GPT-4 Turbo API Pricing
OpenAI · Frontier · Proprietary · released 2024-04. Prices in USD per 1 million tokens. Data snapshot: 2026-08-14.
- Input: $10.00 per 1M tokens
- Output: $30.00 per 1M tokens
- Batch API (input/output): $5.00 / $15.00
- Prompt-cache read: not published
- Context window: 128K
- Arena ELO: 1257 (as of 2026-08-13)
Cost per request by business use case
List price vs optimized (prompt caching on the cached input share, batch API for async workloads — only where the provider publishes those rates).
| Use case | Tokens (in/out) | Cost/req (list) | Cost/req (optimized) | Monthly @100K req |
|---|---|---|---|---|
| Support Ticket | 1,500 / 500 | $0.030 | $0.030 | $3.0K |
| Knowledge Q&A | 2,000 / 800 | $0.044 | $0.044 | $4.4K |
| Meeting Summary | 10,000 / 1,200 | $0.136 | $0.068 | $6.8K |
| Marketing Content | 2,500 / 1,800 | $0.079 | $0.079 | $7.9K |
| Coding Task | 3,000 / 2,000 | $0.090 | $0.090 | $9.0K |
| Invoice Processing | 1,500 / 600 | $0.033 | $0.017 | $1.6K |
| Call Summary | 2,000 / 700 | $0.041 | $0.021 | $2.0K |
| Agent Workflow | 6,000 / 3,000 | $0.150 | $0.150 | $15.0K |
These are list prices — real cost also depends on caching, batching, negotiated discounts, marketplace agreements, and existing contracts. Get a FinOps review from OptimNow or compare all models.