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Glossary / LLM APIs and AI

Glossary · LLM APIs and AI · checked Oct 24, 2026

Coding agent (agent step)

Short answerA coding agent is an LLM in a loop that reads your repo, edits files and runs commands until a task is done. Each turn of that loop is one "agent step", and each step resends most of the context.

Why it matters

Agents are the most token-hungry LLM workload: tens of thousands of input tokens per step. Model choice and caching change the monthly bill by orders of magnitude.

Our number

1,000 coding-agent steps (40,000 tokens in, 2,000 out) cost $2.80 on the cheapest listed model and $100 on the median one, before caching.

Up next

Go deeperCheapest LLM for codingThe page on this site that does the most with this term.Read it next →

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