Live · updated 8 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).

Qwen3 Next 80B A3B Instruct

6.2/10
Qwen · qwen/qwen3-next-80b-a3b-instruct
$0.090 Input /Mtok
$1.10 Output /Mtok
$0.343 Blended 3:1

Qwen3-Next-80B-A3B-Instruct is an instruction-tuned chat model in the Qwen3-Next series optimized for fast, stable responses without “thinking” traces. It targets complex tasks…

8.3Value
6.9Cheap
3.0Frontier
Reasoning Open weights 262K ctx Tools

MiniMax M2.1

6.2/10
Minimax · minimax/minimax-m2.1
$0.290 Input /Mtok
$0.950 Output /Mtok
$0.455 Blended 3:1

MiniMax-M2.1 is a lightweight, state-of-the-art large language model optimized for coding, agentic workflows, and modern application development. With only 10 billion activated…

7.7Value
6.7Cheap
4.0Frontier
Text Open weights 205K ctx Tools Reasoning

Gemini 3.1 Pro Preview Custom Tools

6.2/10
Google · google/gemini-3.1-pro-preview-customtools
$2.00 Input /Mtok
$12.00 Output /Mtok
$4.50 Blended 3:1

Gemini 3.1 Pro Preview Custom Tools is a variant of Gemini 3.1 Pro that improves tool selection behavior by preventing overuse of…

7.5Value
4.7Cheap
6.5Frontier
Audio 1.0M ctx Vision Tools Reasoning

Gemini 3.1 Pro Preview

6.2/10
Google · google/gemini-3.1-pro-preview
$2.00 Input /Mtok
$12.00 Output /Mtok
$4.50 Blended 3:1

Gemini 3.1 Pro Preview is Google’s frontier reasoning model, delivering enhanced software engineering performance, improved agentic reliability, and more efficient token usage…

7.5Value
4.7Cheap
6.5Frontier
Audio 1.0M ctx Vision Tools Reasoning

Qwen3.5 397B A17B

6.2/10
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
4.0Frontier
Vision Open weights 262K ctx Tools Reasoning

Solar Pro 3

6.2/10
Upstage · upstage/solar-pro-3
$0.150 Input /Mtok
$0.600 Output /Mtok
$0.263 Blended 3:1

Solar Pro 3 is Upstage's powerful Mixture-of-Experts (MoE) language model. With 102B total parameters and 12B active parameters per forward pass, it…

7.6Value
7.2Cheap
3.5Frontier
Text 128K ctx Tools Reasoning

MiMo-V2-Pro

6.2/10
Xiaomi · xiaomi/mimo-v2-pro
$1.00 Input /Mtok
$3.00 Output /Mtok
$1.50 Blended 3:1

MiMo-V2-Pro is Xiaomi's flagship foundation model, featuring over 1T total parameters and a 1M context length, deeply optimized for agentic scenarios. It…

7.0Value
5.7Cheap
6.0Frontier
Text 1.0M ctx Tools Reasoning

GPT-5.5

6.2/10
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
8.5Frontier
Vision 1.1M ctx Tools Reasoning

OpenAI GPT Latest

6.2/10
~Openai · ~openai/gpt-latest
$5.00 Input /Mtok
$30.00 Output /Mtok
$11.25 Blended 3:1

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

6.6Value
3.9Cheap
8.5Frontier
Vision 1.1M ctx Tools Reasoning

GPT-5.1-Codex-Mini

6.2/10
OpenAI · openai/gpt-5.1-codex-mini
$0.250 Input /Mtok
$2.00 Output /Mtok
$0.688 Blended 3:1

GPT-5.1-Codex-Mini is a smaller and faster version of GPT-5.1-Codex

8.7Value
6.3Cheap
3.0Frontier
Vision 400K ctx Tools Reasoning

GPT-5 Mini

6.2/10
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
3.0Frontier
Vision 400K ctx Tools Reasoning

DeepSeek V3.2

6.1/10
DeepSeek · deepseek/deepseek-v3.2
$0.252 Input /Mtok
$0.378 Output /Mtok
$0.284 Blended 3:1

DeepSeek-V3.2 is a large language model designed to harmonize high computational efficiency with strong reasoning and agentic tool-use performance. It introduces DeepSeek…

7.4Value
7.1Cheap
3.5Frontier
Reasoning Open weights 131K ctx Tools

Gemini 2.5 Pro

6.1/10
Google · google/gemini-2.5-pro
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

Gemini 2.5 Pro is Google’s state-of-the-art AI model designed for advanced reasoning, coding, mathematics, and scientific tasks. It employs “thinking” capabilities, enabling…

7.9Value
4.9Cheap
5.5Frontier
Audio 1.0M ctx Vision Tools Reasoning

Gemini 2.5 Pro Preview 06-05

6.1/10
Google · google/gemini-2.5-pro-preview
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

Gemini 2.5 Pro is Google’s state-of-the-art AI model designed for advanced reasoning, coding, mathematics, and scientific tasks. It employs “thinking” capabilities, enabling…

7.9Value
4.9Cheap
5.5Frontier
Audio 1.0M ctx Vision Tools Reasoning

MiniMax M2.7

6.1/10
Minimax · minimax/minimax-m2.7
$0.279 Input /Mtok
$1.20 Output /Mtok
$0.509 Blended 3:1

MiniMax-M2.7 is a next-generation large language model designed for autonomous, real-world productivity and continuous improvement. Built to actively participate in its own…

7.5Value
6.6Cheap
4.0Frontier
Text Open weights 205K ctx Tools Reasoning

Mistral Medium 3.5

6.1/10
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
7.0Frontier
Vision 262K ctx Tools Reasoning

MiniMax M1

6.1/10
Minimax · minimax/minimax-m1
$0.400 Input /Mtok
$2.20 Output /Mtok
$0.850 Blended 3:1

MiniMax-M1 is a large-scale, open-weight reasoning model designed for extended context and high-efficiency inference. It leverages a hybrid Mixture-of-Experts (MoE) architecture paired…

7.9Value
6.1Cheap
4.0Frontier
Reasoning 1.0M ctx Tools

KAT-Coder-Pro V2

6.1/10
Kwaipilot · kwaipilot/kat-coder-pro-v2
$0.300 Input /Mtok
$1.20 Output /Mtok
$0.525 Blended 3:1

KAT-Coder-Pro V2 is the latest high-performance model in KwaiKAT’s KAT-Coder series, designed for complex enterprise-grade software engineering and SaaS integration. It builds…

7.4Value
6.6Cheap
4.0Frontier
Code 256K ctx Tools

Qwen3 30B A3B

6.1/10
Qwen · qwen/qwen3-30b-a3b
$0.090 Input /Mtok
$0.450 Output /Mtok
$0.180 Blended 3:1

Qwen3, the latest generation in the Qwen large language model series, features both dense and mixture-of-experts (MoE) architectures to excel in reasoning,…

8.6Value
7.5Cheap
1.5Frontier
Reasoning Open weights 131K ctx Tools

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

GLM 5V Turbo

6.1/10
Z Ai · z-ai/glm-5v-turbo
$1.20 Input /Mtok
$4.00 Output /Mtok
$1.90 Blended 3:1

GLM-5V-Turbo is Z.ai’s first native multimodal agent foundation model, built for vision-based coding and agent-driven tasks. It natively handles image, video, and…

6.3Value
5.4Cheap
6.5Frontier
Vision 203K ctx Tools Reasoning

Rnj 1 Instruct

6.1/10
Essentialai · essentialai/rnj-1-instruct
$0.150 Input /Mtok
$0.150 Output /Mtok
$0.150 Blended 3:1

Rnj-1 is an 8B-parameter, dense, open-weight model family developed by Essential AI and trained from scratch with a focus on programming, math,…

7.5Value
7.7Cheap
2.5Frontier
Reasoning Open weights 33K ctx Tools

MiMo-V2-Omni

6.0/10
Xiaomi · xiaomi/mimo-v2-omni
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

MiMo-V2-Omni is a frontier omni-modal model that natively processes image, video, and audio inputs within a unified architecture. It combines strong multimodal…

7.6Value
6.2Cheap
4.0Frontier
Audio 262K ctx Vision Tools Reasoning

GLM 4.6V

6.0/10
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
3.5Frontier
Vision Open weights 131K ctx Tools Reasoning

Claude Sonnet 4.6

6.0/10
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
6.5Frontier
Vision 1.0M ctx Tools Reasoning

GLM 5.1

6.0/10
Z Ai · z-ai/glm-5.1
$0.980 Input /Mtok
$3.08 Output /Mtok
$1.51 Blended 3:1

GLM-5.1 delivers a major leap in coding capability, with particularly significant gains in handling long-horizon tasks. Unlike previous models built around minute-level…

5.9Value
5.6Cheap
6.5Frontier
Text Open weights 203K 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

MiniMax M2

6.0/10
Minimax · minimax/minimax-m2
$0.255 Input /Mtok
$1.00 Output /Mtok
$0.441 Blended 3:1

MiniMax-M2 is a compact, high-efficiency large language model optimized for end-to-end coding and agentic workflows. With 10 billion activated parameters (230 billion…

7.8Value
6.7Cheap
3.0Frontier
Reasoning Open weights 205K ctx Tools

Llama 3.3 Nemotron Super 49B V1.5

6.0/10
NVIDIA · nvidia/llama-3.3-nemotron-super-49b-v1.5
$0.100 Input /Mtok
$0.400 Output /Mtok
$0.175 Blended 3:1

Llama-3.3-Nemotron-Super-49B-v1.5 is a 49B-parameter, English-centric reasoning/chat model derived from Meta’s Llama-3.3-70B-Instruct with a 128K context. It’s post-trained for agentic workflows (RAG, tool…

7.4Value
7.5Cheap
2.5Frontier
Reasoning Open weights 131K ctx Tools

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

Codestral 2508

6.0/10
Mistral · mistralai/codestral-2508
$0.300 Input /Mtok
$0.900 Output /Mtok
$0.450 Blended 3:1

Mistral's cutting-edge language model for coding released end of July 2025. Codestral specializes in low-latency, high-frequency tasks such as fill-in-the-middle (FIM), code…

7.7Value
6.7Cheap
3.0Frontier
Code 256K ctx Tools

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

Qwen3 235B A22B Thinking 2507

5.9/10
Qwen · qwen/qwen3-235b-a22b-thinking-2507
$0.150 Input /Mtok
$1.50 Output /Mtok
$0.486 Blended 3:1

Qwen3-235B-A22B-Thinking-2507 is a high-performance, open-weight Mixture-of-Experts (MoE) language model optimized for complex reasoning tasks. It activates 22B of its 235B parameters per…

7.6Value
6.6Cheap
3.0Frontier
Reasoning Open weights 262K ctx Tools

Mercury 2

5.9/10
Inception · inception/mercury-2
$0.250 Input /Mtok
$0.750 Output /Mtok
$0.375 Blended 3:1

Mercury 2 is an extremely fast reasoning LLM, and the first reasoning diffusion LLM (dLLM). Instead of generating tokens sequentially, Mercury 2…

6.9Value
6.9Cheap
3.5Frontier
Reasoning 128K ctx Tools

Gemini 2.5 Pro Preview 05-06

5.8/10
Google · google/gemini-2.5-pro-preview-05-06
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

Gemini 2.5 Pro is Google’s state-of-the-art AI model designed for advanced reasoning, coding, mathematics, and scientific tasks. It employs “thinking” capabilities, enabling…

7.9Value
4.9Cheap
4.5Frontier
Audio 1.0M ctx Vision Tools Reasoning

Llama 3.2 1B Instruct

5.8/10
Meta · meta-llama/llama-3.2-1b-instruct
$0.027 Input /Mtok
$0.201 Output /Mtok
$0.071 Blended 3:1

Llama 3.2 1B is a 1-billion-parameter language model focused on efficiently performing natural language tasks, such as summarization, dialogue, and multilingual text…

7.1Value
8.3Cheap
1.5Frontier
Text Open weights 131K ctx #19 cheapest

Claude Opus 4.6

5.8/10
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
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

GLM 4.7

5.8/10
Z Ai · z-ai/glm-4.7
$0.400 Input /Mtok
$1.75 Output /Mtok
$0.738 Blended 3:1

GLM-4.7 is Z.ai’s latest flagship model, featuring upgrades in two key areas: enhanced programming capabilities and more stable multi-step reasoning/execution. It demonstrates…

6.9Value
6.3Cheap
4.0Frontier
Reasoning Open weights 203K ctx Tools

DeepSeek V3.2 Exp

5.8/10
DeepSeek · deepseek/deepseek-v3.2-exp
$0.270 Input /Mtok
$0.410 Output /Mtok
$0.305 Blended 3:1

DeepSeek-V3.2-Exp is an experimental large language model released by DeepSeek as an intermediate step between V3.1 and future architectures. It introduces DeepSeek…

7.3Value
7.0Cheap
2.5Frontier
Text Open weights 164K ctx Tools Reasoning

Voxtral Small 24B 2507

5.8/10
Mistral · mistralai/voxtral-small-24b-2507
$0.100 Input /Mtok
$0.300 Output /Mtok
$0.150 Blended 3:1

Voxtral Small is an enhancement of Mistral Small 3, incorporating state-of-the-art audio input capabilities while retaining best-in-class text performance. It excels at…

7.5Value
7.7Cheap
1.5Frontier
Audio Open weights 32K ctx Tools

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

Devstral 2 2512

5.7/10
Mistral · mistralai/devstral-2512
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

Devstral 2 is a state-of-the-art open-source model by Mistral AI specializing in agentic coding. It is a 123B-parameter dense transformer model supporting…

6.7Value
6.2Cheap
4.0Frontier
Text Open weights 262K ctx Tools

Phi 4 Mini Instruct

5.7/10
Microsoft · microsoft/phi-4-mini-instruct
$0.080 Input /Mtok
$0.350 Output /Mtok
$0.148 Blended 3:1

Phi-4-mini-instruct is a lightweight open model built upon synthetic data and filtered publicly available websites - with a focus on high-quality, reasoning…

6.5Value
7.7Cheap
2.5Frontier
Reasoning Open weights 131K ctx

Mistral Small 3

5.7/10
Mistral · mistralai/mistral-small-24b-instruct-2501
$0.050 Input /Mtok
$0.080 Output /Mtok
$0.058 Blended 3:1

Mistral Small 3 is a 24B-parameter language model optimized for low-latency performance across common AI tasks. Released under the Apache 2.0 license,…

7.4Value
8.5Cheap
0.5Frontier
Text Open weights 33K ctx #11 cheapest

Qwen3.6 Max Preview

5.7/10
Qwen · qwen/qwen3.6-max-preview
$1.04 Input /Mtok
$6.24 Output /Mtok
$2.34 Blended 3:1

Qwen3.6-Max-Preview is a proprietary frontier model from Alibaba Cloud built on a sparse mixture-of-experts architecture with approximately 1 trillion total parameters. It…

5.4Value
5.3Cheap
6.5Frontier
Text 262K 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

Spotlight

5.6/10
Arcee Ai · arcee-ai/spotlight
$0.180 Input /Mtok
$0.180 Output /Mtok
$0.180 Blended 3:1

Spotlight is a 7‑billion‑parameter vision‑language model derived from Qwen 2.5‑VL and fine‑tuned by Arcee AI for tight image‑text grounding tasks. It offers…

7.3Value
7.5Cheap
1.5Frontier
Vision 131K ctx

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.