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 Ling-2.6-flash at $0.015 per million tokens (3:1 blended).
Mistral Small 3.2 24B
6.7/10Mistral-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…
Qwen3.5-27B
6.7/10The Qwen3.5 27B native vision-language Dense model incorporates a linear attention mechanism, delivering fast response times while balancing inference speed and performance.…
Qwen3 VL 8B Thinking
6.7/10Qwen3-VL-8B-Thinking is the reasoning-optimized variant of the Qwen3-VL-8B multimodal model, designed for advanced visual and textual reasoning across complex scenes, documents, and…
Nova 2 Lite
6.7/10Nova 2 Lite is a fast, cost-effective reasoning model for everyday workloads that can process text, images, and videos to generate text.…
Grok Build 0.1
6.7/10Grok Build 0.1 is xAI’s fast coding model trained specifically for agentic software engineering workflows. It supports text and image inputs with…
GPT-4.1 Mini
6.6/10GPT-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…
Kimi K2.7 Code
6.6/10MoonshotAI: Kimi K2.7 Code is a coding-focused model in Moonshot AI's Kimi K2 family, built to complete end-to-end programming tasks reliably over…
MiniMax-01
6.5/10MiniMax-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…
GPT-5.6 Sol Pro
6.5/10GPT-5.6 Sol Pro is the same underlying model as [GPT-5.6 Sol](https://openrouter.ai/openai/gpt-5.6-sol), served with `reasoning.mode` set to `pro` for higher-quality responses on complex…
GPT-5.6 Sol
6.5/10GPT-5.6 Sol is the flagship model in OpenAI's GPT-5.6 series. It is suited for complex reasoning, coding, and agentic workflows, and is…
Seed-2.0-Lite
6.5/10Seed-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…
Grok 4.20 Multi-Agent
6.4/10Grok 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…
Grok 4.5
6.4/10Grok 4.5 is SpaceXAI's smartest model with frontier performance on coding, knowledge work, and STEM.
Grok Latest
6.4/10This model always redirects to the latest Grok model from xAI.
Qwen3.5-122B-A10B
6.4/10The 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…
GPT-4o-mini (2024-07-18)
6.4/10GPT-4o mini is OpenAI's newest model after [GPT-4 Omni](/models/openai/gpt-4o), supporting both text and image inputs with text outputs. As their most advanced…
GPT-4o-mini
6.4/10GPT-4o mini is OpenAI's newest model after [GPT-4 Omni](/models/openai/gpt-4o), supporting both text and image inputs with text outputs. As their most advanced…
Kimi K2.5
6.3/10Kimi K2.5 is Moonshot AI's native multimodal model, delivering state-of-the-art visual coding capability and a self-directed agent swarm paradigm. Built on Kimi…
Anthropic Claude Sonnet Latest
6.3/10This model always redirects to the latest model in the Anthropic Claude Sonnet family.
Qwen3.6 27B
6.3/10Qwen3.6 27B is a dense 27-billion-parameter language model from the Qwen Team at Alibaba, released in April 2026. It features hybrid multimodal…
Claude Opus 4.8
6.3/10Claude Opus 4.8 is Anthropic's most capable generally available model in the Opus family. It supports text, image, and file inputs with…
Fugu Ultra
6.2/10Fugu Ultra is the higher-performance model in Sakana AI's Fugu family. Rather than a single monolithic model, Fugu is a learned multi-agent…
Qwen3.5 397B A17B
6.2/10The Qwen3.5 series 397B-A17B native vision-language model is built on a hybrid architecture that integrates a linear attention mechanism with a sparse…
Seed 1.6
6.2/10Seed 1.6 is a general-purpose model released by the ByteDance Seed team. It incorporates multimodal capabilities and adaptive deep thinking with a…
GPT-5.1-Codex-Mini
6.2/10GPT-5.1-Codex-Mini is a smaller and faster version of GPT-5.1-Codex
GPT-5 Mini
6.2/10GPT-5 Mini is a compact version of GPT-5, designed to handle lighter-weight reasoning tasks. It provides the same instruction-following and safety-tuning benefits…
Kimi K2.6
6.1/10Kimi K2.6 is Moonshot AI's next-generation multimodal model, designed for long-horizon coding, coding-driven UI/UX generation, and multi-agent orchestration. It handles complex end-to-end…
MoonshotAI Kimi Latest
6.1/10This model always redirects to the latest model in the MoonshotAI Kimi family.
Mistral Large 3 2512
6.1/10Mistral Large 3 2512 is Mistral’s most capable model to date, featuring a sparse mixture-of-experts architecture with 41B active parameters (675B total),…
GPT-5.4
6.1/10GPT-5.4 is OpenAI’s latest frontier model, unifying the Codex and GPT lines into a single system. It features a 1M+ token context…
Claude Sonnet 4.6
6.0/10Sonnet 4.6 is Anthropic's most capable Sonnet-class model yet, with frontier performance across coding, agents, and professional work. It excels at iterative…
Qwen3 VL 30B A3B Thinking
6.0/10Qwen3-VL-30B-A3B-Thinking is a multimodal model that unifies strong text generation with visual understanding for images and videos. Its Thinking variant enhances reasoning…
GPT-5.4 Mini
6.0/10GPT-5.4 mini brings the core capabilities of GPT-5.4 to a faster, more efficient model optimized for high-throughput workloads. It supports text and…
OpenAI GPT Mini Latest
6.0/10This model always redirects to the latest model in the OpenAI GPT Mini family.
Claude 3 Haiku
5.9/10Claude 3 Haiku is Anthropic's fastest and most compact model for near-instant responsiveness. Quick and accurate targeted performance. See the launch announcement…
Claude Opus 4.8 (Fast)
5.9/10Fast-mode variant of [Opus 4.8](/anthropic/claude-opus-4.8) - identical capabilities with higher output speed at 2x pricing relative to regular Opus 4.8. Learn more…
Claude Fable Latest
5.9/10This model always redirects to the latest model in the Claude Fable family.
Claude Fable 5
5.9/10Claude Fable 5 is a Mythos-class model from Anthropic, built for autonomous knowledge work and coding. It supports text, image, and file…
Claude Opus 4.6
5.8/10Opus 4.6 is Anthropic’s strongest model for coding and long-running professional tasks. It is built for agents that operate across entire workflows…
Claude Opus 4.7
5.8/10Opus 4.7 is the next generation of Anthropic's Opus family, built for long-running, asynchronous agents. Building on the coding and agentic strengths…
Claude Opus Latest
5.8/10This model always redirects to the latest model in the Claude Opus family.
GPT-4.1
5.8/10GPT-4.1 is a flagship large language model optimized for advanced instruction following, real-world software engineering, and long-context reasoning. It supports a 1…
Anthropic Claude Haiku Latest
5.8/10This model always redirects to the latest model in the Anthropic Claude Haiku family.
GPT-5.5
5.8/10GPT-5.5 is OpenAI’s frontier model designed for complex professional workloads, building on GPT-5.4 with stronger reasoning, higher reliability, and improved token efficiency…
OpenAI GPT Latest
5.8/10This model always redirects to the latest model in the OpenAI GPT family.
GLM 4.6V
5.7/10GLM-4.6V is a large multimodal model designed for high-fidelity visual understanding and long-context reasoning across images, documents, and mixed media. It supports…
Claude Sonnet 4.5
5.7/10Claude Sonnet 4.5 is Anthropic’s most advanced Sonnet model to date, optimized for real-world agents and coding workflows. It delivers state-of-the-art performance…
Nano Banana 2 (Gemini 3.1 Flash Image)
5.7/10Gemini 3.1 Flash Image, a.k.a. "Nano Banana 2," is Google’s latest state of the art image generation and editing model, delivering Pro-level…
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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 Ling-2.6-flash from Inclusionai at $0.015 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.