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).

Gemini 2.5 Flash

6.6/10
Google · google/gemini-2.5-flash
$0.300 Input /Mtok
$2.50 Output /Mtok
$0.850 Blended 3:1

Gemini 2.5 Flash is Google's state-of-the-art workhorse model, specifically designed for advanced reasoning, coding, mathematics, and scientific tasks. It includes built-in "thinking"…

10.0Value
6.1Cheap
3.0Frontier
Audio 1.0M ctx Vision Tools Reasoning

MiniMax-01

6.5/10
Minimax · minimax/minimax-01
$0.200 Input /Mtok
$1.10 Output /Mtok
$0.425 Blended 3:1

MiniMax-01 is a combines MiniMax-Text-01 for text generation and MiniMax-VL-01 for image understanding. It has 456 billion parameters, with 45.9 billion parameters…

9.3Value
6.7Cheap
3.0Frontier
Vision Open weights 1.0M ctx

GLM 5.2

6.5/10
Z Ai · z-ai/glm-5.2
$0.966 Input /Mtok
$3.04 Output /Mtok
$1.48 Blended 3:1

GLM 5.2 is a large-scale reasoning model from Z.ai. It supports text input and output with a 1M-token context window, and is…

7.7Value
5.7Cheap
6.0Frontier
Reasoning Open weights 1.0M ctx Tools

Kimi K3

6.5/10
Moonshotai · moonshotai/kimi-k3
$3.00 Input /Mtok
$15.00 Output /Mtok
$6.00 Blended 3:1

Kimi K3 is a 2.8T parameter open-weight multimodal reasoning model from Moonshot AI. It is suited for complex coding, knowledge work, and…

7.2Value
4.4Cheap
8.0Frontier
Vision Open weights 1.0M ctx Tools Reasoning

Seed-2.0-Lite

6.5/10
Bytedance Seed · bytedance-seed/seed-2.0-lite
$0.250 Input /Mtok
$2.00 Output /Mtok
$0.688 Blended 3:1

Seed-2.0-Lite is a versatile, cost‑efficient enterprise workhorse that delivers strong multimodal and agent capabilities while offering noticeably lower latency, making it a…

8.7Value
6.3Cheap
4.0Frontier
Vision 262K ctx Tools Reasoning

Gemini 3.5 Flash

6.5/10
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
6.5Frontier
Audio 1.0M ctx Vision Tools Reasoning

Qwen3 Coder Next

6.4/10
Qwen · qwen/qwen3-coder-next
$0.120 Input /Mtok
$0.800 Output /Mtok
$0.290 Blended 3:1

Qwen3-Coder-Next is an open-weight causal language model optimized for coding agents and local development workflows. It uses a sparse MoE design with…

8.8Value
7.1Cheap
3.0Frontier
Code Open weights 262K ctx Tools

Trinity Large Thinking

6.4/10
Arcee Ai · arcee-ai/trinity-large-thinking
$0.220 Input /Mtok
$0.850 Output /Mtok
$0.378 Blended 3:1

Trinity Large Thinking is a powerful open source reasoning model from the team at Arcee AI. It shows strong performance in PinchBench,…

8.1Value
6.9Cheap
4.0Frontier
Reasoning Open weights 262K ctx Tools

Grok 4.20 Multi-Agent

6.4/10
xAI · x-ai/grok-4.20-multi-agent
$1.25 Input /Mtok
$2.50 Output /Mtok
$1.56 Blended 3:1

Grok 4.20 Multi-Agent is a variant of SpaceXAI’s Grok 4.20 designed for collaborative, agent-based workflows. Multiple agents operate in parallel to conduct…

7.7Value
5.6Cheap
6.0Frontier
Vision 2M ctx Reasoning

Grok 4.6

6.4/10
xAI · x-ai/grok-4.6
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Grok 4.6 is SpaceXAI's smartest model with frontier performance on coding, knowledge work, and STEM.

6.5Value
5.1Cheap
8.0Frontier
Vision 500K ctx Tools Reasoning

Qwen3.5-122B-A10B

6.4/10
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
4.0Frontier
Vision Open weights 262K ctx Tools Reasoning

GPT-4o-mini (2024-07-18)

6.4/10
OpenAI · openai/gpt-4o-mini-2024-07-18
$0.150 Input /Mtok
$0.600 Output /Mtok
$0.263 Blended 3:1

GPT-4o mini is OpenAI's newest model after [GPT-4 Omni](/models/openai/gpt-4o), supporting both text and image inputs with text outputs. As their most advanced…

9.9Value
7.2Cheap
1.5Frontier
Vision 128K ctx Tools

GPT-4o-mini

6.4/10
OpenAI · openai/gpt-4o-mini
$0.150 Input /Mtok
$0.600 Output /Mtok
$0.263 Blended 3:1

GPT-4o mini is OpenAI's newest model after [GPT-4 Omni](/models/openai/gpt-4o), supporting both text and image inputs with text outputs. As their most advanced…

9.9Value
7.2Cheap
1.5Frontier
Vision 128K ctx Tools

Hy3 preview

6.4/10
Tencent · tencent/hy3-preview
$0.180 Input /Mtok
$0.600 Output /Mtok
$0.285 Blended 3:1

Hy3 preview is a high-efficiency Mixture-of-Experts model from Tencent designed for agentic workflows and production use. It supports configurable reasoning levels across…

7.7Value
7.1Cheap
4.0Frontier
Reasoning Open weights 262K ctx Tools

Qwen3 14B

6.3/10
Qwen · qwen/qwen3-14b
$0.120 Input /Mtok
$0.240 Output /Mtok
$0.150 Blended 3:1

Qwen3-14B is a dense 14.8B parameter causal language model from the Qwen3 series, designed for both complex reasoning and efficient dialogue. It…

9.2Value
7.7Cheap
1.5Frontier
Reasoning Open weights 131K ctx Tools

Anthropic Claude Sonnet Latest

6.3/10
~Anthropic · ~anthropic/claude-sonnet-latest
$2.00 Input /Mtok
$10.00 Output /Mtok
$4.00 Blended 3:1

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

7.7Value
4.8Cheap
6.5Frontier
Vision 1.0M ctx Tools Reasoning

OpenAI GPT Latest

6.3/10
~Openai · ~openai/gpt-latest
$2.00 Input /Mtok
$10.00 Output /Mtok
$4.00 Blended 3:1

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

7.7Value
4.8Cheap
6.5Frontier
Vision 1.1M ctx Tools Reasoning

Qwen3 Coder Plus

6.3/10
Qwen · qwen/qwen3-coder-plus
$0.650 Input /Mtok
$3.25 Output /Mtok
$1.30 Blended 3:1

Qwen3 Coder Plus is Alibaba's proprietary version of the Open Source Qwen3 Coder 480B A35B. It is a powerful coding agent model…

8.0Value
5.8Cheap
5.0Frontier
Code 1.0M ctx Tools

Llama 3.3 70B Instruct

6.3/10
Meta · meta-llama/llama-3.3-70b-instruct
$0.100 Input /Mtok
$0.320 Output /Mtok
$0.155 Blended 3:1

The Meta Llama 3.3 multilingual large language model (LLM) is a pretrained and instruction tuned generative model in 70B (text in/text out).…

9.1Value
7.6Cheap
1.5Frontier
Text Open weights 131K ctx Tools

Claude Opus 5

6.3/10
Anthropic · anthropic/claude-opus-5
$5.00 Input /Mtok
$25.00 Output /Mtok
$10.00 Blended 3:1

Claude Opus 5 is Anthropic’s flagship model for demanding reasoning, coding, and long-horizon agentic work. It is particularly strong at end-to-end software…

6.7Value
4.0Cheap
8.5Frontier
Vision 1.0M ctx Tools Reasoning

GPT-4.1 (batch)

6.3/10
OpenAI · openai/gpt-4.1:batch
$1.00 Input /Mtok
$4.00 Output /Mtok
$1.75 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…

8.9Value
5.5Cheap
4.0Frontier
Vision 1.0M ctx Tools

Qwen3 VL 235B A22B Instruct

6.3/10
Qwen · qwen/qwen3-vl-235b-a22b-instruct
$0.210 Input /Mtok
$1.90 Output /Mtok
$0.633 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…

8.9Value
6.4Cheap
3.0Frontier
Vision Open weights 262K ctx Tools

Claude Sonnet 4.6 (batch)

6.2/10
Anthropic · anthropic/claude-sonnet-4.6:batch
$1.50 Input /Mtok
$7.50 Output /Mtok
$3.00 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…

8.1Value
5.1Cheap
5.5Frontier
Vision 1.0M 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

Google Gemini Pro Latest

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

This model always redirects to the latest model in the Google Gemini Pro family.

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

Qwen3 Next 80B A3B Instruct

6.2/10
Qwen · qwen/qwen3-next-80b-a3b-instruct
$0.100 Input /Mtok
$1.10 Output /Mtok
$0.350 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

Fugu Ultra

6.2/10
Sakana · sakana/fugu-ultra
$5.00 Input /Mtok
$30.00 Output /Mtok
$11.25 Blended 3:1

Fugu Ultra is the higher-performance model in Sakana AI's Fugu family. Rather than a single monolithic model, Fugu is a learned multi-agent…

6.6Value
3.9Cheap
8.5Frontier
Vision 1.0M ctx Tools Reasoning

Grok Build 0.1

6.2/10
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 SpaceXAI’s fast coding model trained specifically for agentic software engineering workflows. It supports text and image inputs with…

7.6Value
5.8Cheap
5.0Frontier
Vision 256K ctx Tools Reasoning

GLM 5.2 (batch)

6.2/10
Z Ai · z-ai/glm-5.2:batch
$1.40 Input /Mtok
$4.40 Output /Mtok
$2.15 Blended 3:1

GLM 5.2 is a large-scale reasoning model from Z.ai. It supports text input and output with a 1M-token context window, and is…

7.2Value
5.3Cheap
6.0Frontier
Reasoning Open weights 1.0M ctx Tools

Qwen3.7 Max

6.2/10
Qwen · qwen/qwen3.7-max
$1.48 Input /Mtok
$4.43 Output /Mtok
$2.21 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…

7.2Value
5.3Cheap
6.0Frontier
Text 1.0M ctx Tools Reasoning

Seed 1.6

6.2/10
Bytedance Seed · bytedance-seed/seed-1.6
$0.250 Input /Mtok
$2.00 Output /Mtok
$0.688 Blended 3:1

Seed 1.6 is a general-purpose model released by the ByteDance Seed team. It incorporates multimodal capabilities and adaptive deep thinking with a…

8.7Value
6.3Cheap
3.0Frontier
Vision 262K 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

Qwen3.6 27B

6.1/10
Qwen · qwen/qwen3.6-27b
$0.600 Input /Mtok
$3.60 Output /Mtok
$1.35 Blended 3:1

Qwen3.6 27B is a dense 27-billion-parameter language model from the Qwen Team at Alibaba, released in April 2026. It features hybrid multimodal…

7.5Value
5.7Cheap
5.0Frontier
Vision Open weights 262K ctx Tools Reasoning

Kimi K2.7 Code

6.1/10
Moonshotai · moonshotai/kimi-k2.7-code
$0.670 Input /Mtok
$3.40 Output /Mtok
$1.35 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…

7.5Value
5.7Cheap
5.0Frontier
Vision Open weights 262K ctx Tools Reasoning

MoonshotAI Kimi Latest

6.1/10
~Moonshotai · ~moonshotai/kimi-latest
$2.60 Input /Mtok
$13.00 Output /Mtok
$5.20 Blended 3:1

This model always redirects to the latest model in the MoonshotAI Kimi family.

7.4Value
4.6Cheap
6.5Frontier
Vision 1.0M ctx Tools Reasoning

Grok 4.5

6.1/10
xAI · x-ai/grok-4.5
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Grok 4.5 is a model from SpaceXAI with frontier performance on coding, knowledge work, and STEM.

6.5Value
5.1Cheap
7.0Frontier
Vision 500K ctx Tools Reasoning

Grok Latest

6.1/10
~X Ai · ~x-ai/grok-latest
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

This model always redirects to the latest Grok model from xAI.

6.5Value
5.1Cheap
7.0Frontier
Vision 500K ctx Tools Reasoning

Inkling (batch)

6.1/10
Thinkingmachines · thinkingmachines/inkling:batch
$1.00 Input /Mtok
$4.05 Output /Mtok
$1.76 Blended 3:1

Inkling is an open-weight multimodal mixture-of-experts model from Thinking Machines Lab, with 41B active parameters out of 975B total. It is designed…

6.4Value
5.5Cheap
6.5Frontier
Audio Open weights 524K ctx Vision Tools Reasoning

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 262K ctx Tools

MiniMax M2.7

6.1/10
Minimax · minimax/minimax-m2.7
$0.300 Input /Mtok
$1.20 Output /Mtok
$0.525 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…

7.4Value
6.6Cheap
4.0Frontier
Text Open weights 205K ctx Tools Reasoning

KAT-Coder-Pro V2.5

6.1/10
Kwaipilot · kwaipilot/kat-coder-pro-v2.5
$0.740 Input /Mtok
$2.96 Output /Mtok
$1.30 Blended 3:1

KAT-Coder-Pro V2.5 is a flagship-level Agentic Coding model that can directly hand over an entire issue or an entire business workflow to…

6.1Value
5.8Cheap
6.5Frontier
Code 256K ctx Tools

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

Qwen3 Next 80B A3B Thinking

6.0/10
Qwen · qwen/qwen3-next-80b-a3b-thinking
$0.150 Input /Mtok
$1.20 Output /Mtok
$0.413 Blended 3:1

Qwen3-Next-80B-A3B-Thinking is a reasoning-first chat model in the Qwen3-Next line that outputs structured “thinking” traces by default. It’s designed for hard multi-step…

7.9Value
6.8Cheap
3.0Frontier
Reasoning Open weights 262K ctx Tools

MiniMax M2

6.0/10
Minimax · minimax/minimax-m2
$0.255 Input /Mtok
$1.02 Output /Mtok
$0.446 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

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

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.