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).

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

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

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

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

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

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

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

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

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

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

Qwen3 VL 8B Thinking

6.4/10
Qwen · qwen/qwen3-vl-8b-thinking
$0.117 Input /Mtok
$1.37 Output /Mtok
$0.429 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…

8.6Value
6.7Cheap
3.5Frontier
Vision Open weights 131K ctx Tools Reasoning

Qwen3 VL 30B A3B Thinking

6.0/10
Qwen · qwen/qwen3-vl-30b-a3b-thinking
$0.130 Input /Mtok
$1.56 Output /Mtok
$0.488 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…

8.3Value
6.6Cheap
2.5Frontier
Vision Open weights 131K ctx Tools Reasoning

Qwen VL Plus

5.5/10
Qwen · qwen/qwen-vl-plus
$0.137 Input /Mtok
$0.410 Output /Mtok
$0.205 Blended 3:1

Qwen's Enhanced Large Visual Language Model. Significantly upgraded for detailed recognition capabilities and text recognition abilities, supporting ultra-high pixel resolutions up to…

7.0Value
7.4Cheap
1.5Frontier
Vision 131K ctx

Qwen3 VL 235B A22B Thinking

5.4/10
Qwen · qwen/qwen3-vl-235b-a22b-thinking
$0.260 Input /Mtok
$2.60 Output /Mtok
$0.845 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…

7.3Value
6.2Cheap
2.5Frontier
Vision Open weights 131K ctx Tools Reasoning

Qwen2.5 VL 32B Instruct

5.1/10
Qwen · qwen/qwen2.5-vl-32b-instruct
$0.200 Input /Mtok
$0.600 Output /Mtok
$0.300 Blended 3:1

Qwen2.5-VL-32B is a multimodal vision-language model fine-tuned through reinforcement learning for enhanced mathematical reasoning, structured outputs, and visual problem-solving capabilities. It excels…

6.2Value
7.1Cheap
1.5Frontier
Vision Open weights 128K ctx

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

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

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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 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.