Live · updated 8 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).

Gemma 4 26B A4B (free)

9.0/10
Google · google/gemma-4-26b-a4b-it:free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

Gemma 4 26B A4B IT is an instruction-tuned Mixture-of-Experts (MoE) model from Google DeepMind. Despite 25.2B total parameters, only 3.8B activate per…

10.0Value
10.0Cheap
6.5Frontier
Vision Free Open weights 262K ctx Tools Reasoning

Gemma 4 31B (free)

9.0/10
Google · google/gemma-4-31b-it:free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

Gemma 4 31B Instruct is Google DeepMind's 30.7B dense multimodal model supporting text and image input with text output. Features a 256K…

10.0Value
10.0Cheap
6.5Frontier
Vision Free Open weights 262K ctx Tools Reasoning

Qwen3.5-Flash

8.2/10
Qwen · qwen/qwen3.5-flash-02-23
$0.065 Input /Mtok
$0.260 Output /Mtok
$0.114 Blended 3:1

The Qwen3.5 native vision-language Flash models are built on a hybrid architecture that integrates a linear attention mechanism with a sparse mixture-of-experts…

10.0Value
7.9Cheap
6.5Frontier
Vision 1.0M ctx Tools Reasoning #37 cheapest

Free Models Router

8.2/10
OpenRouter · openrouter/free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

The simplest way to get free inference. openrouter/free is a router that selects free models at random from the models available on…

10.0Value
10.0Cheap
4.0Frontier
Vision Free 200K ctx Tools Reasoning

Gemma 4 26B A4B

8.1/10
Google · google/gemma-4-26b-a4b-it
$0.120 Input /Mtok
$0.400 Output /Mtok
$0.190 Blended 3:1

Gemma 4 26B A4B IT is an instruction-tuned Mixture-of-Experts (MoE) model from Google DeepMind. Despite 25.2B total parameters, only 3.8B activate per…

10.0Value
7.4Cheap
6.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Nemotron Nano 12B 2 VL (free)

8.1/10
NVIDIA · nvidia/nemotron-nano-12b-v2-vl:free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

NVIDIA Nemotron Nano 2 VL is a 12-billion-parameter open multimodal reasoning model designed for video understanding and document intelligence. It introduces a…

10.0Value
10.0Cheap
3.5Frontier
Vision Free Open weights 128K ctx Tools Reasoning

Qwen3.5-9B

8.0/10
Qwen · qwen/qwen3.5-9b
$0.050 Input /Mtok
$0.150 Output /Mtok
$0.075 Blended 3:1

Qwen3.5-9B is a multimodal foundation model from the Qwen3.5 family, designed to deliver strong reasoning, coding, and visual understanding in an efficient…

10.0Value
8.3Cheap
5.5Frontier
Vision Open weights 256K ctx Tools Reasoning #24 cheapest

Gemma 4 31B

8.0/10
Google · google/gemma-4-31b-it
$0.140 Input /Mtok
$0.400 Output /Mtok
$0.205 Blended 3:1

Gemma 4 31B Instruct is Google DeepMind's 30.7B dense multimodal model supporting text and image input with text output. Features a 256K…

10.0Value
7.4Cheap
6.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Qwen3.6 Plus

8.0/10
Qwen · qwen/qwen3.6-plus
$0.325 Input /Mtok
$1.95 Output /Mtok
$0.731 Blended 3:1

Qwen 3.6 Plus builds on a hybrid architecture that combines efficient linear attention with sparse mixture-of-experts routing, enabling strong scalability and high-performance…

10.0Value
6.3Cheap
7.5Frontier
Vision 1.0M ctx Tools Reasoning

Seed-2.0-Mini

7.8/10
Bytedance Seed · bytedance-seed/seed-2.0-mini
$0.100 Input /Mtok
$0.400 Output /Mtok
$0.175 Blended 3:1

Seed-2.0-mini targets latency-sensitive, high-concurrency, and cost-sensitive scenarios, emphasizing fast response and flexible inference deployment. It delivers performance comparable to ByteDance-Seed-1.6, supports 256k…

10.0Value
7.5Cheap
5.5Frontier
Vision 262K ctx Tools Reasoning

Qwen3.5 Plus 2026-02-15

7.7/10
Qwen · qwen/qwen3.5-plus-02-15
$0.260 Input /Mtok
$1.56 Output /Mtok
$0.585 Blended 3:1

The Qwen3.5 native vision-language series Plus models are built on a hybrid architecture that integrates linear attention mechanisms with sparse mixture-of-experts models,…

10.0Value
6.5Cheap
6.5Frontier
Vision 1.0M ctx Tools Reasoning

Mistral Small 4

7.7/10
Mistral · mistralai/mistral-small-2603
$0.150 Input /Mtok
$0.600 Output /Mtok
$0.263 Blended 3:1

Mistral Small 4 is the next major release in the Mistral Small family, unifying the capabilities of several flagship Mistral models into…

10.0Value
7.2Cheap
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Grok 4.1 Fast

7.5/10
xAI · x-ai/grok-4.1-fast
$0.200 Input /Mtok
$0.500 Output /Mtok
$0.275 Blended 3:1

Grok 4.1 Fast is xAI's best agentic tool calling model that shines in real-world use cases like customer support and deep research.…

10.0Value
7.1Cheap
5.0Frontier
Vision 2M ctx Tools Reasoning

Gemma 3 27B (free)

7.5/10
Google · google/gemma-3-27b-it:free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

Gemma 3 introduces multimodality, supporting vision-language input and text outputs. It handles context windows up to 128k tokens, understands over 140 languages,…

10.0Value
10.0Cheap
1.5Frontier
Vision Free Open weights 131K ctx

Seed 1.6 Flash

7.4/10
Bytedance Seed · bytedance-seed/seed-1.6-flash
$0.075 Input /Mtok
$0.300 Output /Mtok
$0.131 Blended 3:1

Seed 1.6 Flash is an ultra-fast multimodal deep thinking model by ByteDance Seed, supporting both text and visual understanding. It features a…

10.0Value
7.8Cheap
4.0Frontier
Vision 262K ctx Tools Reasoning #47 cheapest

Qwen3.5-35B-A3B

7.4/10
Qwen · qwen/qwen3.5-35b-a3b
$0.163 Input /Mtok
$1.30 Output /Mtok
$0.447 Blended 3:1

The Qwen3.5 Series 35B-A3B is a native vision-language model designed with a hybrid architecture that integrates linear attention mechanisms and a sparse…

9.7Value
6.7Cheap
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Ministral 3 8B 2512

7.4/10
Mistral · mistralai/ministral-8b-2512
$0.150 Input /Mtok
$0.150 Output /Mtok
$0.150 Blended 3:1

A balanced model in the Ministral 3 family, Ministral 3 8B is a powerful, efficient tiny language model with vision capabilities.

10.0Value
7.7Cheap
4.0Frontier
Vision Open weights 262K ctx Tools

Reka Edge

7.4/10
Rekaai · rekaai/reka-edge
$0.100 Input /Mtok
$0.100 Output /Mtok
$0.100 Blended 3:1

Reka Edge is an extremely efficient 7B multimodal vision-language model that accepts image/video+text inputs and generates text outputs. This model is optimized…

10.0Value
8.0Cheap
3.5Frontier
Vision Open weights 16K ctx Tools #30 cheapest

Ministral 3 3B 2512

7.4/10
Mistral · mistralai/ministral-3b-2512
$0.100 Input /Mtok
$0.100 Output /Mtok
$0.100 Blended 3:1

The smallest model in the Ministral 3 family, Ministral 3 3B is a powerful, efficient tiny language model with vision capabilities.

10.0Value
8.0Cheap
3.5Frontier
Vision Open weights 131K ctx Tools #31 cheapest

GPT-5.4 Nano

7.4/10
OpenAI · openai/gpt-5.4-nano
$0.200 Input /Mtok
$1.25 Output /Mtok
$0.463 Blended 3:1

GPT-5.4 nano is the most lightweight and cost-efficient variant of the GPT-5.4 family, optimized for speed-critical and high-volume tasks. It supports text…

9.6Value
6.7Cheap
5.5Frontier
Vision 400K ctx Tools Reasoning

GPT-4.1 Nano

7.3/10
OpenAI · openai/gpt-4.1-nano
$0.100 Input /Mtok
$0.400 Output /Mtok
$0.175 Blended 3:1

For tasks that demand low latency, GPT‑4.1 nano is the fastest and cheapest model in the GPT-4.1 series. It delivers exceptional performance…

10.0Value
7.5Cheap
4.0Frontier
Vision 1.0M ctx Tools

Ministral 3 14B 2512

7.3/10
Mistral · mistralai/ministral-14b-2512
$0.200 Input /Mtok
$0.200 Output /Mtok
$0.200 Blended 3:1

The largest model in the Ministral 3 family, Ministral 3 14B offers frontier capabilities and performance comparable to its larger Mistral Small…

10.0Value
7.4Cheap
4.0Frontier
Vision Open weights 262K ctx Tools

Grok 4.20

7.3/10
xAI · x-ai/grok-4.20
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Grok 4.20 is xAI's newest flagship model with industry-leading speed and agentic tool calling capabilities. It combines the lowest hallucination rate on…

8.1Value
5.1Cheap
9.0Frontier
Vision 2M ctx Tools Reasoning

Grok 4 Fast

7.2/10
xAI · x-ai/grok-4-fast
$0.200 Input /Mtok
$0.500 Output /Mtok
$0.275 Blended 3:1

Grok 4 Fast is xAI's latest multimodal model with SOTA cost-efficiency and a 2M token context window. It comes in two flavors:…

10.0Value
7.1Cheap
4.0Frontier
Vision 2M ctx Tools Reasoning

Qwen3.5-27B

7.2/10
Qwen · qwen/qwen3.5-27b
$0.195 Input /Mtok
$1.56 Output /Mtok
$0.536 Blended 3:1

The Qwen3.5 27B native vision-language Dense model incorporates a linear attention mechanism, delivering fast response times while balancing inference speed and performance.…

9.3Value
6.5Cheap
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Qwen3 VL 8B Instruct

7.2/10
Qwen · qwen/qwen3-vl-8b-instruct
$0.080 Input /Mtok
$0.500 Output /Mtok
$0.185 Blended 3:1

Qwen3-VL-8B-Instruct is a multimodal vision-language model from the Qwen3-VL series, built for high-fidelity understanding and reasoning across text, images, and video. It…

10.0Value
7.5Cheap
3.5Frontier
Vision Open weights 131K ctx Tools

Gemma 3 4B (free)

7.2/10
Google · google/gemma-3-4b-it:free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

Gemma 3 introduces multimodality, supporting vision-language input and text outputs. It handles context windows up to 128k tokens, understands over 140 languages,…

10.0Value
10.0Cheap
0.5Frontier
Vision Free Open weights 33K ctx

Gemma 3 12B (free)

7.2/10
Google · google/gemma-3-12b-it:free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

Gemma 3 introduces multimodality, supporting vision-language input and text outputs. It handles context windows up to 128k tokens, understands over 140 languages,…

10.0Value
10.0Cheap
0.5Frontier
Vision Free Open weights 33K ctx

Qwen3 VL 32B Instruct

7.1/10
Qwen · qwen/qwen3-vl-32b-instruct
$0.104 Input /Mtok
$0.416 Output /Mtok
$0.182 Blended 3:1

Qwen3-VL-32B-Instruct is a large-scale multimodal vision-language model designed for high-precision understanding and reasoning across text, images, and video. With 32 billion parameters,…

9.8Value
7.5Cheap
3.5Frontier
Vision Open weights 131K ctx Tools

GPT-5 Nano

7.1/10
OpenAI · openai/gpt-5-nano
$0.050 Input /Mtok
$0.400 Output /Mtok
$0.138 Blended 3:1

GPT-5-Nano is the smallest and fastest variant in the GPT-5 system, optimized for developer tools, rapid interactions, and ultra-low latency environments. While…

10.0Value
7.7Cheap
3.0Frontier
Vision 400K ctx Tools Reasoning

Mistral Small 3.2 24B

7.0/10
Mistral · mistralai/mistral-small-3.2-24b-instruct
$0.075 Input /Mtok
$0.200 Output /Mtok
$0.106 Blended 3:1

Mistral-Small-3.2-24B-Instruct-2506 is an updated 24B parameter model from Mistral optimized for instruction following, repetition reduction, and improved function calling. Compared to the…

10.0Value
8.0Cheap
2.5Frontier
Vision Open weights 128K ctx Tools #36 cheapest

Nova 2 Lite

7.0/10
Amazon · amazon/nova-2-lite-v1
$0.300 Input /Mtok
$2.50 Output /Mtok
$0.850 Blended 3:1

Nova 2 Lite is a fast, cost-effective reasoning model for everyday workloads that can process text, images, and videos to generate text.…

9.5Value
6.1Cheap
5.0Frontier
Vision 1.0M ctx Tools Reasoning

Mistral Small 3.1 24B

7.0/10
Mistral · mistralai/mistral-small-3.1-24b-instruct
$0.030 Input /Mtok
$0.110 Output /Mtok
$0.050 Blended 3:1

Mistral Small 3.1 24B Instruct is an upgraded variant of Mistral Small 3 (2501), featuring 24 billion parameters with advanced multimodal capabilities.…

10.0Value
8.6Cheap
1.5Frontier
Vision Open weights 131K ctx #10 cheapest

Gemma 3 4B

7.0/10
Google · google/gemma-3-4b-it
$0.040 Input /Mtok
$0.080 Output /Mtok
$0.050 Blended 3:1

Gemma 3 introduces multimodality, supporting vision-language input and text outputs. It handles context windows up to 128k tokens, understands over 140 languages,…

10.0Value
8.6Cheap
1.5Frontier
Vision Open weights 131K ctx #11 cheapest

GPT-4.1 Mini

6.9/10
OpenAI · openai/gpt-4.1-mini
$0.400 Input /Mtok
$1.60 Output /Mtok
$0.700 Blended 3:1

GPT-4.1 Mini is a mid-sized model delivering performance competitive with GPT-4o at substantially lower latency and cost. It retains a 1 million…

10.0Value
6.3Cheap
4.0Frontier
Vision 1.0M ctx Tools

Llama 4 Maverick

6.9/10
Meta · meta-llama/llama-4-maverick
$0.150 Input /Mtok
$0.600 Output /Mtok
$0.263 Blended 3:1

Llama 4 Maverick 17B Instruct (128E) is a high-capacity multimodal language model from Meta, built on a mixture-of-experts (MoE) architecture with 128…

10.0Value
7.2Cheap
3.0Frontier
Vision Open weights 1.0M ctx Tools

Seed-2.0-Lite

6.9/10
Bytedance Seed · bytedance-seed/seed-2.0-lite
$0.250 Input /Mtok
$2.00 Output /Mtok
$0.688 Blended 3:1

Seed-2.0-Lite is a versatile, cost‑efficient enterprise workhorse that delivers strong multimodal and agent capabilities while offering noticeably lower latency, making it a…

8.7Value
6.3Cheap
5.5Frontier
Vision 262K ctx Tools Reasoning

Gemma 3 12B

6.9/10
Google · google/gemma-3-12b-it
$0.040 Input /Mtok
$0.130 Output /Mtok
$0.063 Blended 3:1

Gemma 3 introduces multimodality, supporting vision-language input and text outputs. It handles context windows up to 128k tokens, understands over 140 languages,…

10.0Value
8.4Cheap
1.5Frontier
Vision Open weights 131K ctx #19 cheapest

Nova Lite 1.0

6.9/10
Amazon · amazon/nova-lite-v1
$0.060 Input /Mtok
$0.240 Output /Mtok
$0.105 Blended 3:1

Amazon Nova Lite 1.0 is a very low-cost multimodal model from Amazon that focused on fast processing of image, video, and text…

10.0Value
8.0Cheap
2.0Frontier
Vision 300K ctx Tools #35 cheapest

Qwen3.5-122B-A10B

6.9/10
Qwen · qwen/qwen3.5-122b-a10b
$0.260 Input /Mtok
$2.08 Output /Mtok
$0.715 Blended 3:1

The Qwen3.5 122B-A10B native vision-language model is built on a hybrid architecture that integrates a linear attention mechanism with a sparse mixture-of-experts…

8.6Value
6.3Cheap
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Grok 4.20 Multi-Agent

6.8/10
xAI · x-ai/grok-4.20-multi-agent
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Grok 4.20 Multi-Agent is a variant of xAI’s Grok 4.20 designed for collaborative, agent-based workflows. Multiple agents operate in parallel to conduct…

6.8Value
5.1Cheap
9.0Frontier
Vision 2M ctx Reasoning

Llama 4 Scout

6.8/10
Meta · meta-llama/llama-4-scout
$0.080 Input /Mtok
$0.300 Output /Mtok
$0.135 Blended 3:1

Llama 4 Scout 17B Instruct (16E) is a mixture-of-experts (MoE) language model developed by Meta, activating 17 billion parameters out of a…

10.0Value
7.7Cheap
2.0Frontier
Vision Open weights 328K ctx Tools #50 cheapest

Qwen3 VL 30B A3B Instruct

6.8/10
Qwen · qwen/qwen3-vl-30b-a3b-instruct
$0.130 Input /Mtok
$0.520 Output /Mtok
$0.228 Blended 3:1

Qwen3-VL-30B-A3B-Instruct is a multimodal model that unifies strong text generation with visual understanding for images and videos. Its Instruct variant optimizes instruction-following…

10.0Value
7.3Cheap
2.5Frontier
Vision Open weights 131K ctx Tools

Qwen3 VL 235B A22B Instruct

6.8/10
Qwen · qwen/qwen3-vl-235b-a22b-instruct
$0.200 Input /Mtok
$0.880 Output /Mtok
$0.370 Blended 3:1

Qwen3-VL-235B-A22B Instruct is an open-weight multimodal model that unifies strong text generation with visual understanding across images and video. The Instruct model…

10.0Value
6.9Cheap
3.0Frontier
Vision Open weights 262K ctx Tools

Gemma 3 27B

6.8/10
Google · google/gemma-3-27b-it
$0.080 Input /Mtok
$0.160 Output /Mtok
$0.100 Blended 3:1

Gemma 3 introduces multimodality, supporting vision-language input and text outputs. It handles context windows up to 128k tokens, understands over 140 languages,…

10.0Value
8.0Cheap
1.5Frontier
Vision Open weights 131K ctx #33 cheapest

Qwen3.5 397B A17B

6.7/10
Qwen · qwen/qwen3.5-397b-a17b
$0.390 Input /Mtok
$2.34 Output /Mtok
$0.878 Blended 3:1

The Qwen3.5 series 397B-A17B native vision-language model is built on a hybrid architecture that integrates a linear attention mechanism with a sparse…

8.2Value
6.1Cheap
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

MiniMax-01

6.5/10
Minimax · minimax/minimax-01
$0.200 Input /Mtok
$1.10 Output /Mtok
$0.425 Blended 3:1

MiniMax-01 is a combines MiniMax-Text-01 for text generation and MiniMax-VL-01 for image understanding. It has 456 billion parameters, with 45.9 billion parameters…

9.3Value
6.7Cheap
3.0Frontier
Vision Open weights 1.0M ctx

GPT-5.4

6.5/10
OpenAI · openai/gpt-5.4
$2.50 Input /Mtok
$15.00 Output /Mtok
$5.63 Blended 3:1

GPT-5.4 is OpenAI’s latest frontier model, unifying the Codex and GPT lines into a single system. It features a 1M+ token context…

7.3Value
4.5Cheap
8.0Frontier
Vision 1.1M ctx Tools Reasoning

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.