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).

Llama 3.2 3B Instruct

5.1/10
Meta · meta-llama/llama-3.2-3b-instruct
$0.051 Input /Mtok
$0.335 Output /Mtok
$0.122 Blended 3:1

Llama 3.2 3B is a 3-billion-parameter multilingual large language model, optimized for advanced natural language processing tasks like dialogue generation, reasoning, and…

5.5Value
7.8Cheap
1.5Frontier
Reasoning Open weights 131K ctx #35 cheapest

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 #6 cheapest

GPT-5.4 Image 2

5.0/10
OpenAI · openai/gpt-5.4-image-2
$8.00 Input /Mtok
$15.00 Output /Mtok
$9.75 Blended 3:1

[GPT-5.4](https://openrouter.ai/openai/gpt-5.4) Image 2 combines OpenAI's GPT-5.4 model with state-of-the-art image generation capabilities from GPT Image 2. It enables rich multimodal workflows, allowing…

4.3Value
4.0Cheap
7.0Frontier
Vision 272K ctx Reasoning

o3

5.0/10
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
3.5Frontier
Vision 200K ctx Tools Reasoning

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

GPT-5.3 Chat

5.0/10
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
5.0Frontier
Vision 128K 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

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

GPT-5 Image Mini

4.9/10
OpenAI · openai/gpt-5-image-mini
$2.50 Input /Mtok
$2.00 Output /Mtok
$2.38 Blended 3:1

GPT-5 Image Mini combines OpenAI's advanced language capabilities, powered by [GPT-5 Mini](https://openrouter.ai/openai/gpt-5-mini), with GPT Image 1 Mini for efficient image generation. This…

5.4Value
5.3Cheap
4.0Frontier
Vision 400K ctx 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

GPT-5.1 Chat

4.9/10
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
4.0Frontier
Vision 128K ctx Tools

Mistral Small 3.1 24B

4.8/10
Mistral · mistralai/mistral-small-3.1-24b-instruct
$0.351 Input /Mtok
$0.555 Output /Mtok
$0.402 Blended 3:1

Mistral Small 3.1 24B Instruct is an upgraded variant of Mistral Small 3 (2501), featuring 24 billion parameters with advanced multimodal capabilities.…

5.7Value
6.8Cheap
1.5Frontier
Vision Open weights 128K ctx

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

R1 0528

4.8/10
DeepSeek · deepseek/deepseek-r1-0528
$0.500 Input /Mtok
$2.15 Output /Mtok
$0.913 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.…

5.5Value
6.1Cheap
2.5Frontier
Reasoning Open weights 164K ctx Tools

ERNIE 4.5 VL 424B A47B

4.8/10
Baidu · baidu/ernie-4.5-vl-424b-a47b
$0.420 Input /Mtok
$1.25 Output /Mtok
$0.628 Blended 3:1

ERNIE-4.5-VL-424B-A47B is a multimodal Mixture-of-Experts (MoE) model from Baidu’s ERNIE 4.5 series, featuring 424B total parameters with 47B active per token. It…

5.1Value
6.4Cheap
2.5Frontier
Vision Open weights 131K ctx Reasoning

Claude Opus 4.5

4.8/10
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
5.0Frontier
Vision 200K ctx Tools Reasoning

o3 Mini High

4.8/10
OpenAI · openai/o3-mini-high
$1.10 Input /Mtok
$4.40 Output /Mtok
$1.93 Blended 3:1

OpenAI o3-mini-high is the same model as [o3-mini](/openai/o3-mini) with reasoning_effort set to high. o3-mini is a cost-efficient language model optimized for STEM…

5.6Value
5.4Cheap
3.0Frontier
Reasoning 200K ctx Tools

o3 Mini

4.8/10
OpenAI · openai/o3-mini
$1.10 Input /Mtok
$4.40 Output /Mtok
$1.93 Blended 3:1

OpenAI o3-mini is a cost-efficient language model optimized for STEM reasoning tasks, particularly excelling in science, mathematics, and coding. This model supports…

5.6Value
5.4Cheap
3.0Frontier
Reasoning 200K ctx Tools

GLM 4.5

4.8/10
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…

4.6Value
6.0Cheap
3.5Frontier
Text Open weights 131K ctx Tools Reasoning

Kimi K2 0711

4.8/10
Moonshotai · moonshotai/kimi-k2
$0.570 Input /Mtok
$2.30 Output /Mtok
$1.00 Blended 3:1

Kimi K2 Instruct is a large-scale Mixture-of-Experts (MoE) language model developed by Moonshot AI, featuring 1 trillion total parameters with 32 billion…

4.6Value
6.0Cheap
3.5Frontier
Text Open weights 131K ctx Tools

GPT-5.4 Pro

4.8/10
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
7.0Frontier
Vision 1.1M ctx Tools Reasoning

R1 Distill Qwen 32B

4.8/10
DeepSeek · deepseek/deepseek-r1-distill-qwen-32b
$0.290 Input /Mtok
$0.290 Output /Mtok
$0.290 Blended 3:1

DeepSeek R1 Distill Qwen 32B is a distilled large language model based on [Qwen 2.5 32B](https://huggingface.co/Qwen/Qwen2.5-32B), using outputs from [DeepSeek R1](/deepseek/deepseek-r1). It…

5.2Value
7.1Cheap
1.5Frontier
Reasoning Open weights 128K ctx

Qianfan-OCR-Fast

4.8/10
Baidu · baidu/qianfan-ocr-fast
$0.680 Input /Mtok
$2.81 Output /Mtok
$1.21 Blended 3:1

Qianfan-OCR-Fast is a domain-specific multimodal large model purpose-built for OCR. By leveraging specialized OCR training data while preserving versatile multimodal intelligence, it…

3.5Value
5.8Cheap
5.0Frontier
Vision 66K ctx Reasoning

Hermes 3 70B Instruct

4.7/10
Nous Research · nousresearch/hermes-3-llama-3.1-70b
$0.300 Input /Mtok
$0.300 Output /Mtok
$0.300 Blended 3:1

Hermes 3 is a generalist language model with many improvements over [Hermes 2](/models/nousresearch/nous-hermes-2-mistral-7b-dpo), including advanced agentic capabilities, much better roleplaying, reasoning, multi-turn…

5.2Value
7.1Cheap
1.5Frontier
Reasoning Open weights 131K ctx

Saba

4.7/10
Mistral · mistralai/mistral-saba
$0.200 Input /Mtok
$0.600 Output /Mtok
$0.300 Blended 3:1

Mistral Saba is a 24B-parameter language model specifically designed for the Middle East and South Asia, delivering accurate and contextually relevant responses…

6.0Value
7.1Cheap
0.5Frontier
Text 33K ctx Tools

Pixtral Large 2411

4.6/10
Mistral · mistralai/pixtral-large-2411
$2.00 Input /Mtok
$6.00 Output /Mtok
$3.00 Blended 3:1

Pixtral Large is a 124B parameter, open-weight, multimodal model built on top of [Mistral Large 2](/mistralai/mistral-large-2411). The model is able to understand…

5.7Value
5.1Cheap
3.0Frontier
Vision 131K ctx Tools

R1

4.6/10
DeepSeek · deepseek/deepseek-r1
$0.700 Input /Mtok
$2.50 Output /Mtok
$1.15 Blended 3:1

DeepSeek R1 is here: Performance on par with [OpenAI o1](/openai/o1), but open-sourced and with fully open reasoning tokens. It's 671B parameters in…

5.2Value
5.9Cheap
2.5Frontier
Reasoning Open weights 164K ctx Tools

Gemma 3n 4B

4.6/10
Google · google/gemma-3n-e4b-it
$0.060 Input /Mtok
$0.120 Output /Mtok
$0.075 Blended 3:1

Gemma 3n E4B-it is optimized for efficient execution on mobile and low-resource devices, such as phones, laptops, and tablets. It supports multimodal…

4.6Value
8.3Cheap
0.5Frontier
Text Open weights 33K ctx #22 cheapest

Morph V3 Large

4.6/10
Morph · morph/morph-v3-large
$0.900 Input /Mtok
$1.90 Output /Mtok
$1.15 Blended 3:1

Morph's high-accuracy apply model for complex code edits. ~4,500 tokens/sec with 98% accuracy for precise code transformations. The model requires the prompt…

3.9Value
5.9Cheap
4.0Frontier
Text 262K ctx

Jamba Large 1.7

4.6/10
AI21 · ai21/jamba-large-1.7
$2.00 Input /Mtok
$8.00 Output /Mtok
$3.50 Blended 3:1

Jamba Large 1.7 is the latest model in the Jamba open family, offering improvements in grounding, instruction-following, and overall efficiency. Built on…

4.4Value
4.9Cheap
4.5Frontier
Text Open weights 256K ctx Tools

GPT Audio

4.6/10
OpenAI · openai/gpt-audio
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

The gpt-audio model is OpenAI's first generally available audio model. The new snapshot features an upgraded decoder for more natural sounding voices…

4.1Value
4.7Cheap
5.0Frontier
Audio 128K ctx Tools

MythoMax 13B

4.6/10
Gryphe · gryphe/mythomax-l2-13b
$0.060 Input /Mtok
$0.060 Output /Mtok
$0.060 Blended 3:1

One of the highest performing and most popular fine-tunes of Llama 2 13B, with rich descriptions and roleplay. #merge

4.6Value
8.4Cheap
0.0Frontier
Text Open weights 4K ctx #12 cheapest

Llama 3.1 Euryale 70B v2.2

4.6/10
Sao10K · sao10k/l3.1-euryale-70b
$0.850 Input /Mtok
$0.850 Output /Mtok
$0.850 Blended 3:1

Euryale L3.1 70B v2.2 is a model focused on creative roleplay from [Sao10k](https://ko-fi.com/sao10k). It is the successor of [Euryale L3 70B v2.1](/models/sao10k/l3-euryale-70b).

5.6Value
6.1Cheap
1.5Frontier
Reasoning Open weights 131K ctx Tools

Cydonia 24B V4.1

4.5/10
Thedrummer · thedrummer/cydonia-24b-v4.1
$0.300 Input /Mtok
$0.500 Output /Mtok
$0.350 Blended 3:1

Uncensored and creative writing model based on Mistral Small 3.2 24B with good recall, prompt adherence, and intelligence.

3.9Value
6.9Cheap
2.5Frontier
Text Open weights 131K ctx

Sonar Pro Search

4.5/10
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
4.5Frontier
Vision 200K ctx Reasoning

Aion-2.0

4.5/10
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
4.5Frontier
Text 131K ctx Reasoning

o3 Deep Research

4.5/10
OpenAI · openai/o3-deep-research
$10.00 Input /Mtok
$40.00 Output /Mtok
$17.50 Blended 3:1

o3-deep-research is OpenAI's advanced model for deep research, designed to tackle complex, multi-step research tasks. Note: This model always uses the 'web_search'…

4.9Value
3.5Cheap
5.0Frontier
Vision 200K ctx Tools Reasoning

UnslopNemo 12B

4.5/10
Thedrummer · thedrummer/unslopnemo-12b
$0.400 Input /Mtok
$0.400 Output /Mtok
$0.400 Blended 3:1

UnslopNemo v4.1 is the latest addition from the creator of Rocinante, designed for adventure writing and role-play scenarios.

5.5Value
6.8Cheap
0.5Frontier
Text Open weights 33K ctx Tools

GLM 4.5V

4.4/10
Z Ai · z-ai/glm-4.5v
$0.600 Input /Mtok
$1.80 Output /Mtok
$0.900 Blended 3:1

GLM-4.5V is a vision-language foundation model for multimodal agent applications. Built on a Mixture-of-Experts (MoE) architecture with 106B parameters and 12B activated…

5.3Value
6.1Cheap
1.5Frontier
Vision Open weights 66K ctx Tools Reasoning

Relace Apply 3

4.4/10
Relace · relace/relace-apply-3
$0.850 Input /Mtok
$1.25 Output /Mtok
$0.950 Blended 3:1

Relace Apply 3 is a specialized code-patching LLM that merges AI-suggested edits straight into your source files. It can apply updates from…

4.1Value
6.0Cheap
3.0Frontier
Text 256K ctx

GPT-5 Chat

4.4/10
OpenAI · openai/gpt-5-chat
$1.25 Input /Mtok
$10.00 Output /Mtok
$3.44 Blended 3:1

GPT-5 Chat is designed for advanced, natural, multimodal, and context-aware conversations for enterprise applications.

4.3Value
4.9Cheap
4.0Frontier
Vision 128K ctx

GPT-4o (2024-11-20)

4.4/10
OpenAI · openai/gpt-4o-2024-11-20
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

The 2024-11-20 version of GPT-4o offers a leveled-up creative writing ability with more natural, engaging, and tailored writing to improve relevance &…

5.3Value
4.7Cheap
3.0Frontier
Vision 128K ctx Tools

GPT-4o (2024-08-06)

4.4/10
OpenAI · openai/gpt-4o-2024-08-06
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

The 2024-08-06 version of GPT-4o offers improved performance in structured outputs, with the ability to supply a JSON schema in the respone_format.…

5.3Value
4.7Cheap
3.0Frontier
Vision 128K ctx Tools

GPT-4o

4.4/10
OpenAI · openai/gpt-4o
$2.50 Input /Mtok
$10.00 Output /Mtok
$4.38 Blended 3:1

GPT-4o ("o" for "omni") is OpenAI's latest AI model, supporting both text and image inputs with text outputs. It maintains the intelligence…

5.3Value
4.7Cheap
3.0Frontier
Vision 128K ctx Tools

Olmo 3 32B Think

4.4/10
Allenai · allenai/olmo-3-32b-think
$0.150 Input /Mtok
$0.500 Output /Mtok
$0.238 Blended 3:1

Olmo 3 32B Think is a large-scale, 32-billion-parameter model purpose-built for deep reasoning, complex logic chains and advanced instruction-following scenarios. Its capacity…

4.1Value
7.3Cheap
1.5Frontier
Reasoning Open weights 66K ctx

GPT-5 Image

4.4/10
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…

4.3Value
4.0Cheap
5.0Frontier
Vision 400K ctx Reasoning

ERNIE 4.5 300B A47B

4.3/10
Baidu · baidu/ernie-4.5-300b-a47b
$0.280 Input /Mtok
$1.10 Output /Mtok
$0.485 Blended 3:1

ERNIE-4.5-300B-A47B is a 300B parameter Mixture-of-Experts (MoE) language model developed by Baidu as part of the ERNIE 4.5 series. It activates 47B…

3.6Value
6.6Cheap
2.5Frontier
Text Open weights 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.