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Codex Mini vs Llama 3.1 70B

Codex Mini vs Llama 3.1 70B: Llama 3.1 70B is cheaper for input-heavy usage ($0.88/M vs $1.50/M input tokens), while Codex Mini is better for long-context tasks (200,000 tokens).

Direct answer: choose Llama 3.1 70B for lower token spend and choose Codex Mini when your workload needs longer context.

Compare input and output token pricing, context windows, and monthly cost estimates on one page so you can pick the cheaper model fast.

OpenAI
Codex Mini
vs
Meta (via Together AI)
Llama 3.1 70B

Cost Comparison (1000 input + 500 output tokens, 100 requests/day)

Codex Mini

Per Request:$0.004500
Daily:$0.45
Monthly:$13.50
Yearly:$164.25

Llama 3.1 70B

Per Request:$0.001320
Daily:$0.132
Monthly:$3.96
Yearly:$48.18

Cost Differences

$0.003180
Per Request
$0.318
Daily
$9.54
Monthly
$116.07
Yearly

Llama 3.1 70B costs less than Codex Mini

Feature Comparison

FeatureCodex MiniLlama 3.1 70B
ProviderOpenAIMeta (via Together AI)
Input Price$1.50/1M tokens$0.88/1M tokens
Output Price$6.00/1M tokens$0.88/1M tokens
Context Window200,000 tokens128,000 tokens
Max Output32,768 tokens32,768 tokens
Categoryefficientbalanced
Capabilities
textcodereasoning
textcode
Release Date2/2/20267/23/2024

Codex Mini vs Llama 3.1 70B: Which Should You Choose?

Choosing between Codex Mini and Llama 3.1 70B depends on your priorities: cost efficiency, context length, or raw capability. Llama 3.1 70B is the more affordable option at $0.88/1M input tokens41% cheaper than Codex Mini. Meanwhile, Codex Mini offers a significantly larger context window at 200,000 tokens vs 128,000 for Llama 3.1 70B.

These models come from different providers — OpenAI and Meta (via Together AI) — which means different API ecosystems, SDKs, rate limits, and terms of service. If you're already integrated with OpenAI, switching to Meta (via Together AI)involves migration effort beyond just pricing. Factor in your existing infrastructure when deciding.

These models target different tiers: Codex Mini is a efficient model while Llama 3.1 70B is balanced. This means they're optimized for different workloads. Llama 3.1 70B targets more demanding workloads, while Codex Mini provides a cost-effective option for everyday tasks.

Output costs matter too. Codex Mini charges $6.00/1M output tokens vs $0.88 for Llama 3.1 70B. For generation-heavy workloads (content creation, code generation, summarization), output pricing often dominates your bill. Llama 3.1 70B has the edge here at $0.88/1M output tokens.

Best Use Cases

Choose Codex Mini when:

  • • You need a larger context window (200,000 tokens)
  • • You need more capabilities (reasoning)
  • • You're already using OpenAI's API ecosystem
  • • You're running high-volume, latency-sensitive workloads

Choose Llama 3.1 70B when:

  • • Budget is a primary concern
  • • You're already using Meta (via Together AI)'s API ecosystem

Pros and Caveats at a Glance

Codex Mini

  • Input pricing: $1.50/M tokens
  • Output pricing: $6.00/M tokens
  • Context window: 200,000 tokens
  • Max output: 32,768 tokens

Watch out for

  • Higher input cost than Llama 3.1 70B
  • Higher output cost than Llama 3.1 70B

Llama 3.1 70B

  • Input pricing: $0.88/M tokens
  • Output pricing: $0.88/M tokens
  • Context window: 128,000 tokens
  • Max output: 32,768 tokens

Watch out for

  • Smaller context window than Codex Mini

Try Different Scenarios

Use the calculator below to see how costs change with different usage patterns

Codex Mini (OpenAI)

Llama 3.1 70B (Meta (via Together AI))

Start using Codex Mini today

Sign Up for OpenAI

Start using Llama 3.1 70B today

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Frequently Asked Questions

Which is cheaper, Codex Mini or Llama 3.1 70B?
Llama 3.1 70B is cheaper for input tokens at $0.88 per million tokens vs $1.50 for Codex Mini — that's 41% savings on input costs.
What is the context window difference between Codex Mini and Llama 3.1 70B?
Codex Mini supports 200,000 tokens while Llama 3.1 70B supports 128,000 tokens — a difference of 72,000 tokens in favor of Codex Mini.
Which model is better for AI Chatbot?
Both models support text. For ai chatbot, Llama 3.1 70B is the lower-cost option, while Codex Mini offers a larger context window (200,000 vs 128,000 tokens). Choose Llama 3.1 70B for budget sensitivity or Codex Mini for longer context tasks.
Which model has better overall pricing for heavy usage?
At 100 requests/day with 1,000 input and 500 output tokens each, Codex Mini costs about $13.50/month and Llama 3.1 70B costs about $3.96/month. Overall, Llama 3.1 70B has lower combined input + output rates ($0.88 in, $0.88 out) vs Codex Mini.
Where can I compare OpenAI and Meta (via Together AI) API pricing beyond this model matchup?
See the OpenAI vs Meta (via Together AI) provider comparison page for lineup-level averages, then review each model page for exact per-token rates.

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