7.50 262K
Mistral Nemo Mistral Budget $0.029 $0.03 131K
Mistral Small 3 Mistral Budget $0.05 $0.08 33K
Mistral Small 4 Mistral Budget $0.15 $0.60 262K
Saba Mistral Budget $0.20 $0.60 33K
Voxtral Small 24B 2507 Mistral Budget $0.10 $0.30 33K
Kimi K2 0905 Moonshot Mid-tier $0.60 $2.50 262K
Kimi K2 Thinking Moonshot Mid-tier $0.60 $2.50 262K
Kimi K2.7 Code Moonshot Mid-tier $0.6712 $3.35 262K
Morph V3 Large morph Budget $0.90 $1.90 262K
Nex-N2.5-Mini nex-agi Budget $0.025 $0.10 262K
Nex-N2.5-Pro nex-agi Budget $0.075 $0.25 262K
Nemotron 3 Nano 30B A3B Nvidia Budget $0.06 $0.24 262K
Nemotron 3 Super Nvidia Budget $0.08 $0.45 262K
Nemotron 3 Ultra Nvidia Mid-tier $0.60 $2.40 262K
Nemotron 3.5 Content Safety Nvidia Budget $0.20 $0.20 131K
Nemotron 3.5 Lightning Nvidia Budget $0.07 $0.20 262K
GPT Audio OpenAI Mid-tier $2.50 $10.00 128K
GPT Audio Mini OpenAI Mid-tier $0.60 $2.40 128K
GPT-4.1 Nano OpenAI Budget $0.10 $0.40 1M
GPT-5 Image OpenAI Image $10.00 $10.00 400K
GPT-5 Image Mini OpenAI Image $2.50 $2.00 400K
GPT-5 Nano OpenAI Budget $0.05 $0.40 400K
GPT-5 Pro OpenAI Frontier $15.00 $120.00 400K
GPT-5.1-Codex OpenAI Mid-tier $1.25 $10.00 400K
GPT-5.1-Codex-Max OpenAI Mid-tier $1.25 $10.00 400K
GPT-5.1-Codex-Mini OpenAI Mid-tier $0.25 $2.00 400K
GPT-5.2 Chat OpenAI Mid-tier $1.75 $14.00 128K
GPT-5.2 Pro OpenAI Frontier $21.00 $168.00 400K
GPT-5.2-Codex OpenAI Mid-tier $1.75 $14.00 400K
GPT-5.3-Codex OpenAI Mid-tier $1.75 $14.00 400K
GPT-5.4 Image 2 OpenAI Image $8.00 $15.00 272K
GPT-5.4 Mini OpenAI Mid-tier $0.75 $4.50 400K
GPT-5.4 Nano OpenAI Budget $0.20 $1.25 400K
GPT-5.4 Pro OpenAI Frontier $30.00 $180.00 1M
GPT-5.5 Pro OpenAI Frontier $30.00 $180.00 1M
GPT-5.6 Luna Pro OpenAI Budget $0.20 $1.20 1M
GPT-5.6 Sol Pro OpenAI Frontier $4.00 $20.00 1M
GPT-5.6 Terra Pro OpenAI Mid-tier $2.00 $12.00 1M
GPT-6 Astra OpenAI Frontier $10.00 $50.00 1M
GPT-6 Astra Pro OpenAI Frontier $10.00 $50.00 1M
GPT-6 Luna OpenAI Budget $0.10 $0.50 1M
GPT-6 Luna Pro OpenAI Budget $0.10 $0.50 1M
GPT-6 Sol OpenAI Mid-tier $2.00 $10.00 1M
GPT-6 Sol Pro OpenAI Mid-tier $2.00 $10.00 1M
GPT-6.1 Sol OpenAI Mid-tier $2.00 $10.00 1M
GPT-6.1 Sol Pro OpenAI Mid-tier $2.00 $10.00 1M
o1-pro OpenAI Frontier $150.00 $600.00 200K
o3 Pro OpenAI Frontier $20.00 $80.00 200K
o4 Mini High (deprecated) OpenAI Mid-tier $1.10 $4.40 200K
Perceptron Mk1 perceptron Budget $0.15 $1.50 33K
Perceptron Mk1.5 perceptron Budget $0.15 $1.50 37K
Sonar Perplexity Budget $1.00 $1.00 127K
Sonar Pro Perplexity Frontier $3.00 $15.00 200K
Sonar Pro Search Perplexity Frontier $3.00 $15.00 200K
Sonar Reasoning Pro Perplexity Mid-tier $2.00 $8.00 128K
Laguna S 2.1 poolside Budget $0.09 $0.18 1M
Laguna XS 2.1 poolside Budget $0.06 $0.12 262K
Ternary Bonsai 2 27B prism-ml Budget $0.075 $0.50 262K
Reka Edge rekaai Budget $0.10 $0.10 16K
Reka Flash 3 rekaai Budget $0.10 $0.20 66K
Relace Apply 3 relace Budget $0.85 $1.25 256K
Relace Search relace Mid-tier $1.00 $3.00 256K
Fugu Max sakana Mid-tier $2.00 $6.00 1M
Fugu Ultra sakana Frontier $5.00 $30.00 1M
Fugu Ultra v2 sakana Frontier $5.00 $30.00 1M
Sakana Namazu sakana Mid-tier $0.95 $4.00 262K
Extract scaledown Budget $0.04 $0.00 1M
Summarize scaledown Budget $0.04 $0.00 1M
Step 3.5 Flash StepFun Budget $0.10 $0.30 262K
Step 3.7 Flash StepFun Budget $0.20 $1.15 262K
Hy-MT2-1.8B Tencent Budget $0.044 $0.177 8K
Hy-MT2-30B-A3B Tencent Budget $0.074 $0.295 8K
Hy-MT2-7B Tencent Budget $0.074 $0.295 8K
Hy3 Tencent Budget $0.132 $0.528 262K
Inkling thinkingmachines Mid-tier $1.00 $4.05 524K
Inkling Small thinkingmachines Budget $0.45 $1.20 524K
Pareto 26.9 unbiased Mid-tier $2.50 $7.50 262K
Solar Mini 4 upstage Budget $0.05 $0.20 524K
Solar Pro 3 upstage Budget $0.15 $0.60 131K
Solar Pro 4 upstage Budget $0.09 $0.36 524K
Palmyra X5 Writer Mid-tier $0.60 $6.00 1M
Grok 4.3 xAI Mid-tier $1.25 $2.50 1M
Grok 4.7 xAI Mid-tier $2.00 $6.00 500K
Grok Build 0.1 xAI Mid-tier $1.00 $2.00 256K
MiMo-V2.5 Xiaomi Budget $0.14 $0.28 1M
MiMo-V2.5-Pro Xiaomi Budget $0.435 $0.87 1M
MiMo-V2.6-Flash Xiaomi Budget $0.14 $0.28 1M
MiMo-V2.6-Pro Xiaomi Budget $0.435 $0.87 1M
MiMo-V2.6-Pro-UltraSpeed Xiaomi Mid-tier $4.35 $8.70 1M
GLM 4.5 Zhipu Mid-tier $0.60 $2.20 131K
GLM 4.5 Air Zhipu Budget $0.13 $0.85 131K
GLM 4.5V Zhipu Budget $0.60 $1.80 66K
GLM 4.6 Zhipu Mid-tier $0.50 $2.00 205K
GLM 4.6V Zhipu Budget $0.30 $0.90 131K
GLM 4.7 Zhipu Mid-tier $0.60 $2.20 205K
GLM 4.7 Flash Zhipu Budget $0.0605 $0.40 200K
GLM 5 Turbo Zhipu Mid-tier $1.20 $4.00 203K
GLM 5.3 FlashX Zhipu Budget $0.37 $1.25 1M
GLM 5.3 Prime Zhipu Mid-tier $2.80 $8.80 1M
GLM 5V Turbo Zhipu Mid-tier $1.20 $4.00 203K

The cheapest model, the median price and the price range of each tier are stated, with their date, in LLM API pricing statistics.

Head-to-head comparisons

Prebuilt side-by-side pages for 20 model pairings, each with token prices, batch and cache rates, Arena ELO and cost per request for 8 use cases.

Or build your own comparison from any 2 to 4 models in the catalogue.

Common questions about LLM pricing

What is the cheapest LLM API?
As of 2026-10-14, the cheapest of 280 token-priced LLM APIs in the OptimToken catalogue is Mistral Nemo (Mistral), quoted at $0.029 per 1M input tokens and $0.03 per 1M output tokens, which is $0.03 on the blended price (30% input, 70% output). As of 2026-10-14, the cheapest model in each price tier, ranked on the blended price and quoted per 1M tokens, is: Frontier, GPT-5.4 (OpenAI) at $2.50 input and $15.00 output; Mid-tier, Seed 1.6 (ByteDance) at $0.25 input and $2.00 output, level with 3 other models; Budget, Mistral Nemo (Mistral) at $0.029 input and $0.03 output. Each figure is the price OptimToken quotes for the model, which is one host's rate: another host can charge more or less for the same model.
How much do LLM APIs cost per million tokens?
As of 2026-10-14, the median price across 280 token-priced LLM APIs in the OptimToken catalogue is $0.42 per 1M input tokens and $1.94 per 1M output tokens, and the median blended price (30% input, 70% output) is $1.47. As of 2026-10-14, quoted prices run from $0.016 to $150.00 per 1M input tokens and from $0.03 to $600.00 per 1M output tokens. As of 2026-10-14, the median price per 1M tokens by price tier is: Frontier, $5.00 input and $25.00 output (31 models); Mid-tier, $1.20 input and $4.40 output (107 models); Budget, $0.15 input and $0.59 output (142 models).
How do I estimate my monthly LLM API cost?
Use Business view and pick one of the workload presets. OptimToken converts input and output token rates into unit cost per request and monthly budget estimates for 10K, 100K, and 1M requests.
What qualifies as FinOps Friendly?
A model qualifies only when it meets all four rules: Arena ELO in the top 40% of ranked models, Efficiency score in the top 30%, a list price among the cheapest 70% of the market, and a stable release: no preview or beta label, no frontier model younger than 3 months, and no retirement announced by the model maker.

These are list prices: real cost also depends on caching, batching, negotiated discounts, marketplace agreements, and existing contracts. Get a FinOps review from OptimNow.