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AI Economics

What it costs to run AI: language models per token, images and video per unit, and the GPUs underneath. 1,778 models from 133 hosts, read every hour.

Prices read 21 min ago
A model scoring 70% on GPQA Diamond, per 1M tokens
$0.054
×490 cheaper than in Dec 2024
Blended 3 input : 1 output, 2026-10-23

What a strong model costs, over time

Cheapest blended price, per 1M tokens
Cheapest price per 1M tokens of a model scoring 70% on GPQA Diamond, and of a model rated at or above GPT-4 on LMArena, over time$0.01$1.00$10.00$100.00Dec 2023Nov 2024Nov 2025Oct 2026$0.054$0.025
  • 70% on GPQA Diamond
  • At or above GPT-4 on LMArena
Log scale: each gridline is a multiple of the one below.
Solid: each day, the cheapest model that scores 70% or more on GPQA Diamond (Epoch AI). Dashed: the cheapest model rated at or above GPT-4 (June 2023) on the LMArena text leaderboard, a lower bar that small models such as Llama 3.1 8B clear. Blended: three input tokens for every output token.
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The numbers

Each figure is worked out from the prices and scores on this site. Open one to see the formula and the sources.

  1. A 70% GPQA Diamond modelShare
    $0.054

    The cheapest model that scores 70% or more on GPQA Diamond costs $0.054 per 1M tokens, blended 3 input to 1 output, on 2026-10-23.

    How this is worked out

    Cheapest current blended price among models with an Epoch AI GPQA Diamond mean score of 0.70 or more.

    Source: Epoch AI, OpenRouter, LiteLLM price map. As of 2026-10-23. Based on 125 data points.

    See the data

  2. At or above GPT-4 on LMArenaShare
    $0.025

    The cheapest model rated at or above GPT-4 (June 2023) on the LMArena text leaderboard costs $0.025 per 1M tokens, blended 3 input to 1 output, ×1500 less than in Dec 2023. Small models such as Llama 3.1 8B clear this bar.

    How this is worked out

    Cheapest blended price (3 input : 1 output tokens, per 1M) among models whose LMArena text rating is at least that of gpt-4-0613 on the same leaderboard.

    Source: LiteLLM price map, OpenRouter, LMArena. As of 2026-10-23. Based on 233 data points.

    See the data

  3. Same model, different hostShare
    ×2.0

    The same open model costs ×2.0 as much at the dearest host as at the cheapest, at the median across 170 models, comparing hosts that serve the same stated precision.

    How this is worked out

    For each model with three or more hosts serving the same stated precision (fp8 with fp8, and so on): dearest ÷ cheapest list price per 1M input tokens. Median across models. Promotional prices count as listed.

    Source: OpenRouter. Based on 170 data points.

    See the data

  4. US models cost less, same qualityShare
    ×1.9 gap

    At 60% on GPQA Diamond, the cheapest US model costs $0.028 per 1M tokens; the cheapest Chinese model $0.054.

    How this is worked out

    Cheapest blended price per developer country among models with an Epoch AI GPQA Diamond score of 0.60 or more (at least three models per country). Country is the developer’s, from Epoch AI.

    Source: Epoch AI, OpenRouter, LiteLLM price map. As of 2026-10-23. Based on 143 data points.

    See the data

  5. A top-10 imageShare
    $0.019

    An image from one of the ten best-rated image models costs $0.019 at the median.

    How this is worked out

    Median of the cheapest per-image price (standard size) among the ten highest-rated LMArena text-to-image models.

    Source: LiteLLM price map, LMArena. As of 2026-10-23. Based on 2 data points.

    See the data

  6. A 10-second 1080p clipShare
    $0.80

    The cheapest 10-second 1080p AI video costs $0.80 ($0.08 a second).

    How this is worked out

    Cheapest per-second price at 1080p across video models × 10 seconds.

    Source: LiteLLM price map. As of 2026-10-23. Based on 25 data points.

    See the data

  7. H100 indexShare
    $9,087/mo

    Renting one H100 costs $9,087 a month at the median of every on-demand offer.

    How this is worked out

    Median on-demand price per H100-hour across every cloud and GPU marketplace offer × 730 hours.

    Source: Cloudadapt GPU prices. As of 2026-10-23.

    See the data

  8. Cached inputShare
    90% off

    Input tokens served from the prompt cache cost 90% less than fresh ones, at the median.

    How this is worked out

    Cached-input price ÷ list input price, per model and host that publish both. One minus the median.

    Source: OpenRouter, LiteLLM price map. Based on 2,420 data points.

    See the data

  9. Off-peak hoursShare
    50% off

    DeepSeek charges up to 50% less in its off-peak hours (Beijing time).

    How this is worked out

    One minus the off-peak list price over the peak list price, per DeepSeek model and token type, in CNY.

    Source: DeepSeek pricing. Based on 6 data points.

    See the data

  10. Batch jobsShare
    50% off

    Batch requests cost 50% less than live ones, at the median, where a host offers them.

    How this is worked out

    Batch input price ÷ list input price per model and host. One minus the median.

    Source: LiteLLM price map. Based on 422 data points.

    See the data

  11. List-price movesShare
    210 down, 105 up

    In Sept 2026, 210 AI list prices went down and 105 went up.

    How this is worked out

    Count of list-price changes in the month across every model, host and unit, by direction.

    Source: LiteLLM price map, OpenRouter. As of 2026-09. Based on 315 data points.

    See the data

  12. Open weights cost less, same qualityShare
    ×2.4 gap

    At 60% on GPQA Diamond, the cheapest open-weights model costs $0.028 per 1M tokens and the cheapest closed one $0.069.

    How this is worked out

    Cheapest blended price among models with an Epoch AI GPQA Diamond score of 0.60 or more, grouped by whether the weights are published.

    Source: Epoch AI, OpenRouter, LiteLLM price map. As of 2026-10-23. Based on 123 data points.

    See the data

Explore

Latest list-price changes

Last 120 days
ModelHostBeforeNowChange
GLM 5.3Morph$0.322$0.306−5%
DeepSeek V4 Pro 0813DeepSeek$1.98$3.96+100%
DeepSeek V4.1 Flash 1017Morph$0.265$0.288+9%
GLM 5.2Morph$0.322$0.306−5%
DeepSeek V4 Flash 0731Wafer$0.12$0.14+17%
DeepSeek V4.1 FlashMorph$0.265$0.288+9%
DeepSeek V4.1 Flash 1017DeepSeek$0.60$1.20+100%
DeepSeek V4.1 Flash 1017DeepSeek$0.15$0.30+100%
DeepSeek V4 Pro 0813DeepSeek$0.66$1.32+100%
DeepSeek V4 Flash 0731Relace$0.16$0.157−2%

Quality data: LMArena (CC BY 4.0), Epoch AI (CC BY 4.0). Prices: OpenRouter, LiteLLM (MIT), provider pages. List prices in US dollars before discounts and taxes; other currencies converted at the European Central Bank reference rate. The figures on these pages are free to reuse under CC BY 4.0 with a link to this page.