AI Model Cost Comparison Calculator
Compare per-token and per-request costs across AI providers including GPT-4o, Claude, Gemini, and self-hosted Llama.
About this calculator
This calculator projects daily, monthly, and annual API spend for a large language model workload from three usage inputs -- average input tokens per request, average output tokens per request, and daily request volume -- multiplied against a snapshot of published per-token pricing for six commonly deployed models. Input and output tokens are priced separately because every major provider charges more per output token than per input token, often several times more, since generating text is more computationally expensive than reading it; this is why the calculator keeps an "input cost share" figure to show how much of your bill comes from each side.
The self-hosted Llama 3 option works differently: instead of a per-token price, it estimates compute cost from a rough GPU-hours model (tokens processed divided by an assumed throughput, multiplied by an assumed hourly GPU rate), which is a much cruder approximation than the metered API prices, since real self-hosted throughput and cost per hour vary substantially with model size, batching efficiency, and which GPU and cloud provider you actually use. The single most important thing to understand about this calculator is that per-token API pricing changes frequently and without much notice as providers compete and release new model tiers -- the prices baked into this tool are a snapshot, not a live feed, so always confirm current rates on the provider's own pricing page before making a purchasing decision based on this comparison.
Inputs
Results
Daily cost ($)
$0.75
Monthly cost ($)
$22.50
How to Use This Calculator
- Enter your average Input Tokens per request — roughly 750 words equals 1,000 tokens.
- Set average Output Tokens per request based on the length of responses your app generates.
- Enter Daily API Requests to reflect your production or expected traffic volume.
- Select the Model (GPT-4o, Claude 3.5 Sonnet, Gemini 1.5 Pro, Llama self-hosted, etc.) to apply real pricing.
- Compare Daily Cost, Monthly Cost, and Cost per 1K Requests across models to choose the most cost-effective option.
How the result changes with Daily API requests
| Daily API requests | Daily cost ($) | Monthly cost ($) |
|---|---|---|
| 50 | $0.38 | $11.25 |
| 75 | $0.56 | $16.88 |
| 150 | $1.13 | $33.75 |
| 250 | $1.88 | $56.25 |
What each input means
- Avg input tokens/request
- Average number of input tokens (prompt) per API request. 1000 tokens is roughly 750 words.
- Avg output tokens/request
- Average number of output tokens (completion) per API request.
- Daily API requests
- Number of API requests your application makes per day.
- Model
- Select the model
What each result means
- Daily cost ($)
- Total daily API or compute cost for the selected model.
- Monthly cost ($)
- Projected 30-day cost.
- Annual cost ($)
- Projected 365-day cost.
- Cost per 1K requests ($)
- Effective cost per 1,000 API requests.
- Daily token consumption
- Total input + output tokens consumed daily.
- Monthly tokens (millions)
- Total monthly token usage in millions.
- Input cost share (%)
- Percentage of total cost attributable to input tokens.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersAvg input tokens/request = 1000, Avg output tokens/request = 500, Daily API requests = 100, Model = 0 = 4 input(s) provided
- Calculate Daily cost0.75 = $0.75
- Calculate Monthly costMonthly cost = dailyCost * 3022.5 = $22.5
- Calculate Annual costAnnual cost = dailyCost * 365273.75 = $273.75
- Calculate Cost per 1K requestsCost per 1K requests = dailyRequests > 07.5 = $7.5
Engine last updated . Checked against 3 independently-derived tests — how we verify calculators. Built by Paul Gunder, a software engineer, not a licensed financial, medical, or legal professional.
Frequently Asked Questions
Why are input and output tokens priced separately instead of one blended rate?
Every major LLM provider charges meaningfully more per output token than per input token -- commonly two to five times more -- because generating each new token requires a full forward pass through the model, while processing input tokens can be batched and cached more efficiently. Keeping the two separate, and showing an input cost share, lets you see whether your workload's cost is driven mainly by long prompts (input-heavy, like document analysis) or long generations (output-heavy, like content writing).
How is the self-hosted Llama 3 cost estimated differently from the API models?
Instead of a metered per-token price, it estimates GPU compute cost: total tokens processed divided by an assumed processing throughput, multiplied by an assumed hourly GPU rental rate. This is a much rougher approximation than the API models' published per-token prices, because actual self-hosted throughput and hourly cost vary substantially with the specific model size, how well requests are batched together, and which GPU hardware and cloud provider you actually use -- treat the self-hosted figure as a ballpark, not a quote.
Why does the model I select change the cost so dramatically?
Frontier and flagship-tier models (like a top-tier "Opus"-class model) charge substantially more per token than smaller or more efficient models, often by an order of magnitude, because they cost more to train and run. For a workload with identical token volume, switching from the most expensive model to the cheapest one in this comparison can cut your bill dramatically -- which is exactly why this calculator exists as a side-by-side comparison rather than a single-model estimator.
Will these prices still be accurate when I use this calculator?
Not necessarily -- LLM API pricing changes frequently as providers compete, release new model versions, and adjust rates, sometimes with little advance notice. The figures here are a snapshot taken at one point in time, not a live feed from each provider. Always check the provider's own current pricing page before making a purchasing or architecture decision based on a cost comparison, and treat this calculator as a way to understand the RELATIVE shape of costs (which factors matter most) rather than an exact current-dollar quote.
Why does doubling my daily request volume double my cost, but doubling output length doesn't double it exactly?
Daily request volume is a pure multiplier on every cost component, so doubling it doubles daily cost exactly. Output token length, on the other hand, only scales the output-cost portion of the bill; the input-cost portion (driven by your prompt length) stays the same, so doubling output tokens doubles total cost by somewhat less than 2x whenever input tokens contribute a meaningful share of the total -- the exact multiplier depends on your input/output cost split.
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