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Every host for GPT-4

Per 1M tokens
HostBlendedInputOutputCachedPrecisionUptime
Azure
$37.50
$30.00$60.00——100.0%
OpenAI
$37.50
$30.00$60.00——100.0%
Blended price: three input tokens for every output token, per 1M tokens.

Cheapest price over time

Per 1M tokens
Cheapest input and output price for GPT-4 over timeFree$20.00$40.00$60.00Sept 2023Sept 2024Oct 2025Oct 2026$60.00$30.00
  • Input
  • Output
The cheapest list price at any host on each day it changed.

What your workload costs

A month, at every host
Cheapest a month
$15,000
Azure
  • Azure
    $15,000
  • OpenAI
    $15,000

Rent GPUs or pay per token?

Break-even
Renting the GPUs
$16,878/mo
Break-even volume
450M tokens/mo
Needed around the clock
171 tok/s

8 × H100 cost $16,878 a month. The cheapest API (Azure) charges $37.50 per 1M blended tokens, so the GPUs only pay off above 450M tokens a month: the box must serve 171 tokens a second, every second.

GPU price: cheapest on-demand offer per GPU-hour × 730 hours. No throughput is assumed: it depends on the model size, precision, batch size and serving software, so measure yours. Power, storage, egress and engineering time are not included.

LMArena rating over time

Text leaderboard
LMArena text rating of GPT-4 over time1,0501,1001,1501,2001,250Dec 2023Nov 2024Nov 2025Oct 20261,206

Rated about the same, by price

Blended, per 1M tokens

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.