OpenAI & other LLM API Pricing Calculator

Calculate the cost of using OpenAI and other Large Language Models(LLMs) APIs

Chat/Completion

Provider ▲Model ▲Context ▲Input/1k Tokens ▲Output/1k Tokens ▲Per Call ▲Total ▲
Loading...

Frequently Asked Questions

🤔 What is a token in AI models?

A token is a piece of text that the AI model processes. Generally, 1 token ≈ 4 characters or 0.75 words. For example, "Hello world!" is about 3 tokens. Different models may tokenize text slightly differently.

💰 How is AI API pricing calculated?

AI pricing has two components:

  • Input tokens: What you send (prompt, context)
  • Output tokens: What the model generates (response)

Output is typically 2-5x more expensive than input.

🔢 How do I estimate my token count?

Use our Token Counter tool for exact counts. Quick estimate: 500-word article ≈ 650-700 tokens. Typical chat message ≈ 50-100 tokens.

🎯 Which AI model should I use?

Simple tasks: Llama 3, Gemini Flash, GPT-4o-mini (save 70-90%)

General use: GPT-4o-mini, Claude Haiku (good balance)

Complex tasks: GPT-4o, Claude Opus (best quality)

💸 How can I reduce my AI costs?

Top 5 strategies:

  • • Use cheaper models for routine tasks (70-90% savings)
  • • Enable prompt caching for repeated content (50-90% savings)
  • • Use batch APIs when possible (instant 50% discount)
  • • Optimize prompts to be concise
  • • Set max_tokens limits
📊 How accurate is this calculator?

We use real-time data from provider APIs, updated every 5 minutes. Calculations are based on official pricing. Actual costs may vary with caching, volume discounts, or special features.

Explore More Tools

Find the perfect AI solution for your needs