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Cheapest LLM APIs

Current models with published list prices, ranked by blended price: three parts input to one part output, in US dollars per million tokens.

30 modelsData checked October 10, 2026

A blended price makes models with different input and output rates comparable at a glance. Your real ratio may differ: chat and retrieval apps are input-heavy, while content generation and reasoning are output-heavy, so check both columns.

Discounts can reorder this list. Batch APIs commonly halve prices for work that can wait, cached input often costs a tenth of normal input, and some providers charge more for very long prompts or less at off-peak hours. The calculator applies your own mix.

The shortlist

ModelTierWeightsContextInput / 1MOutput / 1MInputs
NVIDIA Nemotron 3.5 Lightning 30B-A3BNVIDIACompactOpen weights1M$0.05$0.20Text
Ministral 3 3BMistral AICompactOpen weights256K$0.10$0.10Text, Images
Granite 4.2 8BIBMCompactOpen weights128K$0.06$0.25Text
gpt-oss-20bOpenAICompactOpen weights128K$0.075$0.30Text
Gemma 4 26B A4BGoogleCompactOpen weights256K$0.07$0.34Text, Images, Video
Ministral 3 8BMistral AICompactOpen weights256K$0.15$0.15Text, Images
Claude Haiku 5.5AnthropicEfficientClosed1M$0.10$0.50Text, Images, PDF
GPT-6 LunaOpenAIEfficientClosed1.05M$0.10$0.50Text, Images
Ministral 3 14BMistral AIEfficientOpen weights256K$0.20$0.20Text, Images
GLM-5.3-FlashZ.ai (Zhipu AI)EfficientOpen weights1M$0.15$0.50Text, Images, Video
Gemma 4 31BGoogleEfficientOpen weights256K$0.20$0.40Text, Images, Video
Mistral Small 4Mistral AIEfficientOpen weights256K$0.15$0.60Text, Images
gpt-oss-120bOpenAIAdvancedOpen weights128K$0.15$0.60Text
Granite 4.2 30BIBMEfficientOpen weights128K$0.16$0.65Text
Qwen3.6-35B-A3BAlibaba (Qwen)CompactOpen weights256K$0.10$0.95Text, Images, Video
Codestral 25.08Mistral AIEfficientClosed125K$0.30$0.90Text
DeepSeek-V4.1-FlashDeepSeekAdvancedOpen weights1M$0.30$1.20Text, Images
MiniMax-M3MiniMaxAdvancedOpen weights1M$0.30$1.20Text, Images, Video
Gemini 3.1 Flash-LiteGoogleEfficientClosed1M$0.25$1.50Text, Images, Video, Audio, PDF
Muse Glimmer 30BMetaEfficientOpen weights128K$0.35$1.50Text, Images, Video
Mistral Large 3Mistral AIAdvancedOpen weights256K$0.50$1.50Text, Images
SonarPerplexityEfficientClosed—$0.25$2.50Text
Gemini 3.5 Flash-LiteGoogleEfficientClosed1M$0.30$2.50Text, Images, Video, Audio, PDF
NVIDIA Nemotron 3 UltraNVIDIAAdvancedOpen weights1M$0.50$2.20Text
Grok Build 0.1xAIEfficientClosed250K$1$2Text, Images
Gemini 3.8 FlashGoogleAdvancedClosed1M$0.75$3.75Text, Images, Video, Audio, PDF
Gemini 3.6 FlashGoogleAdvancedClosed1M$0.75$3.75Text, Images, Video, Audio, PDF
Grok 4.3xAIEfficientClosed1M$1.25$2.50Text, Images
Qwen3.8-27BAlibaba (Qwen)EfficientOpen weights256K$0.80$4Text, Images, Video
DeepSeek-V4-ProDeepSeekFrontierOpen weights1M$1.32$3.96Text

Ordered by blended list price. Tiers are our editorial grouping of provider positioning and public benchmark standings, not our own test results. How we rank.

How to choose

  • Pick the cheapest model that passes your quality bar on real tasks; the cheapest overall rarely does.
  • Route easy requests to a small model and hard ones to a larger model.
  • Turn on prompt caching for repeated system prompts and documents.
  • Use batch processing for anything that doesn't need an answer in seconds.

Frequently asked questions

What is the cheapest LLM API?

On blended list price, the top of this table is the cheapest as of the date shown. Small open-weight models served by inference providers and the lightest models from major labs usually lead. The cheapest model that handles your task reliably is often a different one, so test before you switch.

Why does output cost more than input?

Generating each output token takes a full pass through the model, one token at a time, while input tokens are processed in parallel. That makes output more expensive to serve, and providers price it accordingly, typically several times the input rate.

Other shortlists

Spending real money on tokens?

Share your workload and current bill. We'll point out routing, caching and model swaps that cut cost without hurting quality.

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