The LLM Price Index
Every major large language model, normalized to dollars per million tokens. Scored on value, cheapness, and frontier capability. Independent, automated, refreshed daily.
What this is
The LLM Price Index is a live, independently maintained price comparison for every large language model offered through the OpenRouter catalog. Input and output pricing is normalized to dollars per million tokens, blended 3:1 to produce a single comparable figure, and scored 0–10 on three axes: value, cheapness, and frontier capability. The cheapest paid model right now is Gemma 3n 4B at $0.025 per million tokens (3:1 blended).
Qwen3 Coder 480B A35B (free)
7.9/10Qwen3-Coder-480B-A35B-Instruct is a Mixture-of-Experts (MoE) code generation model developed by the Qwen team. It is optimized for agentic coding tasks such as…
Qwen3 Coder 30B A3B Instruct
7.0/10Qwen3-Coder-30B-A3B-Instruct is a 30.5B parameter Mixture-of-Experts (MoE) model with 128 experts (8 active per forward pass), designed for advanced code generation, repository-scale…
Qwen3 Coder Flash
6.9/10Qwen3 Coder Flash is Alibaba's fast and cost efficient version of their proprietary Qwen3 Coder Plus. It is a powerful coding agent…
Qwen3 Coder Next
6.8/10Qwen3-Coder-Next is an open-weight causal language model optimized for coding agents and local development workflows. It uses a sparse MoE design with…
KAT-Coder-Pro V2
6.6/10KAT-Coder-Pro V2 is the latest high-performance model in KwaiKAT’s KAT-Coder series, designed for complex enterprise-grade software engineering and SaaS integration. It builds…
Qwen2.5 Coder 7B Instruct
6.5/10Qwen2.5-Coder-7B-Instruct is a 7B parameter instruction-tuned language model optimized for code-related tasks such as code generation, reasoning, and bug fixing. Based on…
Qwen3 Coder Plus
6.3/10Qwen3 Coder Plus is Alibaba's proprietary version of the Open Source Qwen3 Coder 480B A35B. It is a powerful coding agent model…
Qwen3 Coder 480B A35B
6.0/10Qwen3-Coder-480B-A35B-Instruct is a Mixture-of-Experts (MoE) code generation model developed by the Qwen team. It is optimized for agentic coding tasks such as…
Codestral 2508
6.0/10Mistral's cutting-edge language model for coding released end of July 2025. Codestral specializes in low-latency, high-frequency tasks such as fill-in-the-middle (FIM), code…
Grok Code Fast 1
5.8/10Grok Code Fast 1 is a speedy and economical reasoning model that excels at agentic coding. With reasoning traces visible in the…
Mercury Coder
5.6/10Mercury Coder is the first diffusion large language model (dLLM). Applying a breakthrough discrete diffusion approach, the model runs 5-10x faster than…
Coder Large
3.5/10Coder‑Large is a 32 B‑parameter offspring of Qwen 2.5‑Instruct that has been further trained on permissively‑licensed GitHub, CodeSearchNet and synthetic bug‑fix corpora.…
Qwen2.5 Coder 32B Instruct
3.1/10Qwen2.5-Coder is the latest series of Code-Specific Qwen large language models (formerly known as CodeQwen). Qwen2.5-Coder brings the following improvements upon CodeQwen1.5:…
CodeLLaMa 7B Instruct Solidity
2.8/10A finetuned 7 billion parameters Code LLaMA - Instruct model to generate Solidity smart contract using 4-bit QLoRA finetuning provided by PEFT…
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Price drops, new models, deprecations
Every Tuesday: which models got cheaper, which launched, which got pulled. Five minutes. No filler.
Three axes, one overall score
- Value (35%) — capability per dollar. Context length, vision, tools, and structured-output support divided by log-scaled blended price.
- Cheapness (35%) — raw affordability. Free models score 10. Paid models use an inverse log curve anchored at $0.01 / Mtok.
- Frontier (30%) — how close to the state of the art. Recent releases, long context windows, and premium pricing all contribute.
Blended price formula
- Most production workloads are input-heavy, so the index uses a 3:1 blended price:
(input × 0.75) + (output × 0.25). - All prices are normalized to dollars per million tokens. OpenRouter publishes per-token figures which we multiply by 1,000,000 before display.
Where does the pricing data come from?
Every model and price on this page is sourced from OpenRouter's public models API, which aggregates pricing directly from model providers including Anthropic, OpenAI, Google, Mistral, Meta, xAI, DeepSeek, and dozens of others. The pipeline re-fetches and re-scores the entire catalog once per day.
Why normalize to $/million tokens?
Model providers publish prices in inconsistent units — per 1K tokens, per million tokens, per character, sometimes per request. Comparing them directly is error-prone. Dollars per million tokens is the industry's most common reporting unit and makes cross-provider comparisons immediate and honest.
What does "3:1 blended" mean?
Most production LLM workloads are input-heavy — context, RAG retrievals, system prompts — while output is comparatively short. A 3:1 input:output ratio is the informal industry convention for producing a single number that reflects typical cost: (input × 0.75) + (output × 0.25). Your actual ratio may differ; always check both input and output columns for workloads with long generations.
What's the cheapest LLM right now?
The cheapest paid model as of the latest scan is Gemma 3n 4B from Google at $0.025 per million tokens (3:1 blended). Sort by "Cheapest" above for the full ranking. Many providers also offer free-tier variants of their models, which score a perfect 10 on the cheapness axis.
Is this affiliated with OpenRouter or any provider?
No. MegaOne AI is independent. OpenRouter is used as a public data source because their models API is the most complete and up-to-date LLM catalog available, but this directory is not operated by OpenRouter and we rate all models — including ones that compete with one another.
How often does the price index update?
A full re-fetch, re-score, and daily snapshot runs once per 24 hours. Snapshots are written to a history table so we can build price-over-time charts and detect drops. New models typically appear within 24 hours of being added to OpenRouter.
Is it free to use?
Yes. Browsing, filtering, sorting, and searching the entire price index is free. The weekly email briefing is free. There is no account required and no paywall.