Live · updated 10 hr ago 348 Models Tracked

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.

Models 348
Providers 20+
Free Tier Models 27
Median Price / Mtok $0.628

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).

Mercury

5.6/10
Inception · inception/mercury
$0.250 Input /Mtok
$0.750 Output /Mtok
$0.375 Blended 3:1

Mercury is the first diffusion large language model (dLLM). Applying a breakthrough discrete diffusion approach, the model runs 5-10x faster than even…

6.9Value
6.9Cheap
2.5Frontier
Text 128K ctx Tools

Palmyra X5

5.5/10
Writer · writer/palmyra-x5
$0.600 Input /Mtok
$6.00 Output /Mtok
$1.95 Blended 3:1

Palmyra X5 is Writer's most advanced model, purpose-built for building and scaling AI agents across the enterprise. It delivers industry-leading speed and…

5.2Value
5.4Cheap
6.0Frontier
Text 1.0M ctx

ERNIE 4.5 21B A3B

5.5/10
Baidu · baidu/ernie-4.5-21b-a3b
$0.070 Input /Mtok
$0.280 Output /Mtok
$0.123 Blended 3:1

A sophisticated text-based Mixture-of-Experts (MoE) model featuring 21B total parameters with 3B activated per token, delivering exceptional multimodal understanding and generation through…

6.6Value
7.8Cheap
1.5Frontier
Text Open weights 120K ctx Tools #41 cheapest

GLM 4.6

5.5/10
Z Ai · z-ai/glm-4.6
$0.390 Input /Mtok
$1.90 Output /Mtok
$0.768 Blended 3:1

Compared with GLM-4.5, this generation brings several key improvements: Longer context window: The context window has been expanded from 128K to 200K…

6.8Value
6.2Cheap
3.0Frontier
Text Open weights 205K ctx Tools Reasoning

Kimi K2 0905

5.4/10
Moonshotai · moonshotai/kimi-k2-0905
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

Kimi K2 0905 is the September update of [Kimi K2 0711](moonshotai/kimi-k2). It is a large-scale Mixture-of-Experts (MoE) language model developed by Moonshot…

6.7Value
6.2Cheap
3.0Frontier
Text Open weights 262K ctx Tools

DeepSeek V3 0324

5.3/10
DeepSeek · deepseek/deepseek-chat-v3-0324
$0.200 Input /Mtok
$0.770 Output /Mtok
$0.343 Blended 3:1

DeepSeek V3, a 685B-parameter, mixture-of-experts model, is the latest iteration of the flagship chat model family from the DeepSeek team. It succeeds…

7.0Value
6.9Cheap
1.5Frontier
Text Open weights 164K ctx Tools Reasoning

Olmo 3.1 32B Instruct

5.3/10
Allenai · allenai/olmo-3.1-32b-instruct
$0.200 Input /Mtok
$0.600 Output /Mtok
$0.300 Blended 3:1

Olmo 3.1 32B Instruct is a large-scale, 32-billion-parameter instruction-tuned language model engineered for high-performance conversational AI, multi-turn dialogue, and practical instruction following.…

6.0Value
7.1Cheap
2.5Frontier
Text Open weights 66K ctx Tools

Relace Search

5.3/10
Relace · relace/relace-search
$1.00 Input /Mtok
$3.00 Output /Mtok
$1.50 Blended 3:1

The relace-search model uses 4-12 `view_file` and `grep` tools in parallel to explore a codebase and return relevant files to the user…

5.2Value
5.7Cheap
5.0Frontier
Text 256K ctx Tools

GLM 5

5.1/10
Z Ai · z-ai/glm-5
$0.720 Input /Mtok
$2.30 Output /Mtok
$1.12 Blended 3:1

GLM-5 is Z.ai’s flagship open-source foundation model engineered for complex systems design and long-horizon agent workflows. Built for expert developers, it delivers…

4.3Value
5.9Cheap
5.0Frontier
Text Open weights 80K ctx Tools Reasoning

GLM 4.5

5.0/10
Z Ai · z-ai/glm-4.5
$0.600 Input /Mtok
$2.20 Output /Mtok
$1.00 Blended 3:1

GLM-4.5 is our latest flagship foundation model, purpose-built for agent-based applications. It leverages a Mixture-of-Experts (MoE) architecture and supports a context length…

5.4Value
6.0Cheap
3.5Frontier
Text Open weights 131K ctx Tools Reasoning

Mistral Small 3

5.0/10
Mistral · mistralai/mistral-small-24b-instruct-2501
$0.050 Input /Mtok
$0.080 Output /Mtok
$0.058 Blended 3:1

Mistral Small 3 is a 24B-parameter language model optimized for low-latency performance across common AI tasks. Released under the Apache 2.0 license,…

5.3Value
8.5Cheap
0.5Frontier
Text Open weights 33K ctx #16 cheapest

Aion-2.0

5.0/10
Aion Labs · aion-labs/aion-2.0
$0.800 Input /Mtok
$1.60 Output /Mtok
$1.00 Blended 3:1

Aion-2.0 is a variant of DeepSeek V3.2 optimized for immersive roleplaying and storytelling. It is particularly strong at introducing tension, crises, and…

3.0Value
6.0Cheap
6.0Frontier
Text 131K ctx Reasoning

Rocinante 12B

4.9/10
Thedrummer · thedrummer/rocinante-12b
$0.170 Input /Mtok
$0.430 Output /Mtok
$0.235 Blended 3:1

Rocinante 12B is designed for engaging storytelling and rich prose. Early testers have reported: - Expanded vocabulary with unique and expressive word…

6.4Value
7.3Cheap
0.5Frontier
Text Open weights 33K ctx Tools

Llama 3.1 70B Instruct

4.8/10
Meta · meta-llama/llama-3.1-70b-instruct
$0.400 Input /Mtok
$0.400 Output /Mtok
$0.400 Blended 3:1

Meta's latest class of model (Llama 3.1) launched with a variety of sizes & flavors. This 70B instruct-tuned version is optimized for…

5.7Value
6.8Cheap
1.5Frontier
Text Open weights 131K ctx Tools

GPT-4o-mini Search Preview

4.8/10
OpenAI · openai/gpt-4o-mini-search-preview
$0.150 Input /Mtok
$0.600 Output /Mtok
$0.263 Blended 3:1

GPT-4o mini Search Preview is a specialized model for web search in Chat Completions. It is trained to understand and execute web…

5.4Value
7.2Cheap
1.5Frontier
Text 128K ctx

Kimi K2 0711

4.8/10
Moonshotai · moonshotai/kimi-k2
$0.570 Input /Mtok
$2.30 Output /Mtok
$1.00 Blended 3:1

Kimi K2 Instruct is a large-scale Mixture-of-Experts (MoE) language model developed by Moonshot AI, featuring 1 trillion total parameters with 32 billion…

4.6Value
6.0Cheap
3.5Frontier
Text Open weights 131K ctx Tools

Qwen2.5 72B Instruct

4.7/10
Qwen · qwen/qwen-2.5-72b-instruct
$0.120 Input /Mtok
$0.390 Output /Mtok
$0.188 Blended 3:1

Qwen2.5 72B is the latest series of Qwen large language models. Qwen2.5 brings the following improvements upon Qwen2: - Significantly more knowledge…

5.7Value
7.5Cheap
0.5Frontier
Text Open weights 33K ctx Tools

DeepSeek V3

4.7/10
DeepSeek · deepseek/deepseek-chat
$0.320 Input /Mtok
$0.890 Output /Mtok
$0.463 Blended 3:1

DeepSeek-V3 is the latest model from the DeepSeek team, building upon the instruction following and coding abilities of the previous versions. Pre-trained…

5.5Value
6.7Cheap
1.5Frontier
Text Open weights 164K ctx Tools

Llama 3.2 1B Instruct

4.7/10
Meta · meta-llama/llama-3.2-1b-instruct
$0.027 Input /Mtok
$0.200 Output /Mtok
$0.070 Blended 3:1

Llama 3.2 1B is a 1-billion-parameter language model focused on efficiently performing natural language tasks, such as summarization, dialogue, and multilingual text…

4.7Value
8.3Cheap
0.5Frontier
Text Open weights 60K ctx #22 cheapest

Saba

4.7/10
Mistral · mistralai/mistral-saba
$0.200 Input /Mtok
$0.600 Output /Mtok
$0.300 Blended 3:1

Mistral Saba is a 24B-parameter language model specifically designed for the Middle East and South Asia, delivering accurate and contextually relevant responses…

6.0Value
7.1Cheap
0.5Frontier
Text 33K ctx Tools

Cogito v2.1 671B

4.7/10
Deepcogito · deepcogito/cogito-v2.1-671b
$1.25 Input /Mtok
$1.25 Output /Mtok
$1.25 Blended 3:1

Cogito v2.1 671B MoE represents one of the strongest open models globally, matching performance of frontier closed and open models. This model…

3.6Value
5.8Cheap
4.5Frontier
Text 128K ctx Reasoning

Morph V3 Large

4.6/10
Morph · morph/morph-v3-large
$0.900 Input /Mtok
$1.90 Output /Mtok
$1.15 Blended 3:1

Morph's high-accuracy apply model for complex code edits. ~4,500 tokens/sec with 98% accuracy for precise code transformations. The model requires the prompt…

3.9Value
5.9Cheap
4.0Frontier
Text 262K ctx

Jamba Large 1.7

4.6/10
AI21 · ai21/jamba-large-1.7
$2.00 Input /Mtok
$8.00 Output /Mtok
$3.50 Blended 3:1

Jamba Large 1.7 is the latest model in the Jamba open family, offering improvements in grounding, instruction-following, and overall efficiency. Built on…

4.4Value
4.9Cheap
4.5Frontier
Text Open weights 256K ctx Tools

MythoMax 13B

4.6/10
Gryphe · gryphe/mythomax-l2-13b
$0.060 Input /Mtok
$0.060 Output /Mtok
$0.060 Blended 3:1

One of the highest performing and most popular fine-tunes of Llama 2 13B, with rich descriptions and roleplay. #merge

4.6Value
8.4Cheap
0.0Frontier
Text Open weights 4K ctx #17 cheapest

Cydonia 24B V4.1

4.5/10
Thedrummer · thedrummer/cydonia-24b-v4.1
$0.300 Input /Mtok
$0.500 Output /Mtok
$0.350 Blended 3:1

Uncensored and creative writing model based on Mistral Small 3.2 24B with good recall, prompt adherence, and intelligence.

3.9Value
6.9Cheap
2.5Frontier
Text Open weights 131K ctx

UnslopNemo 12B

4.5/10
Thedrummer · thedrummer/unslopnemo-12b
$0.400 Input /Mtok
$0.400 Output /Mtok
$0.400 Blended 3:1

UnslopNemo v4.1 is the latest addition from the creator of Rocinante, designed for adventure writing and role-play scenarios.

5.5Value
6.8Cheap
0.5Frontier
Text Open weights 33K ctx Tools

Relace Apply 3

4.4/10
Relace · relace/relace-apply-3
$0.850 Input /Mtok
$1.25 Output /Mtok
$0.950 Blended 3:1

Relace Apply 3 is a specialized code-patching LLM that merges AI-suggested edits straight into your source files. It can apply updates from…

4.1Value
6.0Cheap
3.0Frontier
Text 256K ctx

Llama 3.1 Nemotron 70B Instruct

4.3/10
NVIDIA · nvidia/llama-3.1-nemotron-70b-instruct
$1.20 Input /Mtok
$1.20 Output /Mtok
$1.20 Blended 3:1

NVIDIA's Llama 3.1 Nemotron 70B is a language model designed for generating precise and useful responses. Leveraging [Llama 3.1 70B](/models/meta-llama/llama-3.1-70b-instruct) architecture and…

4.4Value
5.8Cheap
2.5Frontier
Text Open weights 131K ctx Tools

Mistral Large 2411

4.2/10
Mistral · mistralai/mistral-large-2411
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Mistral Large 2 2411 is an update of [Mistral Large 2](/mistralai/mistral-large) released together with [Pixtral Large 2411](/mistralai/pixtral-large-2411) It provides a significant upgrade…

4.4Value
5.1Cheap
3.0Frontier
Text 131K ctx Tools

Reka Flash 3

4.2/10
Rekaai · rekaai/reka-flash-3
$0.100 Input /Mtok
$0.200 Output /Mtok
$0.125 Blended 3:1

Reka Flash 3 is a general-purpose, instruction-tuned large language model with 21 billion parameters, developed by Reka. It excels at general chat,…

3.7Value
7.8Cheap
0.5Frontier
Text Open weights 66K ctx Reasoning #44 cheapest

Grok 3

4.1/10
xAI · x-ai/grok-3
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Grok 3 is the latest model from xAI. It's their flagship model that excels at enterprise use cases like data extraction, coding,…

3.9Value
4.4Cheap
4.0Frontier
Text 131K ctx Tools

Gemma 2 9B

4.1/10
Google · google/gemma-2-9b-it
$0.030 Input /Mtok
$0.090 Output /Mtok
$0.045 Blended 3:1

Gemma 2 9B by Google is an advanced, open-source language model that sets a new standard for efficiency and performance in its…

3.1Value
8.7Cheap
0.0Frontier
Text Open weights 8K ctx #9 cheapest

Switchpoint Router

4.0/10
Switchpoint · switchpoint/router
$0.850 Input /Mtok
$3.40 Output /Mtok
$1.49 Blended 3:1

Switchpoint AI's router instantly analyzes your request and directs it to the optimal AI from an ever-evolving library. As the world of…

2.8Value
5.7Cheap
3.5Frontier
Text 131K ctx Reasoning

Command R+ (08-2024)

4.0/10
Cohere · cohere/command-r-plus-08-2024
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

command-r-plus-08-2024 is an update of the [Command R+](/models/cohere/command-r-plus) with roughly 50% higher throughput and 25% lower latencies as compared to the previous…

4.1Value
4.7Cheap
3.0Frontier
Text 128K ctx Tools

Command A

4.0/10
Cohere · cohere/command-a
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

Command A is an open-weights 111B parameter model with a 256k context window focused on delivering great performance across agentic, multilingual, and…

3.6Value
4.7Cheap
3.5Frontier
Text Open weights 256K ctx

ERNIE 4.5 300B A47B

3.9/10
Baidu · baidu/ernie-4.5-300b-a47b
$0.280 Input /Mtok
$1.10 Output /Mtok
$0.485 Blended 3:1

ERNIE-4.5-300B-A47B is a 300B parameter Mixture-of-Experts (MoE) language model developed by Baidu as part of the ERNIE 4.5 series. It activates 47B…

3.3Value
6.6Cheap
1.5Frontier
Text Open weights 123K ctx

Mixtral 8x7B Instruct

3.9/10
Mistral · mistralai/mixtral-8x7b-instruct
$0.540 Input /Mtok
$0.540 Output /Mtok
$0.540 Blended 3:1

Mixtral 8x7B Instruct is a pretrained generative Sparse Mixture of Experts, by Mistral AI, for chat and instruction use. Incorporates 8 experts…

4.2Value
6.5Cheap
0.5Frontier
Text Open weights 33K ctx Tools

MiniMax M2-her

3.9/10
Minimax · minimax/minimax-m2-her
$0.300 Input /Mtok
$1.20 Output /Mtok
$0.525 Blended 3:1

MiniMax M2-her is a dialogue-first large language model built for immersive roleplay, character-driven chat, and expressive multi-turn conversations. Designed to stay consistent…

2.3Value
6.6Cheap
2.5Frontier
Text 66K ctx

Hermes 2 Pro - Llama-3 8B

3.8/10
Nous Research · nousresearch/hermes-2-pro-llama-3-8b
$0.140 Input /Mtok
$0.140 Output /Mtok
$0.140 Blended 3:1

Hermes 2 Pro is an upgraded, retrained version of Nous Hermes 2, consisting of an updated and cleaned version of the OpenHermes…

3.1Value
7.7Cheap
0.0Frontier
Text Open weights 8K ctx

Mixtral 8x22B Instruct

3.6/10
Mistral · mistralai/mixtral-8x22b-instruct
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Mistral's official instruct fine-tuned version of [Mixtral 8x22B](/models/mistralai/mixtral-8x22b). It uses 39B active parameters out of 141B, offering unparalleled cost efficiency for its…

3.6Value
5.1Cheap
2.0Frontier
Text Open weights 66K ctx Tools

Grok 3 Beta

3.6/10
xAI · x-ai/grok-3-beta
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Grok 3 is the latest model from xAI. It's their flagship model that excels at enterprise use cases like data extraction, coding,…

3.3Value
4.4Cheap
3.0Frontier
Text 131K ctx Tools

GPT-4o Search Preview

3.6/10
OpenAI · openai/gpt-4o-search-preview
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

GPT-4o Search Previewis a specialized model for web search in Chat Completions. It is trained to understand and execute web search queries.

2.9Value
4.7Cheap
3.0Frontier
Text 128K ctx

GPT-4 Turbo Preview

3.5/10
OpenAI · openai/gpt-4-turbo-preview
$10.00 Input /Mtok
$30.00 Output /Mtok
$15.00 Blended 3:1

The preview GPT-4 model with improved instruction following, JSON mode, reproducible outputs, parallel function calling, and more. Training data: up to Dec…

3.4Value
3.7Cheap
3.5Frontier
Text 128K ctx Tools

GPT-4 Turbo (older v1106)

3.5/10
OpenAI · openai/gpt-4-1106-preview
$10.00 Input /Mtok
$30.00 Output /Mtok
$15.00 Blended 3:1

The latest GPT-4 Turbo model with vision capabilities. Vision requests can now use JSON mode and function calling. Training data: up to…

3.4Value
3.7Cheap
3.5Frontier
Text 128K ctx Tools

Qwen-Max

3.5/10
Qwen · qwen/qwen-max
$1.04 Input /Mtok
$4.16 Output /Mtok
$1.82 Blended 3:1

Qwen-Max, based on Qwen2.5, provides the best inference performance among [Qwen models](/qwen), especially for complex multi-step tasks. It's a large-scale MoE model…

3.2Value
5.5Cheap
1.5Frontier
Text 33K ctx Tools

GPT-3.5 Turbo (older v0613)

3.5/10
OpenAI · openai/gpt-3.5-turbo-0613
$1.00 Input /Mtok
$2.00 Output /Mtok
$1.25 Blended 3:1

GPT-3.5 Turbo is OpenAI's fastest model. It can understand and generate natural language or code, and is optimized for chat and traditional…

3.2Value
5.8Cheap
1.0Frontier
Text 4K ctx Tools

GPT-3.5 Turbo

3.5/10
OpenAI · openai/gpt-3.5-turbo
$0.500 Input /Mtok
$1.50 Output /Mtok
$0.750 Blended 3:1

GPT-3.5 Turbo is OpenAI's fastest model. It can understand and generate natural language or code, and is optimized for chat and traditional…

3.6Value
6.3Cheap
0.0Frontier
Text 16K ctx Tools

Mistral 7B Instruct v0.1

3.4/10
Mistral · mistralai/mistral-7b-instruct-v0.1
$0.110 Input /Mtok
$0.190 Output /Mtok
$0.130 Blended 3:1

A 7.3B parameter model that outperforms Llama 2 13B on all benchmarks, with optimizations for speed and context length.

1.8Value
7.8Cheap
0.0Frontier
Text Open weights 3K ctx #46 cheapest

Free · No spam

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.