Multi-model Cost Comparison
Compare API costs across multiple LLM providers and models side by side.
Inputs
Cheapest Daily Cost
$0.45
Cheapest Monthly Cost
$13.50
GPT-4o Daily
$7.50
GPT-4o-mini Daily
$0.45
Claude 3.5 Sonnet Daily
$10.50
Step by step
GPT-4o daily cost
1000 × ((1000/1M × $2.5) + (500/1M × $10))
= $7.50
GPT-4o-mini daily cost
1000 × ((1000/1M × $0.15) + (500/1M × $0.6))
= $0.45
Claude 3.5 Sonnet daily cost
1000 × ((1000/1M × $3) + (500/1M × $15))
= $10.50
How it works
Comparing LLM costs across providers helps choose the most cost-effective model for your use case. Total cost depends on input/output token pricing multiplied by volume. Cheaper models may suffice for simple tasks while complex reasoning may require premium models.
Formula
Daily Cost
daily = requests × ((input_tokens/1M × input_price) + (output_tokens/1M × output_price))
- requests
- Number of API requests per day
Frequently Asked Questions
Should I always pick the cheapest model?
No — cheaper models may produce lower quality outputs requiring more retries or human correction. Consider quality-adjusted cost: cheaper per-token but needing 3x tokens for the same result is actually more expensive.
Do prices change frequently?
Yes — LLM pricing is competitive and drops frequently. Check provider pricing pages for current rates. This calculator uses representative pricing for comparison purposes.