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).

Claude Opus 4.5

5.1/10
Anthropic · anthropic/claude-opus-4.5
$5.00 Input /Mtok
$25.00 Output /Mtok
$10.00 Blended 3:1

Claude Opus 4.5 is Anthropic’s frontier reasoning model optimized for complex software engineering, agentic workflows, and long-horizon computer use. It offers strong…

5.3Value
4.0Cheap
6.0Frontier
Vision 200K ctx Tools Reasoning

GPT-5 Image

5.1/10
OpenAI · openai/gpt-5-image
$10.00 Input /Mtok
$10.00 Output /Mtok
$10.00 Blended 3:1

[GPT-5](https://openrouter.ai/openai/gpt-5) Image combines OpenAI's GPT-5 model with state-of-the-art image generation capabilities. It offers major improvements in reasoning, code quality, and user experience…

5.3Value
4.0Cheap
6.0Frontier
Vision 400K ctx Tools Reasoning

Nano Banana 2 (Gemini 3.1 Flash Image Preview)

5.1/10
Google · google/gemini-3.1-flash-image-preview
$0.500 Input /Mtok
$3.00 Output /Mtok
$1.13 Blended 3:1

Gemini 3.1 Flash Image Preview, a.k.a. "Nano Banana 2," is Google’s latest state of the art image generation and editing model, delivering…

4.3Value
5.9Cheap
5.0Frontier
Vision 66K ctx Reasoning

GPT-5.2 Chat

5.0/10
OpenAI · openai/gpt-5.2-chat
$1.75 Input /Mtok
$14.00 Output /Mtok
$4.81 Blended 3:1

GPT-5.2 Chat (AKA Instant) is the fast, lightweight member of the 5.2 family, optimized for low-latency chat while retaining strong general intelligence.…

5.2Value
4.6Cheap
5.0Frontier
Vision 128K ctx Tools

ERNIE 4.5 VL 28B A3B

4.9/10
Baidu · baidu/ernie-4.5-vl-28b-a3b
$0.140 Input /Mtok
$0.560 Output /Mtok
$0.245 Blended 3:1

A powerful multimodal Mixture-of-Experts chat model featuring 28B total parameters with 3B activated per token, delivering exceptional text and vision understanding through…

6.1Value
7.2Cheap
1.0Frontier
Vision Open weights 30K ctx Tools Reasoning

Grok 4

4.9/10
xAI · x-ai/grok-4
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Grok 4 is xAI's latest reasoning model with a 256k context window. It supports parallel tool calling, structured outputs, and both image…

5.8Value
4.4Cheap
4.5Frontier
Vision 256K ctx Tools Reasoning

Sonar Pro Search

4.8/10
Perplexity · perplexity/sonar-pro-search
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Exclusively available on the OpenRouter API, Sonar Pro's new Pro Search mode is Perplexity's most advanced agentic search system. It is designed…

4.6Value
4.4Cheap
5.5Frontier
Vision 200K ctx Reasoning

Qwen VL Max

4.8/10
Qwen · qwen/qwen-vl-max
$0.520 Input /Mtok
$2.08 Output /Mtok
$0.910 Blended 3:1

Qwen VL Max is a visual understanding model with 7500 tokens context length. It excels in delivering optimal performance for a broader…

6.3Value
6.1Cheap
1.5Frontier
Vision 131K ctx Tools

Claude Sonnet 4

4.7/10
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…

5.2Value
4.4Cheap
4.5Frontier
Vision 200K ctx Tools Reasoning

Pixtral Large 2411

4.6/10
Mistral · mistralai/pixtral-large-2411
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Pixtral Large is a 124B parameter, open-weight, multimodal model built on top of [Mistral Large 2](/mistralai/mistral-large-2411). The model is able to understand…

5.7Value
5.1Cheap
3.0Frontier
Vision 131K ctx Tools

o3 Deep Research

4.5/10
OpenAI · openai/o3-deep-research
$10.00 Input /Mtok
$40.00 Output /Mtok
$17.50 Blended 3:1

o3-deep-research is OpenAI's advanced model for deep research, designed to tackle complex, multi-step research tasks. Note: This model always uses the 'web_search'…

4.9Value
3.5Cheap
5.0Frontier
Vision 200K ctx Tools Reasoning

GLM 4.5V

4.4/10
Z Ai · z-ai/glm-4.5v
$0.600 Input /Mtok
$1.80 Output /Mtok
$0.900 Blended 3:1

GLM-4.5V is a vision-language foundation model for multimodal agent applications. Built on a Mixture-of-Experts (MoE) architecture with 106B parameters and 12B activated…

5.3Value
6.1Cheap
1.5Frontier
Vision Open weights 66K ctx Tools Reasoning

Claude 3.7 Sonnet

4.4/10
Anthropic · anthropic/claude-3.7-sonnet
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Claude 3.7 Sonnet is an advanced large language model with improved reasoning, coding, and problem-solving capabilities. It introduces a hybrid reasoning approach,…

5.2Value
4.4Cheap
3.5Frontier
Vision 200K ctx Tools Reasoning

Claude 3.7 Sonnet (thinking)

4.4/10
Anthropic · anthropic/claude-3.7-sonnet:thinking
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Claude 3.7 Sonnet is an advanced large language model with improved reasoning, coding, and problem-solving capabilities. It introduces a hybrid reasoning approach,…

5.2Value
4.4Cheap
3.5Frontier
Vision 200K ctx Tools Reasoning

GPT-5 Chat

4.4/10
OpenAI · openai/gpt-5-chat
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

GPT-5 Chat is designed for advanced, natural, multimodal, and context-aware conversations for enterprise applications.

4.3Value
4.9Cheap
4.0Frontier
Vision 128K ctx

GPT-4o (2024-11-20)

4.4/10
OpenAI · openai/gpt-4o-2024-11-20
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

The 2024-11-20 version of GPT-4o offers a leveled-up creative writing ability with more natural, engaging, and tailored writing to improve relevance &…

5.3Value
4.7Cheap
3.0Frontier
Vision 128K ctx Tools

GPT-4o (2024-08-06)

4.4/10
OpenAI · openai/gpt-4o-2024-08-06
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

The 2024-08-06 version of GPT-4o offers improved performance in structured outputs, with the ability to supply a JSON schema in the respone_format.…

5.3Value
4.7Cheap
3.0Frontier
Vision 128K ctx Tools

GPT-4o

4.4/10
OpenAI · openai/gpt-4o
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

GPT-4o ("o" for "omni") is OpenAI's latest AI model, supporting both text and image inputs with text outputs. It maintains the intelligence…

5.3Value
4.7Cheap
3.0Frontier
Vision 128K ctx Tools

Nano Banana (Gemini 2.5 Flash Image)

4.2/10
Google · google/gemini-2.5-flash-image
$0.300 Input /Mtok
$2.50 Output /Mtok
$0.850 Blended 3:1

Gemini 2.5 Flash Image, a.k.a. "Nano Banana," is now generally available. It is a state of the art image generation model with…

4.6Value
6.1Cheap
1.5Frontier
Vision 33K ctx

Claude Opus 4.1

4.2/10
Anthropic · anthropic/claude-opus-4.1
$15.00 Input /Mtok
$75.00 Output /Mtok
$30.00 Blended 3:1

Claude Opus 4.1 is an updated version of Anthropic’s flagship model, offering improved performance in coding, reasoning, and agentic tasks. It achieves…

4.6Value
3.1Cheap
5.0Frontier
Vision 200K ctx Tools Reasoning

GPT-5.2 Pro

4.2/10
OpenAI · openai/gpt-5.2-pro
$21.00 Input /Mtok
$168 Output /Mtok
$57.75 Blended 3:1

GPT-5.2 Pro is OpenAI’s most advanced model, offering major improvements in agentic coding and long context performance over GPT-5 Pro. It is…

4.3Value
2.5Cheap
6.0Frontier
Vision 400K ctx Tools Reasoning

o3 Pro

4.1/10
OpenAI · openai/o3-pro
$20.00 Input /Mtok
$80.00 Output /Mtok
$35.00 Blended 3:1

The o-series of models are trained with reinforcement learning to think before they answer and perform complex reasoning. The o3-pro model uses…

4.5Value
2.9Cheap
5.0Frontier
Vision 200K ctx Tools Reasoning

GPT-4o (2024-05-13)

4.1/10
OpenAI · openai/gpt-4o-2024-05-13
$5.00 Input /Mtok
$15.00 Output /Mtok
$7.50 Blended 3:1

GPT-4o ("o" for "omni") is OpenAI's latest AI model, supporting both text and image inputs with text outputs. It maintains the intelligence…

4.9Value
4.3Cheap
3.0Frontier
Vision 128K ctx Tools

ERNIE 4.5 VL 424B A47B

4.1/10
Baidu · baidu/ernie-4.5-vl-424b-a47b
$0.420 Input /Mtok
$1.25 Output /Mtok
$0.628 Blended 3:1

ERNIE-4.5-VL-424B-A47B is a multimodal Mixture-of-Experts (MoE) model from Baidu’s ERNIE 4.5 series, featuring 424B total parameters with 47B active per token. It…

4.0Value
6.4Cheap
1.5Frontier
Vision Open weights 123K ctx Reasoning

GPT-5 Pro

4.0/10
OpenAI · openai/gpt-5-pro
$15.00 Input /Mtok
$120 Output /Mtok
$41.25 Blended 3:1

GPT-5 Pro is OpenAI’s most advanced model, offering major improvements in reasoning, code quality, and user experience. It is optimized for complex…

4.4Value
2.8Cheap
5.0Frontier
Vision 400K ctx Tools Reasoning

Claude Opus 4

4.0/10
Anthropic · anthropic/claude-opus-4
$15.00 Input /Mtok
$75.00 Output /Mtok
$30.00 Blended 3:1

Claude Opus 4 is benchmarked as the world’s best coding model, at time of release, bringing sustained performance on complex, long-running tasks…

4.1Value
3.1Cheap
5.0Frontier
Vision 200K ctx Tools Reasoning

Sonar Pro

4.0/10
Perplexity · perplexity/sonar-pro
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Note: Sonar Pro pricing includes Perplexity search pricing. See [details here](https://docs.perplexity.ai/guides/pricing#detailed-pricing-breakdown-for-sonar-reasoning-pro-and-sonar-pro) For enterprises seeking more advanced capabilities, the Sonar Pro API can…

4.0Value
4.4Cheap
3.5Frontier
Vision 200K ctx

Nano Banana Pro (Gemini 3 Pro Image Preview)

4.0/10
Google · google/gemini-3-pro-image-preview
$2.00 Input /Mtok
$12.00 Output /Mtok
$4.50 Blended 3:1

Nano Banana Pro is Google’s most advanced image-generation and editing model, built on Gemini 3 Pro. It extends the original Nano Banana…

3.3Value
4.7Cheap
4.0Frontier
Vision 66K ctx Reasoning

GPT-4o (extended)

4.0/10
OpenAI · openai/gpt-4o:extended
$6.00 Input /Mtok
$18.00 Output /Mtok
$9.00 Blended 3:1

GPT-4o ("o" for "omni") is OpenAI's latest AI model, supporting both text and image inputs with text outputs. It maintains the intelligence…

4.7Value
4.1Cheap
3.0Frontier
Vision 128K ctx Tools

o1

3.9/10
OpenAI · openai/o1
$15.00 Input /Mtok
$60.00 Output /Mtok
$26.25 Blended 3:1

The latest and strongest model family from OpenAI, o1 is designed to spend more time thinking before responding. The o1 model series…

4.7Value
3.2Cheap
4.0Frontier
Vision 200K ctx Tools Reasoning

Qwen2.5 VL 72B Instruct

3.9/10
Qwen · qwen/qwen2.5-vl-72b-instruct
$0.800 Input /Mtok
$0.800 Output /Mtok
$0.800 Blended 3:1

Qwen2.5-VL is proficient in recognizing common objects such as flowers, birds, fish, and insects. It is also highly capable of analyzing texts,…

4.6Value
6.2Cheap
0.5Frontier
Vision Open weights 33K ctx

Sonar Reasoning Pro

3.9/10
Perplexity · perplexity/sonar-reasoning-pro
$2.00 Input /Mtok
$8.00 Output /Mtok
$3.50 Blended 3:1

Note: Sonar Pro pricing includes Perplexity search pricing. See [details here](https://docs.perplexity.ai/guides/pricing#detailed-pricing-breakdown-for-sonar-reasoning-pro-and-sonar-pro) Sonar Reasoning Pro is a premier reasoning model powered by DeepSeek…

3.6Value
4.9Cheap
3.0Frontier
Vision 128K ctx Reasoning

GPT-4 Turbo

3.9/10
OpenAI · openai/gpt-4-turbo
$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…

4.4Value
3.7Cheap
3.5Frontier
Vision 128K ctx Tools

Sonar

3.8/10
Perplexity · perplexity/sonar
$1.00 Input /Mtok
$1.00 Output /Mtok
$1.00 Blended 3:1

Sonar is lightweight, affordable, fast, and simple to use — now featuring citations and the ability to customize sources. It is designed…

3.6Value
6.0Cheap
1.5Frontier
Vision 127K ctx

o1-pro

2.6/10
OpenAI · openai/o1-pro
$150 Input /Mtok
$600 Output /Mtok
$263 Blended 3:1

The o1 series of models are trained with reinforcement learning to think before they answer and perform complex reasoning. The o1-pro model…

2.9Value
1.2Cheap
4.0Frontier
Vision 200K ctx 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.