Cost Comparison (1000 input + 500 output tokens, 100 requests/day)
GPT-4 Turbo
o3
Cost Differences
o3 costs less than GPT-4 Turbo
Feature Comparison
| Feature | GPT-4 Turbo | o3 |
|---|---|---|
| Provider | OpenAI | OpenAI |
| Input Price | $10.00/1M tokens | $2.00/1M tokens |
| Output Price | $30.00/1M tokens | $8.00/1M tokens |
| Context Window | 128,000 tokens | 1,000,000 tokens |
| Max Output | 4,096 tokens | 131,072 tokens |
| Category | flagship | reasoning |
| Capabilities | textvisioncode | textreasoningvisioncode |
| Release Date | 4/9/2024 | 4/16/2025 |
GPT-4 Turbo vs o3: Which Should You Choose?
Choosing between GPT-4 Turbo and o3 depends on your priorities: cost efficiency, context length, or raw capability. o3 is the more affordable option at $2.00/1M input tokens — 80% cheaper than GPT-4 Turbo. Meanwhile, o3 offers a significantly larger context window at 1,000,000 tokens vs 128,000 for GPT-4 Turbo.
These models target different tiers: GPT-4 Turbo is a flagship model while o3 is reasoning. This means they're optimized for different workloads. GPT-4 Turbo is built for complex tasks that require deeper reasoning, while o3 offers better value for routine operations.
Output costs matter too. GPT-4 Turbo charges $30.00/1M output tokens vs $8.00 for o3. For generation-heavy workloads (content creation, code generation, summarization), output pricing often dominates your bill. o3 has the edge here at $8.00/1M output tokens.
Multimodal capabilities: Both models support vision (image understanding), so you can send images alongside text prompts with either option.
Best Use Cases
Choose GPT-4 Turbo when:
- • You're already using OpenAI's API ecosystem
Choose o3 when:
- • Budget is a primary concern
- • You need a larger context window (1,000,000 tokens)
- • You need more capabilities (reasoning)
- • You need longer outputs (up to 131,072 tokens)
- • You're already using OpenAI's API ecosystem
Try Different Scenarios
Use the calculator below to see how costs change with different usage patterns
GPT-4 Turbo (OpenAI)
o3 (OpenAI)
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