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Calculate AI API Costs in Seconds

Compare pricing across OpenAI, Anthropic, Google, Mistral, and DeepSeek. Estimate costs for 74+ models.

Pricing last updated: March 29, 2026

8 Providers74 Models100% Free

AI API Pricing Overview — March 29, 2026

Input and output costs per 1 million tokens across 8 providers

ModelProviderInput/1MOutput/1MContext
GPT-5.2OpenAI$1.75$14.001000K
GPT-5.4OpenAI$2.50$15.001050K
Claude Opus 4.6Anthropic$5.00$25.001000K
Claude Sonnet 4.6Anthropic$3.00$15.001000K
Gemini 3.1 ProGoogle$2.00$12.001000K
Gemini 3 ProGoogle$2.00$12.002000K
Mistral Large 3Mistral AI$0.50$1.50256K
Mistral Medium 3Mistral AI$0.40$2.00128K
Llama 4 MaverickMeta (via Together AI)$0.27$0.851000K
Llama 3.1 405BMeta (via Together AI)$3.50$3.50128K
Grok 3xAI$3.00$15.00131K
Command R+Cohere$2.50$10.00128K

Cheapest AI API Models in 2026

The most cost-effective models for production workloads, ranked by input price per million tokens

Budget-conscious developers can cut API costs by 99% by choosing efficient models over flagship ones. For example, GPT-5 nano at $0.05/1M tokens is 3000x cheaper than o1 Pro ($150.00/1M). For many tasks — classification, extraction, simple Q&A — the cheaper model performs comparably. Use our comparison tool to find the best price-performance balance for your specific workload.

Cheapest Model by Category

Best value pick in each tier — from budget to frontier

How Much Does AI API Access Cost in 2026?

AI API costs in 2026 range from $0.05 to $150.00 per million input tokens — a 3000x price range. The cost depends on three main factors: which provider you choose (OpenAI, Anthropic, Google, etc.), which model tier you select (efficient vs flagship), and your usage pattern (input-heavy vs output-heavy workloads).

For a typical chatbot processing 10,000 conversations per day with ~1,000 tokens per exchange, monthly costs range from about $15/month using efficient models like GPT-5 nano to $1,500+/month with frontier models like o1 Pro. Most production applications find a sweet spot in the $100–$500/month range using balanced-tier models.

Prices are dropping fast. Since 2023, per-token costs for equivalent capability have fallen roughly 10x. GPT-4 launched at $30/1M input tokens; today, models with comparable performance start at under $1/1M. This trend is driven by hardware improvements, model distillation, and increased competition — with 8 major providers now offering API access.

Output tokens cost more than input tokens — typically 2x to 6x more. This means generation-heavy workloads (content writing, code generation, summarization) are significantly more expensive per-token than retrieval or classification tasks. If you're building a content generation pipeline, optimizing output length and choosing models with favorable output pricing will have the biggest impact on your bill.

Batch processing saves 50%. Most providers now offer batch APIs that process requests asynchronously at half the cost of real-time inference. If your workload doesn't need instant responses — data processing, content generation, analysis pipelines — batch pricing can cut your costs in half without any quality tradeoff. Check our batch pricing page for current rates.

Cost by Use Case

How much does AI cost for your specific project?

Popular Comparisons

Side-by-side pricing for the most common model matchups

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Why AI API Costs Matter

AI API pricing varies dramatically between providers and models. A single request to a frontier model like GPT-5 or Claude Opus can cost 10–100x more than a smaller model like GPT-4o mini or Gemini Flash — yet for many tasks, the cheaper model performs just as well. Choosing the wrong model can mean spending thousands of dollars per month unnecessarily.

AI Cost Check helps developers and teams estimate their actual API spend before committing to a provider. Enter your expected token usage, compare models side by side, and project costs daily, monthly, and yearly. Whether you're building a chatbot, RAG pipeline, code assistant, or content generation tool, understanding your cost structure upfront prevents budget surprises.

All pricing data is sourced directly from provider documentation and updated regularly. We track 8 providers and 74+ models including OpenAI GPT-5, Anthropic Claude, Google Gemini, Mistral, DeepSeek, Meta Llama, xAI Grok, and Cohere — covering both input and output token rates, with batch pricing where available.

Frequently Asked Questions

How is AI API pricing calculated?

AI APIs charge per token — roughly 4 characters or ¾ of a word. Pricing is typically quoted per 1 million tokens, with separate rates for input (prompt) and output (completion) tokens. Output tokens are usually 2–6x more expensive than input tokens because they require more compute.

Which AI model is the cheapest?

As of March 29, 2026, GPT-5 nano is the cheapest at $0.05 per million input tokens. GPT-4.1 nano and Gemini 2.0 Flash ($0.10/1M), Mistral Small 3.2 ($0.10/1M), and GPT-4o mini ($0.15/1M) are also very cost-effective options for production workloads.

What's the difference between input and output tokens?

Input tokens are the text you send to the model — your prompt, system instructions, and any context. Output tokens are the text the model generates in response. Most providers charge different rates for each, with output tokens costing significantly more.

How do I estimate my monthly AI API costs?

Use our calculator above: select a provider and model, enter your average input and output tokens per request, set your daily request volume, and instantly see projected costs per request, daily, monthly, and yearly. You can also compare multiple models side by side on our comparison page.

How do I track AI API costs?

The most reliable approach is to monitor token usage per request and aggregate by model and provider. Most providers expose usage data in their billing dashboard. For cross-provider cost tracking, use AI Cost Check to benchmark expected spend before you build, then compare against actual invoices. Set alerts at 80% of your monthly budget to avoid surprise overages.

How do I set budget limits for AI API usage?

OpenAI, Anthropic, and Google all support monthly spend limits in their billing settings. Set a hard cap at your maximum budget and a soft alert at 75–80% for early warning. At the application level, track tokens per request in your code and implement per-user or per-session limits. Use our AI cost calculator to estimate monthly spend before committing to a plan.

Is there an Anthropic pricing calculator?

Yes — AI Cost Check supports all Anthropic Claude models including Claude Sonnet, Claude Haiku, and Claude Opus. Enter your token volumes to get exact cost estimates, then compare Anthropic pricing against OpenAI GPT-5, Google Gemini, and Mistral on our model comparison pages to find the best value for your workload.

How do I compare AI API costs across providers in 2026?

Use the calculator above to compare OpenAI, Anthropic, Google, Mistral, DeepSeek, and xAI pricing in one place. Enter your token volumes for side-by-side monthly cost projections. For detailed head-to-head comparisons, see the model comparison pages. The big story in 2026: budget models like GPT-5 nano and Gemini 2.0 Flash now deliver near-flagship quality at 95% lower cost.