Live · updated 7 hr ago 352 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 352
Providers 20+
Free Tier Models 27
Median Price / Mtok $0.700

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).

Grok 4.20

7.4/10
xAI · x-ai/grok-4.20
$1.25 Input /Mtok
$2.50 Output /Mtok
$1.56 Blended 3:1

Grok 4.20 is a reasoning model from xAI with industry-leading speed and agentic tool calling capabilities. It combines the lowest hallucination rate…

9.1Value
5.6Cheap
7.5Frontier
Vision 2M ctx Tools Reasoning

Grok 4.3

7.4/10
xAI · x-ai/grok-4.3
$1.25 Input /Mtok
$2.50 Output /Mtok
$1.56 Blended 3:1

Grok 4.3 is a reasoning model from xAI. It accepts text and image inputs with text output, and is suited for agentic…

9.1Value
5.6Cheap
7.5Frontier
Vision 1.0M ctx Tools Reasoning

GLM 4.7 Flash

7.4/10
Z Ai · z-ai/glm-4.7-flash
$0.060 Input /Mtok
$0.400 Output /Mtok
$0.145 Blended 3:1

As a 30B-class SOTA model, GLM-4.7-Flash offers a new option that balances performance and efficiency. It is further optimized for agentic coding…

10.0Value
7.7Cheap
4.0Frontier
Text Open weights 203K 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

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 #27 cheapest

Seed-2.0-Mini

7.3/10
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
4.0Frontier
Vision 262K ctx Tools Reasoning

Gemini 2.5 Flash Lite Preview 09-2025

7.3/10
Google · google/gemini-2.5-flash-lite-preview-09-2025
$0.100 Input /Mtok
$0.400 Output /Mtok
$0.175 Blended 3:1

Gemini 2.5 Flash-Lite is a lightweight reasoning model in the Gemini 2.5 family, optimized for ultra-low latency and cost efficiency. It offers…

10.0Value
7.5Cheap
4.0Frontier
Audio 1.0M ctx Vision Tools Reasoning

Gemini 2.5 Flash Lite

7.3/10
Google · google/gemini-2.5-flash-lite
$0.100 Input /Mtok
$0.400 Output /Mtok
$0.175 Blended 3:1

Gemini 2.5 Flash-Lite is a lightweight reasoning model in the Gemini 2.5 family, optimized for ultra-low latency and cost efficiency. It offers…

10.0Value
7.5Cheap
4.0Frontier
Audio 1.0M ctx Vision Tools Reasoning

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

Step 3.5 Flash

7.3/10
Stepfun · stepfun/step-3.5-flash
$0.090 Input /Mtok
$0.300 Output /Mtok
$0.143 Blended 3:1

Step 3.5 Flash is StepFun's most capable open-source foundation model. Built on a sparse Mixture of Experts (MoE) architecture, it selectively activates…

9.7Value
7.7Cheap
4.0Frontier
Text Open weights 262K ctx Tools Reasoning

Gemini 3 Flash Preview

7.3/10
Google · google/gemini-3-flash-preview
$0.500 Input /Mtok
$3.00 Output /Mtok
$1.13 Blended 3:1

Gemini 3 Flash Preview is a high speed, high value thinking model designed for agentic workflows, multi turn chat, and coding assistance.…

9.8Value
5.9Cheap
6.0Frontier
Audio 1.0M ctx Vision Tools Reasoning

Gemini 3.1 Flash Lite Preview

7.3/10
Google · google/gemini-3.1-flash-lite-preview
$0.250 Input /Mtok
$1.50 Output /Mtok
$0.563 Blended 3:1

Gemini 3.1 Flash Lite Preview is Google's high-efficiency model optimized for high-volume use cases. It outperforms Gemini 2.5 Flash Lite on overall…

10.0Value
6.5Cheap
5.0Frontier
Audio 1.0M ctx Vision Tools Reasoning

Qwen3 235B A22B Instruct 2507

7.3/10
Qwen · qwen/qwen3-235b-a22b-2507
$0.071 Input /Mtok
$0.100 Output /Mtok
$0.078 Blended 3:1

Qwen3-235B-A22B-Instruct-2507 is a multilingual, instruction-tuned mixture-of-experts language model based on the Qwen3-235B architecture, with 22B active parameters per forward pass. It is…

10.0Value
8.2Cheap
3.0Frontier
Text Open weights 262K ctx Tools #23 cheapest

Qwen3.5 Plus 2026-02-15

7.3/10
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
5.0Frontier
Vision 1.0M ctx Tools Reasoning

Granite 4.0 Micro

7.3/10
Ibm Granite · ibm-granite/granite-4.0-h-micro
$0.017 Input /Mtok
$0.112 Output /Mtok
$0.041 Blended 3:1

Granite-4.0-H-Micro is a 3B parameter from the Granite 4 family of models. These models are the latest in a series of models…

9.8Value
8.8Cheap
2.5Frontier
Text Open weights 131K ctx #5 cheapest

gpt-oss-20b

7.2/10
OpenAI · openai/gpt-oss-20b
$0.030 Input /Mtok
$0.140 Output /Mtok
$0.058 Blended 3:1

gpt-oss-20b is an open-weight 21B parameter model released by OpenAI under the Apache 2.0 license. It uses a Mixture-of-Experts (MoE) architecture with…

10.0Value
8.5Cheap
2.5Frontier
Text Open weights 131K ctx Tools Reasoning #10 cheapest

Mistral Small 4

7.2/10
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
4.0Frontier
Vision Open weights 262K ctx Tools Reasoning

MiMo-V2-Flash

7.2/10
Xiaomi · xiaomi/mimo-v2-flash
$0.100 Input /Mtok
$0.300 Output /Mtok
$0.150 Blended 3:1

MiMo-V2-Flash is an open-source foundation language model developed by Xiaomi. It is a Mixture-of-Experts model with 309B total parameters and 15B active…

9.5Value
7.7Cheap
4.0Frontier
Text Open weights 262K ctx Tools Reasoning

Mistral Nemo

7.2/10
Mistral · mistralai/mistral-nemo
$0.020 Input /Mtok
$0.030 Output /Mtok
$0.023 Blended 3:1

A 12B parameter model with a 128k token context length built by Mistral in collaboration with NVIDIA. The model is multilingual, supporting…

10.0Value
9.3Cheap
1.5Frontier
Text Open weights 131K ctx Tools #2 cheapest

Gemini 3.5 Flash

7.2/10
Google · google/gemini-3.5-flash
$1.50 Input /Mtok
$9.00 Output /Mtok
$3.38 Blended 3:1

Gemini 3.5 Flash is Google's high-efficiency multimodal model, bringing near-Pro level coding and reasoning at Flash-tier cost and speed. It is highly…

7.9Value
4.9Cheap
9.0Frontier
Audio 1.0M ctx Vision Tools Reasoning

Ring-2.6-1T

7.2/10
Inclusionai · inclusionai/ring-2.6-1t
$0.075 Input /Mtok
$0.625 Output /Mtok
$0.213 Blended 3:1

Ring-2.6-1T is a 1T-parameter-scale thinking model with 63B active parameters, built for real-world agent workflows that require both strong capability and operational…

8.4Value
7.4Cheap
5.5Frontier
Reasoning 262K ctx Tools

Nemotron Nano 9B V2

7.2/10
NVIDIA · nvidia/nemotron-nano-9b-v2
$0.040 Input /Mtok
$0.160 Output /Mtok
$0.070 Blended 3:1

NVIDIA-Nemotron-Nano-9B-v2 is a large language model (LLM) trained from scratch by NVIDIA, and designed as a unified model for both reasoning and…

10.0Value
8.3Cheap
2.5Frontier
Reasoning Open weights 131K ctx Tools #18 cheapest

gpt-oss-120b

7.1/10
OpenAI · openai/gpt-oss-120b
$0.039 Input /Mtok
$0.180 Output /Mtok
$0.074 Blended 3:1

gpt-oss-120b is an open-weight, 117B-parameter Mixture-of-Experts (MoE) language model from OpenAI designed for high-reasoning, agentic, and general-purpose production use cases. It activates…

10.0Value
8.3Cheap
2.5Frontier
Reasoning Open weights 131K ctx Tools #21 cheapest

Llama 3.1 8B Instruct

7.1/10
Meta · meta-llama/llama-3.1-8b-instruct
$0.020 Input /Mtok
$0.050 Output /Mtok
$0.028 Blended 3:1

Meta's latest class of model (Llama 3.1) launched with a variety of sizes & flavors. This 8B instruct-tuned version is fast and…

10.0Value
9.1Cheap
1.5Frontier
Text Open weights 131K ctx Tools #3 cheapest

Qwen3.5-35B-A3B

7.1/10
Qwen · qwen/qwen3.5-35b-a3b
$0.139 Input /Mtok
$1.00 Output /Mtok
$0.354 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…

10.0Value
6.9Cheap
4.0Frontier
Vision Open weights 262K ctx Tools Reasoning

Gemini 2.0 Flash Lite

7.1/10
Google · google/gemini-2.0-flash-lite-001
$0.075 Input /Mtok
$0.300 Output /Mtok
$0.131 Blended 3:1

Gemini 2.0 Flash Lite offers a significantly faster time to first token (TTFT) compared to [Gemini Flash 1.5](/google/gemini-flash-1.5), while maintaining quality on…

10.0Value
7.8Cheap
3.0Frontier
Audio 1.0M ctx Vision Tools #46 cheapest

Llama 4 Scout

7.1/10
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
3.0Frontier
Vision Open weights 10M ctx Tools #48 cheapest

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 #49 cheapest

Qwen Plus 0728 (thinking)

7.1/10
Qwen · qwen/qwen-plus-2025-07-28:thinking
$0.260 Input /Mtok
$0.780 Output /Mtok
$0.390 Blended 3:1

Qwen Plus 0728, based on the Qwen3 foundation model, is a 1 million context hybrid reasoning model with a balanced performance, speed,…

10.0Value
6.8Cheap
4.0Frontier
Reasoning 1.0M ctx Tools

Qwen Plus 0728

7.1/10
Qwen · qwen/qwen-plus-2025-07-28
$0.260 Input /Mtok
$0.780 Output /Mtok
$0.390 Blended 3:1

Qwen Plus 0728, based on the Qwen3 foundation model, is a 1 million context hybrid reasoning model with a balanced performance, speed,…

10.0Value
6.8Cheap
4.0Frontier
Reasoning 1.0M ctx Tools

Qwen3 30B A3B Instruct 2507

7.1/10
Qwen · qwen/qwen3-30b-a3b-instruct-2507
$0.090 Input /Mtok
$0.300 Output /Mtok
$0.143 Blended 3:1

Qwen3-30B-A3B-Instruct-2507 is a 30.5B-parameter mixture-of-experts language model from Qwen, with 3.3B active parameters per inference. It operates in non-thinking mode and is…

10.0Value
7.7Cheap
3.0Frontier
Reasoning Open weights 262K ctx Tools

Qwen3.7 Max

7.1/10
Qwen · qwen/qwen3.7-max
$1.25 Input /Mtok
$3.75 Output /Mtok
$1.88 Blended 3:1

Qwen3.7-Max is the flagship model in Alibaba's Qwen3.7 series. It supports text input and output and is designed for agent-centric workloads, with…

7.4Value
5.5Cheap
8.5Frontier
Text 1.0M 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 #31 cheapest

GPT-4.1 Nano

7.0/10
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
3.0Frontier
Vision 1.0M ctx Tools

Gemini 2.0 Flash

7.0/10
Google · google/gemini-2.0-flash-001
$0.100 Input /Mtok
$0.400 Output /Mtok
$0.175 Blended 3:1

Gemini Flash 2.0 offers a significantly faster time to first token (TTFT) compared to [Gemini Flash 1.5](/google/gemini-flash-1.5), while maintaining quality on par…

10.0Value
7.5Cheap
3.0Frontier
Audio 1.0M ctx Vision Tools

Qwen3 VL 32B Instruct

7.0/10
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,…

10.0Value
7.5Cheap
3.0Frontier
Vision Open weights 262K ctx Tools

Qwen3 VL 8B Instruct

7.0/10
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
3.0Frontier
Vision Open weights 256K ctx Tools

Qwen3 Coder 30B A3B Instruct

7.0/10
Qwen · qwen/qwen3-coder-30b-a3b-instruct
$0.070 Input /Mtok
$0.270 Output /Mtok
$0.120 Blended 3:1

Qwen3-Coder-30B-A3B-Instruct is a 30.5B parameter Mixture-of-Experts (MoE) model with 128 experts (8 active per forward pass), designed for advanced code generation, repository-scale…

10.0Value
7.8Cheap
2.5Frontier
Code Open weights 160K ctx Tools #34 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

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 #7 cheapest

LFM2-24B-A2B

7.0/10
Liquid · liquid/lfm-2-24b-a2b
$0.030 Input /Mtok
$0.120 Output /Mtok
$0.053 Blended 3:1

LFM2-24B-A2B is the largest model in the LFM2 family of hybrid architectures designed for efficient on-device deployment. Built as a 24B parameter…

8.3Value
8.6Cheap
3.5Frontier
Text Open weights 128K ctx #8 cheapest

Qwen3 VL 30B A3B Instruct

7.0/10
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
3.0Frontier
Vision Open weights 262K ctx Tools

Grok Build 0.1

7.0/10
xAI · x-ai/grok-build-0.1
$1.00 Input /Mtok
$2.00 Output /Mtok
$1.25 Blended 3:1

Grok Build 0.1 is xAI’s fast coding model trained specifically for agentic software engineering workflows. It supports text and image inputs with…

7.6Value
5.8Cheap
7.5Frontier
Vision 256K ctx Tools Reasoning

Qwen2.5 7B Instruct

6.9/10
Qwen · qwen/qwen-2.5-7b-instruct
$0.040 Input /Mtok
$0.100 Output /Mtok
$0.055 Blended 3:1

Qwen2.5 7B is the latest series of Qwen large language models. Qwen2.5 brings the following improvements upon Qwen2: - Significantly more knowledge…

10.0Value
8.5Cheap
1.5Frontier
Text Open weights 131K ctx Tools #9 cheapest

Qwen3 Coder Flash

6.9/10
Qwen · qwen/qwen3-coder-flash
$0.195 Input /Mtok
$0.975 Output /Mtok
$0.390 Blended 3:1

Qwen3 Coder Flash is Alibaba's fast and cost efficient version of their proprietary Qwen3 Coder Plus. It is a powerful coding agent…

9.6Value
6.8Cheap
4.0Frontier
Code 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

Reka Edge

6.9/10
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
2.0Frontier
Vision Open weights 16K ctx Tools #26 cheapest

Nova Micro 1.0

6.9/10
Amazon · amazon/nova-micro-v1
$0.035 Input /Mtok
$0.140 Output /Mtok
$0.061 Blended 3:1

Amazon Nova Micro 1.0 is a text-only model that delivers the lowest latency responses in the Amazon Nova family of models at…

10.0Value
8.4Cheap
1.5Frontier
Text 128K ctx Tools #13 cheapest

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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.