GPT-5.4 API pricing
OpenAI · Premium price tier · Proprietary · released 2026-02. Prices in USD per 1 million tokens. Data snapshot: 2026-11-12.
A support ticket workload of 100K requests a month costs $1125.00 on GPT-5.4; the next cheaper model in the Premium price tier for this workload, Kimi K3, does it for $828.80. GPT-5.4 is the cheapest model we track in the Premium price tier, and its list price has not moved since 2026-08-15. None of its 3 hosts undercuts the price we quote. It is rated a stable release but does not meet all four criteria of the FinOps Friendly badge.
- Input: $2.50 per 1M tokens
- Output: $15.00 per 1M tokens
- Batch API (in/out): $1.25 / $7.50 per 1M tokens
- Prompt-cache read: $0.25 per 1M tokens
- Context window: 1M tokens
- Arena ELO: 1452 as of 2026-11-08
Available on
Direct API, AWS Bedrock, Azure AI Foundry, OpenRouter
AWS Bedrock regions: ap-northeast-1, ap-southeast-1, eu-central-1, eu-west-1, us-east-1, us-east-2, us-west-2
Curated by hand; check with the provider before committing.
Market position
On blended price ($11.25 per 1M tokens at 30% input, 70% output) it is the cheapest of 30 models in the Premium price tier. Across every price tier it is cheaper than 10% of priced text models in the catalogue: 274th cheapest of 303. Its Arena ELO of 1452 ranks 35th of the 160 models that carry one, above 79% of them. With an Arena score of 1452, GPT-5.4 clears OptimNow's Standard working quality threshold: Standard (Arena 1420+), used for meeting summary, invoice processing and call summary. It is 18 points under the Strong bar (Arena 1470+), within the benchmark's 20-point noise. Each threshold is a distance below the best ranked model, which scores 1530 on Arena scores as of 8 Nov 2026.
Licence, size and capabilities
GPT-5.4 is recorded here as proprietary: access is through an API, priced by the token. Its parameter count is not published. Listed capabilities: Text, Vision, Reasoning, Agents. Filling its 1M context window once costs $2.50 in input tokens at list price.
Pricing by host
A host is a company that runs the model and sells it by the token: the model maker, a cloud platform like Amazon Bedrock, Azure or Vertex, or an independent host. One model, several hosts, and often several prices. This model is sold by 3 different hosts. The price we quote elsewhere on this page is marked. We quote one host's rate so that models stay comparable; it is not a recommendation to buy there.
The price we quote is already the cheapest of the 3 hosts: OpenAI at $2.50 input / $15.00 output per 1M tokens. All of them charge within 10% of one another.
| Host | Input $/1M | Output $/1M |
|---|---|---|
| OpenAI (model maker, price we quote) | $2.50 | $15.00 |
| Azure (price we quote) | $2.50 | $15.00 |
| Amazon Bedrock | $2.75 | $16.50 |
List prices as published on 2026-11-12, via OpenRouter. Negotiated rates, committed-use discounts and provisioned capacity are not shown.
Monthly cost at 100K requests, by business use case
From the after-discounts figure (prompt caching on the cached input share, batch API for async workloads, only where OpenAI publishes those rates), which assumes you implement both, to the list price. One figure means no discount is published.
| Use case | Tokens (in/out) | Monthly (after discounts – list) |
|---|---|---|
| Support Ticket | 1,500 / 500 | $923 – $1.1K |
| Knowledge Q&A | 2,000 / 800 | $1.4K – $1.7K |
| Meeting Summary | 10,000 / 1,200 | $2.0K – $4.3K |
| Marketing Content | 2,500 / 1,800 | $3.2K – $3.3K |
| Coding Task | 3,000 / 2,000 | $3.4K – $3.8K |
| Invoice Processing | 1,500 / 600 | $593 – $1.3K |
| Call Summary | 2,000 / 700 | $755 – $1.6K |
| Agent Workflow | 6,000 / 3,000 | $5.1K – $6.0K |
Price history
GPT-5.4 has been in our daily price archive since tracking began on 2026-08-15, when it listed at $2.50 input / $15.00 output per 1M tokens. No list price change since tracking began on 2026-08-15. Last checked against the 2026-11-12 snapshot.
Alternatives to GPT-5.4
None of the 4 comparable models below costs less than GPT-5.4 on the blended price.
- Next more expensive: Kimi K3 (Moonshot) at $11.2576 blended, under 1% more.
The nearest models in the Premium price tier on Arena ELO, each with its blended price and score difference against GPT-5.4.
- Claude Opus 4.5 (Anthropic): $5.00 in / $25.00 out per 1M, Arena ELO 1451 (69% more expensive, 1 ELO point lower)
- Claude Opus 4.8 (Anthropic): $5.00 in / $25.00 out per 1M, Arena ELO 1454 (69% more expensive, 2 ELO points higher)
- GPT-5.6 Sol (OpenAI): $4.00 in / $20.00 out per 1M, Arena ELO 1457 (35% more expensive, 5 ELO points higher)
- Claude Sonnet 4.6 (Anthropic): $3.00 in / $15.00 out per 1M, Arena ELO 1458 (1% more expensive, 6 ELO points higher)
- Cheapest within 15 Arena points: MiMo-V2.6-Flash (Xiaomi), 98% cheaper, 1 ELO point lower, out of 34 models in that band.
- Highest Arena ELO within 20% of this price: Kimi K3 (Moonshot), under 1% more expensive, 23 ELO points higher, out of 6 models in that price band.
GPT-5.4 head to head
Other models from OpenAI
The 8 nearest to GPT-5.4 in price, of 48 other OpenAI models in the catalogue. Prices per 1M tokens, input then output.
- GPT-5.2: $1.75 / $14.00
- GPT-5.2 Chat: $1.75 / $14.00
- GPT-5.2-Codex: $1.75 / $14.00
- GPT-5.3-Codex: $1.75 / $14.00
- GPT-5.4 Image 2: $8.00 / $15.00
- GPT-5.6 Sol: $4.00 / $20.00
- GPT-5.6 Sol Pro: $4.00 / $20.00
- GPT-5.5: $5.00 / $30.00
All 49 OpenAI models and prices
Common questions about GPT-5.4 pricing
- How much does GPT-5.4 cost?
- GPT-5.4 costs $2.50 per 1M input tokens and $15.00 per 1M output tokens. That is the model maker's own rate (OpenAI). Prices as listed on 2026-11-12.
- Which host is cheapest for GPT-5.4?
- The price we quote is already the cheapest of the 3 hosts: OpenAI at $2.50 input / $15.00 output per 1M tokens. All of them charge within 10% of one another. Host rates as listed on 2026-11-12.
- Does GPT-5.4 offer batch or cached pricing?
- Yes, both. Batch API pricing is $1.25 per 1M input tokens and $7.50 per 1M output tokens, and prompt-cache reads cost $0.25 per 1M tokens, as listed on 2026-11-12.
- What would GPT-5.4 cost per month?
- With the Support Ticket profile (1,500 input and 500 output tokens per request), 100,000 requests a month cost about $1.1K on GPT-5.4 at the list price quoted on 2026-11-12.
- Can GPT-5.4 be self-hosted?
- No, as far as this site records. GPT-5.4 is recorded here as proprietary: access is through an API, priced by the token.
- Has the price of GPT-5.4 changed?
- GPT-5.4 has been in our daily price archive since tracking began on 2026-08-15, when it listed at $2.50 input / $15.00 output per 1M tokens. No list price change since tracking began on 2026-08-15. Last checked against the 2026-11-12 snapshot.
It publishes a batch rate, and that discount is conditional: when the batch discount applies.
These are list prices. Your real cost also depends on caching and batching, negotiated discounts, marketplace agreements, and the contracts you already have. OptimNow audits exactly that.
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