Live · updated 5 hr ago 384 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 384
Providers 20+
Free Tier Models 20
Median Price / Mtok $0.850

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 Large 3 2512

6.1/10
Mistral · mistralai/mistral-large-2512
$0.500 Input /Mtok
$1.50 Output /Mtok
$0.750 Blended 3:1

Mistral Large 3 2512 is Mistral’s most capable model to date, featuring a sparse mixture-of-experts architecture with 41B active parameters (675B total),…

8.5Value
6.3Cheap
3.0Frontier
Vision 262K ctx Tools

Qwen3 VL 30B A3B Thinking

6.1/10
Qwen · qwen/qwen3-vl-30b-a3b-thinking
$0.200 Input /Mtok
$2.40 Output /Mtok
$0.750 Blended 3:1

Qwen3-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…

8.5Value
6.3Cheap
3.0Frontier
Vision Open weights 262K ctx Tools Reasoning

GPT-5.4

6.1/10
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
6.5Frontier
Vision 1.1M ctx Tools Reasoning

GPT-5.4 Mini

6.0/10
OpenAI · openai/gpt-5.4-mini
$0.750 Input /Mtok
$4.50 Output /Mtok
$1.69 Blended 3:1

GPT-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…

7.2Value
5.6Cheap
5.0Frontier
Vision 400K ctx Tools Reasoning

OpenAI GPT Mini Latest

6.0/10
~Openai · ~openai/gpt-mini-latest
$0.750 Input /Mtok
$4.50 Output /Mtok
$1.69 Blended 3:1

This model always redirects to the latest model in the OpenAI GPT Mini family.

7.2Value
5.6Cheap
5.0Frontier
Vision 400K ctx Tools Reasoning

Kimi K2.6

5.9/10
Moonshotai · moonshotai/kimi-k2.6
$0.950 Input /Mtok
$4.00 Output /Mtok
$1.71 Blended 3:1

Kimi 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…

7.2Value
5.5Cheap
5.0Frontier
Vision Open weights 262K ctx Tools Reasoning

Kimi K2.7 Code (batch)

5.9/10
Moonshotai · moonshotai/kimi-k2.7-code:batch
$0.950 Input /Mtok
$4.00 Output /Mtok
$1.71 Blended 3:1

MoonshotAI: 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…

7.2Value
5.5Cheap
5.0Frontier
Vision Open weights 262K ctx Tools Reasoning

Qwen3.5 397B A17B

5.9/10
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
3.0Frontier
Vision Open weights 262K ctx Tools Reasoning

Kimi K2.5

5.9/10
Moonshotai · moonshotai/kimi-k2.5
$0.450 Input /Mtok
$2.25 Output /Mtok
$0.900 Blended 3:1

Kimi 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…

8.2Value
6.1Cheap
3.0Frontier
Vision Open weights 262K ctx Tools Reasoning

Claude 3 Haiku

5.9/10
Anthropic · anthropic/claude-3-haiku
$0.250 Input /Mtok
$1.25 Output /Mtok
$0.500 Blended 3:1

Claude 3 Haiku is Anthropic's fastest and most compact model for near-instant responsiveness. Quick and accurate targeted performance. See the launch announcement…

8.5Value
6.6Cheap
2.0Frontier
Vision 200K ctx Tools

GPT-5 Mini

5.9/10
OpenAI · openai/gpt-5-mini
$0.250 Input /Mtok
$2.00 Output /Mtok
$0.688 Blended 3:1

GPT-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…

8.7Value
6.3Cheap
2.0Frontier
Vision 400K ctx Tools Reasoning

Claude Opus 5 (Fast)

5.9/10
Anthropic · anthropic/claude-opus-5-fast
$10.00 Input /Mtok
$50.00 Output /Mtok
$20.00 Blended 3:1

Fast-mode variant of [Opus 5](/anthropic/claude-opus-5) - identical capabilities with higher output speed at 2x pricing relative to regular Opus 5. Learn more…

6.1Value
3.4Cheap
8.5Frontier
Vision 1.0M ctx Tools Reasoning

Claude Opus 4.7

5.8/10
Anthropic · anthropic/claude-opus-4.7
$5.00 Input /Mtok
$25.00 Output /Mtok
$10.00 Blended 3:1

Opus 4.7 is the next generation of Anthropic's Opus family, built for long-running, asynchronous agents. Building on the coding and agentic strengths…

6.7Value
4.0Cheap
7.0Frontier
Vision 1.0M ctx Tools Reasoning

Claude Opus Latest

5.8/10
~Anthropic · ~anthropic/claude-opus-latest
$5.00 Input /Mtok
$25.00 Output /Mtok
$10.00 Blended 3:1

This model always redirects to the latest model in the Claude Opus family.

6.7Value
4.0Cheap
7.0Frontier
Vision 1.0M ctx Tools Reasoning

Claude Opus 4.8

5.8/10
Anthropic · anthropic/claude-opus-4.8
$5.00 Input /Mtok
$25.00 Output /Mtok
$10.00 Blended 3:1

Claude Opus 4.8 is Anthropic's most capable generally available model in the Opus family. It supports text, image, and file inputs with…

6.7Value
4.0Cheap
7.0Frontier
Vision 1.0M ctx Tools Reasoning

GPT-4.1

5.8/10
OpenAI · openai/gpt-4.1
$2.00 Input /Mtok
$8.00 Output /Mtok
$3.50 Blended 3:1

GPT-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…

7.9Value
4.9Cheap
4.5Frontier
Vision 1.0M ctx Tools

Anthropic Claude Haiku Latest

5.8/10
~Anthropic · ~anthropic/claude-haiku-latest
$1.00 Input /Mtok
$5.00 Output /Mtok
$2.00 Blended 3:1

This model always redirects to the latest model in the Anthropic Claude Haiku family.

7.0Value
5.4Cheap
5.0Frontier
Vision 200K ctx Tools Reasoning

GPT-5.5

5.8/10
OpenAI · openai/gpt-5.5
$5.00 Input /Mtok
$30.00 Output /Mtok
$11.25 Blended 3:1

GPT-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…

6.6Value
3.9Cheap
7.0Frontier
Vision 1.1M ctx Tools Reasoning

GLM 4.6V

5.7/10
Z Ai · z-ai/glm-4.6v
$0.300 Input /Mtok
$0.900 Output /Mtok
$0.450 Blended 3:1

GLM-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…

7.5Value
6.7Cheap
2.5Frontier
Vision Open weights 131K ctx Tools Reasoning

Claude Sonnet 4.6

5.7/10
Anthropic · anthropic/claude-sonnet-4.6
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Sonnet 4.6 is Anthropic's most capable Sonnet-class model yet, with frontier performance across coding, agents, and professional work. It excels at iterative…

7.2Value
4.4Cheap
5.5Frontier
Vision 1.0M ctx Tools Reasoning

Claude Sonnet 4.5

5.7/10
Anthropic · anthropic/claude-sonnet-4.5
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Claude 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…

7.2Value
4.4Cheap
5.5Frontier
Vision 1.0M ctx Tools Reasoning

Mistral Medium 3.5

5.7/10
Mistral · mistralai/mistral-medium-3-5
$1.50 Input /Mtok
$7.50 Output /Mtok
$3.00 Blended 3:1

Mistral Medium 3.5 is a dense 128B instruction-following model from Mistral AI. It supports text and image inputs with text output, and…

6.5Value
5.1Cheap
5.5Frontier
Vision 262K ctx Tools Reasoning

Qwen3 VL 8B Thinking

5.7/10
Qwen · qwen/qwen3-vl-8b-thinking
$0.180 Input /Mtok
$2.10 Output /Mtok
$0.660 Blended 3:1

Qwen3-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…

7.7Value
6.4Cheap
2.5Frontier
Vision Open weights 131K ctx Tools Reasoning

Nova Premier 1.0

5.7/10
Amazon · amazon/nova-premier-v1
$2.50 Input /Mtok
$12.50 Output /Mtok
$5.00 Blended 3:1

Amazon Nova Premier is the most capable of Amazon’s multimodal models for complex reasoning tasks and for use as the best teacher…

6.8Value
4.6Cheap
5.5Frontier
Vision 1.0M ctx Tools

GPT-5 Codex (batch)

5.6/10
OpenAI · openai/gpt-5-codex:batch
$0.625 Input /Mtok
$5.00 Output /Mtok
$1.72 Blended 3:1

GPT-5-Codex is a specialized version of GPT-5 optimized for software engineering and coding workflows. It is designed for both interactive development sessions…

7.2Value
5.5Cheap
4.0Frontier
Vision 400K ctx Tools Reasoning

o4 Mini High (batch)

5.5/10
OpenAI · openai/o4-mini-high:batch
$0.550 Input /Mtok
$2.20 Output /Mtok
$0.963 Blended 3:1

OpenAI o4-mini-high is the same model as [o4-mini](/openai/o4-mini) with reasoning_effort set to high. OpenAI o4-mini is a compact reasoning model in the…

8.1Value
6.0Cheap
2.0Frontier
Vision 200K ctx Tools Reasoning

o4 Mini (batch)

5.5/10
OpenAI · openai/o4-mini:batch
$0.550 Input /Mtok
$2.20 Output /Mtok
$0.963 Blended 3:1

OpenAI o4-mini is a compact reasoning model in the o-series, optimized for fast, cost-efficient performance while retaining strong multimodal and agentic capabilities.…

8.1Value
6.0Cheap
2.0Frontier
Vision 200K ctx Tools Reasoning

Claude Opus 4.6

5.5/10
Anthropic · anthropic/claude-opus-4.6
$5.00 Input /Mtok
$25.00 Output /Mtok
$10.00 Blended 3:1

Opus 4.6 is Anthropic’s strongest model for coding and long-running professional tasks. It is built for agents that operate across entire workflows…

6.7Value
4.0Cheap
6.0Frontier
Vision 1.0M ctx Tools Reasoning

Claude Haiku 4.5

5.5/10
Anthropic · anthropic/claude-haiku-4.5
$1.00 Input /Mtok
$5.00 Output /Mtok
$2.00 Blended 3:1

Claude Haiku 4.5 is Anthropic’s fastest and most efficient model, delivering near-frontier intelligence at a fraction of the cost and latency of…

7.0Value
5.4Cheap
4.0Frontier
Vision 200K ctx Tools Reasoning

Claude Opus 4.8 (Fast)

5.4/10
Anthropic · anthropic/claude-opus-4.8-fast
$10.00 Input /Mtok
$50.00 Output /Mtok
$20.00 Blended 3:1

Fast-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…

6.1Value
3.4Cheap
7.0Frontier
Vision 1.0M ctx Tools Reasoning

Claude Fable Latest

5.4/10
~Anthropic · ~anthropic/claude-fable-latest
$10.00 Input /Mtok
$50.00 Output /Mtok
$20.00 Blended 3:1

This model always redirects to the latest model in the Claude Fable family.

6.1Value
3.4Cheap
7.0Frontier
Vision 1.0M ctx Tools Reasoning

Claude Fable 5

5.4/10
Anthropic · anthropic/claude-fable-5
$10.00 Input /Mtok
$50.00 Output /Mtok
$20.00 Blended 3:1

Claude Fable 5 is a Mythos-class model from Anthropic, built for autonomous knowledge work and coding. It supports text, image, and file…

6.1Value
3.4Cheap
7.0Frontier
Vision 1.0M ctx Tools Reasoning

Qwen3 VL 235B A22B Thinking

5.4/10
Qwen · qwen/qwen3-vl-235b-a22b-thinking
$0.400 Input /Mtok
$4.00 Output /Mtok
$1.30 Blended 3:1

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

6.6Value
5.8Cheap
3.5Frontier
Vision Open weights 131K ctx Tools Reasoning

GPT-5.3-Codex

5.4/10
OpenAI · openai/gpt-5.3-codex
$1.75 Input /Mtok
$14.00 Output /Mtok
$4.81 Blended 3:1

GPT-5.3-Codex is OpenAI’s most advanced agentic coding model, combining the frontier software engineering performance of GPT-5.2-Codex with the broader reasoning and professional…

6.0Value
4.6Cheap
5.5Frontier
Vision 400K ctx Tools Reasoning

o3 (batch)

5.3/10
OpenAI · openai/o3:batch
$1.00 Input /Mtok
$4.00 Output /Mtok
$1.75 Blended 3:1

o3 is a well-rounded and powerful model across domains. It sets a new standard for math, science, coding, and visual reasoning tasks.…

7.1Value
5.5Cheap
3.0Frontier
Vision 200K ctx Tools Reasoning

GPT-5.1-Codex-Max

5.3/10
OpenAI · openai/gpt-5.1-codex-max
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

GPT-5.1-Codex-Max is OpenAI’s latest agentic coding model, designed for long-running, high-context software development tasks. It is based on an updated version of…

6.3Value
4.9Cheap
4.5Frontier
Vision 400K ctx Tools Reasoning

GPT-5.1

5.3/10
OpenAI · openai/gpt-5.1
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

GPT-5.1 is the latest frontier-grade model in the GPT-5 series, offering stronger general-purpose reasoning, improved instruction adherence, and a more natural conversational…

6.3Value
4.9Cheap
4.5Frontier
Vision 400K ctx Tools Reasoning

GPT-5.1-Codex

5.3/10
OpenAI · openai/gpt-5.1-codex
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

GPT-5.1-Codex is a specialized version of GPT-5.1 optimized for software engineering and coding workflows. It is designed for both interactive development sessions…

6.3Value
4.9Cheap
4.5Frontier
Vision 400K ctx Tools Reasoning

Nano Banana 2 (Gemini 3.1 Flash Image)

5.3/10
Google · google/gemini-3.1-flash-image
$0.500 Input /Mtok
$3.00 Output /Mtok
$1.13 Blended 3:1

Gemini 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…

5.3Value
5.9Cheap
4.5Frontier
Vision 131K ctx Reasoning

o4 Mini High

5.3/10
OpenAI · openai/o4-mini-high
$1.10 Input /Mtok
$4.40 Output /Mtok
$1.93 Blended 3:1

OpenAI o4-mini-high is the same model as [o4-mini](/openai/o4-mini) with reasoning_effort set to high. OpenAI o4-mini is a compact reasoning model in the…

7.0Value
5.4Cheap
3.0Frontier
Vision 200K ctx Tools Reasoning

o4 Mini

5.3/10
OpenAI · openai/o4-mini
$1.10 Input /Mtok
$4.40 Output /Mtok
$1.93 Blended 3:1

OpenAI o4-mini is a compact reasoning model in the o-series, optimized for fast, cost-efficient performance while retaining strong multimodal and agentic capabilities.…

7.0Value
5.4Cheap
3.0Frontier
Vision 200K ctx Tools Reasoning

Nova Pro 1.0

5.3/10
Amazon · amazon/nova-pro-v1
$0.800 Input /Mtok
$3.20 Output /Mtok
$1.40 Blended 3:1

Amazon Nova Pro 1.0 is a capable multimodal model from Amazon focused on providing a combination of accuracy, speed, and cost for…

6.7Value
5.7Cheap
3.0Frontier
Vision 300K ctx Tools

Claude Sonnet 4

5.2/10
Anthropic · anthropic/claude-sonnet-4
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Claude Sonnet 4 significantly enhances the capabilities of its predecessor, Sonnet 3.7, excelling in both coding and reasoning tasks with improved precision…

6.6Value
4.4Cheap
4.5Frontier
Vision 1.0M ctx Tools Reasoning

Mistral Medium 3.1

5.2/10
Mistral · mistralai/mistral-medium-3.1
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

Mistral Medium 3.1 is an updated version of Mistral Medium 3, which is a high-performance enterprise-grade language model designed to deliver frontier-level…

7.4Value
6.2Cheap
1.5Frontier
Vision 131K ctx Tools

Mistral Medium 3

5.2/10
Mistral · mistralai/mistral-medium-3
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

Mistral Medium 3 is a high-performance enterprise-grade language model designed to deliver frontier-level capabilities at significantly reduced operational cost. It balances state-of-the-art…

7.4Value
6.2Cheap
1.5Frontier
Vision 131K ctx Tools

GPT-5.5 Pro (batch)

5.1/10
OpenAI · openai/gpt-5.5-pro:batch
$15.00 Input /Mtok
$90.00 Output /Mtok
$33.75 Blended 3:1

GPT-5.5 Pro is OpenAI’s high-capability model optimized for deep reasoning and accuracy on complex, high-stakes workloads. It features a 1M+ token context…

5.7Value
2.9Cheap
7.0Frontier
Vision 1.1M ctx Tools Reasoning

GPT-5.4 Pro (batch)

5.1/10
OpenAI · openai/gpt-5.4-pro:batch
$15.00 Input /Mtok
$90.00 Output /Mtok
$33.75 Blended 3:1

GPT-5.4 Pro is OpenAI's most advanced model, building on GPT-5.4's unified architecture with enhanced reasoning capabilities for complex, high-stakes tasks. It features…

5.7Value
2.9Cheap
7.0Frontier
Vision 1.1M ctx Tools Reasoning

GPT-5.2-Codex

5.1/10
OpenAI · openai/gpt-5.2-codex
$1.75 Input /Mtok
$14.00 Output /Mtok
$4.81 Blended 3:1

GPT-5.2-Codex is an upgraded version of GPT-5.1-Codex optimized for software engineering and coding workflows. It is designed for both interactive development sessions…

6.0Value
4.6Cheap
4.5Frontier
Vision 400K 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 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.