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).

Mistral Medium 3

5.5/10
Mistral · mistralai/mistral-medium-3
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

Mistral Medium 3 is a high-performance enterprise-grade language model designed to deliver frontier-level capabilities at significantly reduced operational cost. It balances state-of-the-art…

7.4Value
6.2Cheap
2.5Frontier
Vision 131K ctx Tools

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

GLM 4.6

5.5/10
Z Ai · z-ai/glm-4.6
$0.390 Input /Mtok
$1.90 Output /Mtok
$0.768 Blended 3:1

Compared with GLM-4.5, this generation brings several key improvements: Longer context window: The context window has been expanded from 128K to 200K…

6.8Value
6.2Cheap
3.0Frontier
Text Open weights 205K ctx Tools Reasoning

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

Kimi K2 0905

5.4/10
Moonshotai · moonshotai/kimi-k2-0905
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

Kimi K2 0905 is the September update of [Kimi K2 0711](moonshotai/kimi-k2). It is a large-scale Mixture-of-Experts (MoE) language model developed by Moonshot…

6.7Value
6.2Cheap
3.0Frontier
Text Open weights 262K ctx Tools

ERNIE 4.5 21B A3B Thinking

5.4/10
Baidu · baidu/ernie-4.5-21b-a3b-thinking
$0.070 Input /Mtok
$0.280 Output /Mtok
$0.123 Blended 3:1

ERNIE-4.5-21B-A3B-Thinking is Baidu's upgraded lightweight MoE model, refined to boost reasoning depth and quality for top-tier performance in logical puzzles, math, science,…

5.5Value
7.8Cheap
2.5Frontier
Reasoning Open weights 131K ctx #40 cheapest

GPT-5.3 Chat

5.4/10
OpenAI · openai/gpt-5.3-chat
$1.75 Input /Mtok
$14.00 Output /Mtok
$4.81 Blended 3:1

GPT-5.3 Chat is an update to ChatGPT's most-used model that makes everyday conversations smoother, more useful, and more directly helpful. It delivers…

5.2Value
4.6Cheap
6.5Frontier
Vision 128K ctx Tools

GPT-5.2-Codex

5.4/10
OpenAI · openai/gpt-5.2-codex
$1.75 Input /Mtok
$14.00 Output /Mtok
$4.81 Blended 3:1

GPT-5.2-Codex is an upgraded version of GPT-5.1-Codex optimized for software engineering and coding workflows. It is designed for both interactive development sessions…

6.0Value
4.6Cheap
5.5Frontier
Vision 400K ctx Tools Reasoning

GPT-5.2

5.4/10
OpenAI · openai/gpt-5.2
$1.75 Input /Mtok
$14.00 Output /Mtok
$4.81 Blended 3:1

GPT-5.2 is the latest frontier-grade model in the GPT-5 series, offering stronger agentic and long context perfomance compared to GPT-5.1. It uses…

6.0Value
4.6Cheap
5.5Frontier
Vision 400K ctx Tools Reasoning

DeepSeek V3 0324

5.3/10
DeepSeek · deepseek/deepseek-chat-v3-0324
$0.200 Input /Mtok
$0.770 Output /Mtok
$0.343 Blended 3:1

DeepSeek V3, a 685B-parameter, mixture-of-experts model, is the latest iteration of the flagship chat model family from the DeepSeek team. It succeeds…

7.0Value
6.9Cheap
1.5Frontier
Text Open weights 164K ctx Tools Reasoning

Qwen3 235B A22B Thinking 2507

5.3/10
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…

6.4Value
6.6Cheap
2.5Frontier
Reasoning Open weights 131K ctx Tools

GPT Audio Mini

5.3/10
OpenAI · openai/gpt-audio-mini
$0.600 Input /Mtok
$2.40 Output /Mtok
$1.05 Blended 3:1

A cost-efficient version of GPT Audio. The new snapshot features an upgraded decoder for more natural sounding voices and maintains better voice…

5.3Value
6.0Cheap
4.5Frontier
Audio 128K ctx Tools

Llama 3.2 11B Vision Instruct

5.3/10
Meta · meta-llama/llama-3.2-11b-vision-instruct
$0.245 Input /Mtok
$0.245 Output /Mtok
$0.245 Blended 3:1

Llama 3.2 11B Vision is a multimodal model with 11 billion parameters, designed to handle tasks combining visual and textual data. It…

6.6Value
7.2Cheap
1.5Frontier
Vision Open weights 131K ctx

Olmo 3.1 32B Instruct

5.3/10
Allenai · allenai/olmo-3.1-32b-instruct
$0.200 Input /Mtok
$0.600 Output /Mtok
$0.300 Blended 3:1

Olmo 3.1 32B Instruct is a large-scale, 32-billion-parameter instruction-tuned language model engineered for high-performance conversational AI, multi-turn dialogue, and practical instruction following.…

6.0Value
7.1Cheap
2.5Frontier
Text Open weights 66K ctx Tools

DeepSeek R1T2 Chimera

5.3/10
Tngtech · tngtech/deepseek-r1t2-chimera
$0.300 Input /Mtok
$1.10 Output /Mtok
$0.500 Blended 3:1

DeepSeek-TNG-R1T2-Chimera is the second-generation Chimera model from TNG Tech. It is a 671 B-parameter mixture-of-experts text-generation model assembled from DeepSeek-AI’s R1-0528, R1,…

6.4Value
6.6Cheap
2.5Frontier
Reasoning Open weights 164K ctx Tools

GPT-5 Codex

5.3/10
OpenAI · openai/gpt-5-codex
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

GPT-5-Codex is a specialized version of GPT-5 optimized for software engineering and coding workflows. It is designed for both interactive development sessions…

6.3Value
4.9Cheap
4.5Frontier
Vision 400K ctx Tools Reasoning

GPT-5

5.3/10
OpenAI · openai/gpt-5
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

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

6.3Value
4.9Cheap
4.5Frontier
Vision 400K ctx Tools Reasoning

Relace Search

5.3/10
Relace · relace/relace-search
$1.00 Input /Mtok
$3.00 Output /Mtok
$1.50 Blended 3:1

The relace-search model uses 4-12 `view_file` and `grep` tools in parallel to explore a codebase and return relevant files to the user…

5.2Value
5.7Cheap
5.0Frontier
Text 256K ctx Tools

o4 Mini Deep Research

5.3/10
OpenAI · openai/o4-mini-deep-research
$2.00 Input /Mtok
$8.00 Output /Mtok
$3.50 Blended 3:1

o4-mini-deep-research is OpenAI's faster, more affordable deep research model—ideal for tackling complex, multi-step research tasks. Note: This model always uses the 'web_search'…

6.3Value
4.9Cheap
4.5Frontier
Vision 200K ctx Tools Reasoning

o3

5.3/10
OpenAI · openai/o3
$2.00 Input /Mtok
$8.00 Output /Mtok
$3.50 Blended 3:1

o3 is a well-rounded and powerful model across domains. It sets a new standard for math, science, coding, and visual reasoning tasks.…

6.3Value
4.9Cheap
4.5Frontier
Vision 200K ctx Tools Reasoning

Nova Pro 1.0

5.3/10
Amazon · amazon/nova-pro-v1
$0.800 Input /Mtok
$3.20 Output /Mtok
$1.40 Blended 3:1

Amazon Nova Pro 1.0 is a capable multimodal model from Amazon focused on providing a combination of accuracy, speed, and cost for…

6.7Value
5.7Cheap
3.0Frontier
Vision 300K ctx Tools

QwQ 32B

5.2/10
Qwen · qwen/qwq-32b
$0.150 Input /Mtok
$0.580 Output /Mtok
$0.258 Blended 3:1

QwQ is the reasoning model of the Qwen series. Compared with conventional instruction-tuned models, QwQ, which is capable of thinking and reasoning,…

6.5Value
7.2Cheap
1.5Frontier
Reasoning Open weights 131K ctx Tools

GPT-5.4 Pro

5.2/10
OpenAI · openai/gpt-5.4-pro
$30.00 Input /Mtok
$180 Output /Mtok
$67.50 Blended 3:1

GPT-5.4 Pro is OpenAI's most advanced model, building on GPT-5.4's unified architecture with enhanced reasoning capabilities for complex, high-stakes tasks. It features…

5.2Value
2.3Cheap
8.5Frontier
Vision 1.1M ctx Tools Reasoning

Hunyuan A13B Instruct

5.2/10
Tencent · tencent/hunyuan-a13b-instruct
$0.140 Input /Mtok
$0.570 Output /Mtok
$0.248 Blended 3:1

Hunyuan-A13B is a 13B active parameter Mixture-of-Experts (MoE) language model developed by Tencent, with a total parameter count of 80B and support…

5.5Value
7.2Cheap
2.5Frontier
Reasoning Open weights 131K ctx

GPT-5.1 Chat

5.2/10
OpenAI · openai/gpt-5.1-chat
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

GPT-5.1 Chat (AKA Instant is the fast, lightweight member of the 5.1 family, optimized for low-latency chat while retaining strong general intelligence.…

5.5Value
4.9Cheap
5.0Frontier
Vision 128K ctx Tools

Claude 3.5 Haiku

5.1/10
Anthropic · anthropic/claude-3.5-haiku
$0.800 Input /Mtok
$4.00 Output /Mtok
$1.60 Blended 3:1

Claude 3.5 Haiku features offers enhanced capabilities in speed, coding accuracy, and tool use. Engineered to excel in real-time applications, it delivers…

6.5Value
5.6Cheap
3.0Frontier
Vision 200K ctx Tools

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

Llama 3 8B Lunaris

5.1/10
Sao10K · sao10k/l3-lunaris-8b
$0.040 Input /Mtok
$0.050 Output /Mtok
$0.043 Blended 3:1

Lunaris 8B is a versatile generalist and roleplaying model based on Llama 3. It's a strategic merge of multiple models, designed to…

5.7Value
8.7Cheap
0.0Frontier
Reasoning Open weights 8K ctx #7 cheapest

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

GLM 5

5.1/10
Z Ai · z-ai/glm-5
$0.720 Input /Mtok
$2.30 Output /Mtok
$1.12 Blended 3:1

GLM-5 is Z.ai’s flagship open-source foundation model engineered for complex systems design and long-horizon agent workflows. Built for expert developers, it delivers…

4.3Value
5.9Cheap
5.0Frontier
Text Open weights 80K 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

GLM 4.5

5.0/10
Z Ai · z-ai/glm-4.5
$0.600 Input /Mtok
$2.20 Output /Mtok
$1.00 Blended 3:1

GLM-4.5 is our latest flagship foundation model, purpose-built for agent-based applications. It leverages a Mixture-of-Experts (MoE) architecture and supports a context length…

5.4Value
6.0Cheap
3.5Frontier
Text Open weights 131K ctx Tools Reasoning

DeepSeek V3.1

5.0/10
DeepSeek · deepseek/deepseek-chat-v3.1
$0.150 Input /Mtok
$0.750 Output /Mtok
$0.300 Blended 3:1

DeepSeek-V3.1 is a large hybrid reasoning model (671B parameters, 37B active) that supports both thinking and non-thinking modes via prompt templates. It…

6.0Value
7.1Cheap
1.5Frontier
Reasoning Open weights 33K ctx Tools

Mistral Small 3

5.0/10
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,…

5.3Value
8.5Cheap
0.5Frontier
Text Open weights 33K ctx #16 cheapest

Hermes 4 70B

5.0/10
Nous Research · nousresearch/hermes-4-70b
$0.130 Input /Mtok
$0.400 Output /Mtok
$0.198 Blended 3:1

Hermes 4 70B is a hybrid reasoning model from Nous Research, built on Meta-Llama-3.1-70B. It introduces the same hybrid mode as the…

4.6Value
7.4Cheap
2.5Frontier
Reasoning Open weights 131K ctx

Grok 3 Mini Beta

5.0/10
xAI · x-ai/grok-3-mini-beta
$0.300 Input /Mtok
$0.500 Output /Mtok
$0.350 Blended 3:1

Grok 3 Mini is a lightweight, smaller thinking model. Unlike traditional models that generate answers immediately, Grok 3 Mini thinks before responding.…

6.0Value
6.9Cheap
1.5Frontier
Reasoning 131K ctx Tools

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

Qwen3 Max

5.0/10
Qwen · qwen/qwen3-max
$0.780 Input /Mtok
$3.90 Output /Mtok
$1.56 Blended 3:1

Qwen3-Max is an updated release built on the Qwen3 series, offering major improvements in reasoning, instruction following, multilingual support, and long-tail knowledge…

5.1Value
5.6Cheap
4.0Frontier
Reasoning 262K ctx Tools

Aion-2.0

5.0/10
Aion Labs · aion-labs/aion-2.0
$0.800 Input /Mtok
$1.60 Output /Mtok
$1.00 Blended 3:1

Aion-2.0 is a variant of DeepSeek V3.2 optimized for immersive roleplaying and storytelling. It is particularly strong at introducing tension, crises, and…

3.0Value
6.0Cheap
6.0Frontier
Text 131K ctx Reasoning

Rocinante 12B

4.9/10
Thedrummer · thedrummer/rocinante-12b
$0.170 Input /Mtok
$0.430 Output /Mtok
$0.235 Blended 3:1

Rocinante 12B is designed for engaging storytelling and rich prose. Early testers have reported: - Expanded vocabulary with unique and expressive word…

6.4Value
7.3Cheap
0.5Frontier
Text Open weights 33K 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

Devstral Medium

4.9/10
Mistral · mistralai/devstral-medium
$0.400 Input /Mtok
$2.00 Output /Mtok
$0.800 Blended 3:1

Devstral Medium is a high-performance code generation and agentic reasoning model developed jointly by Mistral AI and All Hands AI. Positioned as…

5.7Value
6.2Cheap
2.5Frontier
Reasoning 131K ctx Tools

Llama 3.1 70B Instruct

4.8/10
Meta · meta-llama/llama-3.1-70b-instruct
$0.400 Input /Mtok
$0.400 Output /Mtok
$0.400 Blended 3:1

Meta's latest class of model (Llama 3.1) launched with a variety of sizes & flavors. This 70B instruct-tuned version is optimized for…

5.7Value
6.8Cheap
1.5Frontier
Text Open weights 131K ctx Tools

R1 0528

4.8/10
DeepSeek · deepseek/deepseek-r1-0528
$0.450 Input /Mtok
$2.15 Output /Mtok
$0.875 Blended 3:1

May 28th update to the [original DeepSeek R1](/deepseek/deepseek-r1) Performance on par with [OpenAI o1](/openai/o1), but open-sourced and with fully open reasoning tokens.…

5.6Value
6.1Cheap
2.5Frontier
Reasoning Open weights 164K ctx Tools

GPT-4o-mini Search Preview

4.8/10
OpenAI · openai/gpt-4o-mini-search-preview
$0.150 Input /Mtok
$0.600 Output /Mtok
$0.263 Blended 3:1

GPT-4o mini Search Preview is a specialized model for web search in Chat Completions. It is trained to understand and execute web…

5.4Value
7.2Cheap
1.5Frontier
Text 128K ctx

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

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.