Live · updated 8 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).

Qwen3.5-Flash

8.2/10
Qwen · qwen/qwen3.5-flash-02-23
$0.065 Input /Mtok
$0.260 Output /Mtok
$0.114 Blended 3:1

The Qwen3.5 native vision-language Flash models are built on a hybrid architecture that integrates a linear attention mechanism with a sparse mixture-of-experts…

10.0Value
7.9Cheap
6.5Frontier
Vision 1.0M ctx Tools Reasoning #37 cheapest

Qwen3.5-9B

8.0/10
Qwen · qwen/qwen3.5-9b
$0.050 Input /Mtok
$0.150 Output /Mtok
$0.075 Blended 3:1

Qwen3.5-9B is a multimodal foundation model from the Qwen3.5 family, designed to deliver strong reasoning, coding, and visual understanding in an efficient…

10.0Value
8.3Cheap
5.5Frontier
Vision Open weights 256K ctx Tools Reasoning #24 cheapest

Qwen3.6 Plus

8.0/10
Qwen · qwen/qwen3.6-plus
$0.325 Input /Mtok
$1.95 Output /Mtok
$0.731 Blended 3:1

Qwen 3.6 Plus builds on a hybrid architecture that combines efficient linear attention with sparse mixture-of-experts routing, enabling strong scalability and high-performance…

10.0Value
6.3Cheap
7.5Frontier
Vision 1.0M ctx Tools Reasoning

Qwen3 Next 80B A3B Instruct (free)

7.9/10
Qwen · qwen/qwen3-next-80b-a3b-instruct:free
Free Input /Mtok
Free Output /Mtok
Free 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…

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

Qwen3 Coder 480B A35B (free)

7.9/10
Qwen · qwen/qwen3-coder:free
Free Input /Mtok
Free Output /Mtok
Free Blended 3:1

Qwen3-Coder-480B-A35B-Instruct is a Mixture-of-Experts (MoE) code generation model developed by the Qwen team. It is optimized for agentic coding tasks such as…

10.0Value
10.0Cheap
3.0Frontier
Code Free Open weights 262K ctx Tools

Qwen3.5 Plus 2026-02-15

7.7/10
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
6.5Frontier
Vision 1.0M ctx Tools Reasoning

Qwen3.5-35B-A3B

7.4/10
Qwen · qwen/qwen3.5-35b-a3b
$0.163 Input /Mtok
$1.30 Output /Mtok
$0.447 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…

9.7Value
6.7Cheap
5.5Frontier
Vision Open weights 262K ctx 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 Reasoning #26 cheapest

Qwen3.5-27B

7.2/10
Qwen · qwen/qwen3.5-27b
$0.195 Input /Mtok
$1.56 Output /Mtok
$0.536 Blended 3:1

The Qwen3.5 27B native vision-language Dense model incorporates a linear attention mechanism, delivering fast response times while balancing inference speed and performance.…

9.3Value
6.5Cheap
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Qwen3 VL 8B Instruct

7.2/10
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
3.5Frontier
Vision Open weights 131K ctx Tools

Qwen3 VL 32B Instruct

7.1/10
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,…

9.8Value
7.5Cheap
3.5Frontier
Vision Open weights 131K ctx Tools

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 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 #38 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

Qwen-Turbo

6.9/10
Qwen · qwen/qwen-turbo
$0.033 Input /Mtok
$0.130 Output /Mtok
$0.057 Blended 3:1

Qwen-Turbo, based on Qwen2.5, is a 1M context model that provides fast speed and low cost, suitable for simple tasks.

10.0Value
8.5Cheap
1.5Frontier
Text 131K ctx Tools #14 cheapest

Qwen3.5-122B-A10B

6.9/10
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
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Qwen3 VL 30B A3B Instruct

6.8/10
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
2.5Frontier
Vision Open weights 131K ctx Tools

Qwen3 VL 235B A22B Instruct

6.8/10
Qwen · qwen/qwen3-vl-235b-a22b-instruct
$0.200 Input /Mtok
$0.880 Output /Mtok
$0.370 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…

10.0Value
6.9Cheap
3.0Frontier
Vision Open weights 262K ctx Tools

Qwen3 Coder Next

6.8/10
Qwen · qwen/qwen3-coder-next
$0.120 Input /Mtok
$0.750 Output /Mtok
$0.278 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…

8.9Value
7.1Cheap
4.0Frontier
Code Open weights 262K ctx Tools

Qwen3.5 397B A17B

6.7/10
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
5.5Frontier
Vision Open weights 262K ctx Tools Reasoning

Qwen-Plus

6.6/10
Qwen · qwen/qwen-plus
$0.260 Input /Mtok
$0.780 Output /Mtok
$0.390 Blended 3:1

Qwen-Plus, based on the Qwen2.5 foundation model, is a 131K context model with a balanced performance, speed, and cost combination.

9.6Value
6.8Cheap
3.0Frontier
Text 1.0M ctx Tools

Qwen3 30B A3B Thinking 2507

6.6/10
Qwen · qwen/qwen3-30b-a3b-thinking-2507
$0.080 Input /Mtok
$0.400 Output /Mtok
$0.160 Blended 3:1

Qwen3-30B-A3B-Thinking-2507 is a 30B parameter Mixture-of-Experts reasoning model optimized for complex tasks requiring extended multi-step thinking. The model is designed specifically for…

9.0Value
7.6Cheap
2.5Frontier
Reasoning Open weights 131K ctx Tools

Qwen2.5 7B Instruct

6.5/10
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…

9.7Value
8.5Cheap
0.5Frontier
Text Open weights 33K ctx Tools #13 cheapest

Qwen2.5 Coder 7B Instruct

6.5/10
Qwen · qwen/qwen2.5-coder-7b-instruct
$0.030 Input /Mtok
$0.090 Output /Mtok
$0.045 Blended 3:1

Qwen2.5-Coder-7B-Instruct is a 7B parameter instruction-tuned language model optimized for code-related tasks such as code generation, reasoning, and bug fixing. Based on…

8.6Value
8.7Cheap
1.5Frontier
Code Open weights 33K ctx #8 cheapest

Qwen3 VL 8B Thinking

6.4/10
Qwen · qwen/qwen3-vl-8b-thinking
$0.117 Input /Mtok
$1.37 Output /Mtok
$0.429 Blended 3:1

Qwen3-VL-8B-Thinking is the reasoning-optimized variant of the Qwen3-VL-8B multimodal model, designed for advanced visual and textual reasoning across complex scenes, documents, and…

8.6Value
6.7Cheap
3.5Frontier
Vision Open weights 131K 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

Qwen3 14B

6.3/10
Qwen · qwen/qwen3-14b
$0.060 Input /Mtok
$0.240 Output /Mtok
$0.105 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…

8.6Value
8.0Cheap
1.5Frontier
Reasoning Open weights 41K ctx Tools #34 cheapest

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

Qwen3 32B

6.1/10
Qwen · qwen/qwen3-32b
$0.080 Input /Mtok
$0.240 Output /Mtok
$0.120 Blended 3:1

Qwen3-32B is a dense 32.8B parameter causal language model from the Qwen3 series, optimized for both complex reasoning and efficient dialogue. It…

8.2Value
7.8Cheap
1.5Frontier
Reasoning Open weights 41K ctx Tools #39 cheapest

Qwen3 Coder 480B A35B

6.0/10
Qwen · qwen/qwen3-coder
$0.220 Input /Mtok
$1.00 Output /Mtok
$0.415 Blended 3:1

Qwen3-Coder-480B-A35B-Instruct is a Mixture-of-Experts (MoE) code generation model developed by the Qwen team. It is optimized for agentic coding tasks such as…

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

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

Qwen3 30B A3B

5.9/10
Qwen · qwen/qwen3-30b-a3b
$0.080 Input /Mtok
$0.280 Output /Mtok
$0.130 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,…

7.9Value
7.8Cheap
1.5Frontier
Reasoning Open weights 41K ctx Tools #45 cheapest

Qwen3 Next 80B A3B Thinking

5.9/10
Qwen · qwen/qwen3-next-80b-a3b-thinking
$0.098 Input /Mtok
$0.780 Output /Mtok
$0.268 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…

7.6Value
7.1Cheap
2.5Frontier
Reasoning Open weights 131K ctx Tools

Qwen3 8B

5.9/10
Qwen · qwen/qwen3-8b
$0.050 Input /Mtok
$0.400 Output /Mtok
$0.138 Blended 3:1

Qwen3-8B is a dense 8.2B parameter causal language model from the Qwen3 series, designed for both reasoning-heavy tasks and efficient dialogue. It…

7.7Value
7.7Cheap
1.5Frontier
Reasoning Open weights 41K ctx Tools

Qwen3 Max Thinking

5.5/10
Qwen · qwen/qwen3-max-thinking
$0.780 Input /Mtok
$3.90 Output /Mtok
$1.56 Blended 3:1

Qwen3-Max-Thinking is the flagship reasoning model in the Qwen3 series, designed for high-stakes cognitive tasks that require deep, multi-step reasoning. By significantly…

5.8Value
5.6Cheap
5.0Frontier
Reasoning 262K 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

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

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

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

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

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

Qwen VL Max

4.8/10
Qwen · qwen/qwen-vl-max
$0.520 Input /Mtok
$2.08 Output /Mtok
$0.910 Blended 3:1

Qwen VL Max is a visual understanding model with 7500 tokens context length. It excels in delivering optimal performance for a broader…

6.3Value
6.1Cheap
1.5Frontier
Vision 131K ctx Tools

Qwen2.5 72B Instruct

4.7/10
Qwen · qwen/qwen-2.5-72b-instruct
$0.120 Input /Mtok
$0.390 Output /Mtok
$0.188 Blended 3:1

Qwen2.5 72B is the latest series of Qwen large language models. Qwen2.5 brings the following improvements upon Qwen2: - Significantly more knowledge…

5.7Value
7.5Cheap
0.5Frontier
Text Open weights 33K ctx Tools

Qwen3 235B A22B

4.6/10
Qwen · qwen/qwen3-235b-a22b
$0.455 Input /Mtok
$1.82 Output /Mtok
$0.796 Blended 3:1

Qwen3-235B-A22B is a 235B parameter mixture-of-experts (MoE) model developed by Qwen, activating 22B parameters per forward pass. It supports seamless switching between…

4.8Value
6.2Cheap
2.5Frontier
Reasoning Open weights 131K ctx Tools

Qwen2.5 VL 72B Instruct

3.9/10
Qwen · qwen/qwen2.5-vl-72b-instruct
$0.800 Input /Mtok
$0.800 Output /Mtok
$0.800 Blended 3:1

Qwen2.5-VL is proficient in recognizing common objects such as flowers, birds, fish, and insects. It is also highly capable of analyzing texts,…

4.6Value
6.2Cheap
0.5Frontier
Vision Open weights 33K ctx

Qwen-Max

3.5/10
Qwen · qwen/qwen-max
$1.04 Input /Mtok
$4.16 Output /Mtok
$1.82 Blended 3:1

Qwen-Max, based on Qwen2.5, provides the best inference performance among [Qwen models](/qwen), especially for complex multi-step tasks. It's a large-scale MoE model…

3.2Value
5.5Cheap
1.5Frontier
Text 33K ctx Tools

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.