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LLM prices / OpenAI / GPT-4o (2024-05-13)

OpenAI API · prices checked Oct 23, 2026

GPT-4o (2024-05-13) API pricing

Short answerGPT-4o (2024-05-13) costs $5 per 1M input tokens and $15 per 1M output tokens on the OpenAI API (standard price, checked Oct 23, 2026). A typical chatbot reply (1,500 tokens in, 400 out) costs $0.01, so 1,000 replies a day is about $405 a month and 1M replies is $13,500. OpenAI's own model page marks it no spec page, so it is left out of our picks.

$5per 1M input tokens
$15per 1M output tokens
$13.50per 1,000 chatbot replies
n/acontext window: no spec page found

Best for

  • Bulk jobs that can wait: the batch API bills input at 50% of the standard price.

Skip if

  • You are starting something new: OpenAI marks it no spec page. The cheapest current OpenAI model for a chatbot reply is GPT-6 Luna.
  • Cost is your constraint: 19 current models answer a chatbot reply for less; the cheapest is Claude Haiku 5.5 at $0.35 per 1,000.
  • Your prompts repeat a big prefix: no cache-read price is listed.

Rules: Best for = cheapest quarter of current models for a chatbot reply, top 3 on one of our 8 jobs, cache reads at 15% or less of input, batch at 60% or less, 1M+ context, non-text inputs. Skip if = not current on the provider's page, priciest quarter, text only, no cache or batch price, a long-prompt surcharge, preview, under 200K context, no tool calling. Price and spec facts only; we don't score answer quality.

What your volume costs

Pick a job and a monthly volume. Same prices as everything on this page; caching and batch applied where they make it cheaper.

1,000,000 chatbot replies a month: $13,500 (standard price).

Cost per task, 8 jobs

Per 1,000 requests and per month at a typical volume, billed the cheapest way the price list allows. The rank is among current models that fit the job.

Job (links to the cheapest model for it)Per 1,000A monthRank among fits
Chatbota 1,500-token prompt (system prompt plus the conversation so far) and a 400-token reply$13.50standard price$405at 30,000 a monthdoes not fit
RAG (answer from your docs)6,000 tokens of retrieved passages plus the question, and a 500-token answer$37.50standard price$1,125at 30,000 a monthdoes not fit
Coding agent40,000 tokens of repo context and history, 30,000 of them repeated from the last step and billed at the cache-read price, 2,000 tokens out, tool calling required$230standard price$690at 3,000 a monthdoes not fit
Tool-using agent12,000 tokens of instructions, tool definitions and history, 10,000 of them repeated from the last step and cached, 600 tokens out, tool calling required$69.00standard price$690at 10,000 a monthdoes not fit
Vision (read an image)one image counted as 1,000 input tokens plus a 300-token question, and a 300-token answer. Providers count image tokens differently, so treat vision costs as a rough guide$11.00standard price$110at 10,000 a monthdoes not fit
Translationa 1,000-token passage in and about 1,100 tokens out (translations run a little longer than the source)$21.50standard price$215at 10,000 a monthdoes not fit
Batch extraction2,000 tokens per record in and 300 tokens of JSON out, through the batch API where there is one (results within 24 hours)$7.25through the batch API$725at 100,000 a monthdoes not fit
Summarize long documentsa 20,000-token document in and an 800-token summary out$112standard price$112at 1,000 a monthdoes not fit

Cheaper and pricier alternatives

The current models just below and just above GPT-4o (2024-05-13) on the cost of 1,000 chatbot replies, with what differs. Price only, not quality.

Cheaper

  • GPT-5.4 $9.750.72x the cost of a chatbot reply, same provider, takes image too, has a cache price.
  • GPT-5.2 $8.220.61x the cost of a chatbot reply, same provider, takes image too, has a cache price.
  • GPT-5.6 Terra $7.800.58x the cost of a chatbot reply, same provider, takes image too, has a cache price.

Pricier

  • Claude Opus 5.5 $14.001.04x the cost of a chatbot reply, Anthropic, takes image too, has a cache price.
  • GPT-5.6 Sol $14.001.04x the cost of a chatbot reply, same provider, takes image too, has a cache price.
  • GPT-5.5 $19.501.44x the cost of a chatbot reply, same provider, takes image too, has a cache price.

Every price tier

Input$5 per 1M tokens
Output$15 per 1M tokens
Batch API$2.5 input / $7.5 output
Fast tier$8.75 input / $26.25 output
API model idgpt-4o-2024-05-13
Status on the pricing pagelisted

Provider notes: regional processing (data residency) adds 10% for models released on or after 2026-03-05; null means the page lists no price: cache_read

The 6 classic workloads

Per 1,000 requests at the standard price. "With caching" bills the repeated part of the prompt at the cache-read price (cache writes not counted); "via batch" uses the batch API price. Run your own token counts in the LLM API cost calculator.

WorkloadGPT-4o (2024-05-13)per 1,000 requests
Chatbot replya 1,500-token prompt (1,000 of it a fixed system prompt) and a 400-token answer$13.50
Answer from your docs (RAG)6,000 tokens of retrieved context plus the question, a 500-token answer$37.50
Summarize a long documenta 20,000-token document in, an 800-token summary out$112
Coding agent step40,000 tokens of repo context and history (30,000 of it repeated from the last step), 2,000 out$230
Batch extraction2,000 tokens per record in, 300 tokens of JSON out, sent through the batch API where there is one$14.50$7.25 via batch
Long-document Q&Aa 150,000-token contract or codebase in one prompt, a 1,000-token answer$765

What the numbers say

  • Output costs 3x input on GPT-4o (2024-05-13), so for answer-heavy jobs the output price drives the bill; for document-heavy jobs (RAG, summaries, agents) input does.
  • Among 41 listed OpenAI models it is the #26 cheapest for a chat reply.

Every listed OpenAI model, cheapest first

Same chatbot workload, 1,000 replies.

ModelInput / 1MOutput / 1M1,000 chat replies
GPT-5 nanodeprecated$0.05$0.4$0.23
GPT-4.1 nanoshut down$0.1$0.4$0.31
GPT-6 Luna$0.1$0.5$0.35
GPT-4o minideprecated$0.15$0.6$0.47
GPT-5.6 Luna$0.2$1.2$0.78
GPT-5.4 nanodeprecated$0.2$1.25$0.80
GPT-5 minideprecated$0.25$2$1.18
GPT-4.1 minideprecated$0.4$1.6$1.24
GPT-3.5 Turboshut down$0.5$1.5$1.35
GPT-3.5 Turbo (0125)no spec page$0.5$1.5$1.35
GPT-5.4 mini$0.75$4.5$2.93
o4-minishut down$1.1$4.4$3.41
o3-minishut down$1.1$4.4$3.41
GPT-5.1deprecated$1.25$10$5.88
GPT-5deprecated$1.25$10$5.88
GPT-5 Search APIno spec page$1.25$10$5.88
GPT-4.1deprecated$2$8$6.20
o3deprecated$2$8$6.20
GPT-6.1 Sol$2$10$7.00
GPT-6 Sol$2$10$7.00
GPT-4odeprecated$2.5$10$7.75
GPT-5.6 Terra$2$12$7.80
GPT-5.2$1.75$14$8.22
GPT-5.3 Codexdeprecated$1.75$14$8.22
GPT-5.4$2.5$15$9.75
GPT-4o (2024-05-13)no spec page$5$15$13.50
GPT-5.6 Sol$4$20$14.00
GPT-5.5$5$30$19.50
chat-latest$5$30$19.50
GPT-4 Turbo (2024-04-09)no spec page$10$30$27.00
GPT-6 Astra$10$50$35.00
o1shut down$15$60$46.50
GPT-5.6 Cyber$12.5$75$48.75
GPT-5.5 Cyberno spec page$12.5$75$48.75
o3-prodeprecated$20$80$62.00
GPT-4 (0613)no spec page$30$60$69.00
GPT-5 Prodeprecated$15$120$70.50
GPT-5.2 Pro$21$168$98.70
GPT-5.5 Pro$30$180$117
GPT-5.4 Pro$30$180$117
o1-proshut down$150$600$465

Closest price from other providers

The current model from each other provider whose chatbot-reply cost is nearest. Price only: we do not rank quality here.

ModelInput / 1MOutput / 1M1,000 chat repliesvs GPT-4o (2024-05-13)
Claude Opus 5.5Anthropic$4$20$14.001.04x
Gemini 3.1 Pro PreviewGoogle$2$12$7.800.58x
DeepSeek V4 ProDeepSeek$1.32$3.96$3.560.26x

Price history

  • Oct 23, 2026: GPT-4o (2024-05-13) added to the table: $5 input / $15 output per 1M tokens.
  • Checked against the provider page on 1 date: Oct 23, 2026.

Every change we record is on the LLM price changelog.

Sources

Prices change often. If one is out of date, email matt@tensorust.com and we will fix it.

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Up next

The cheapest model for a job: Every current model ranked for a chatbot reply. Today's cheapest is Claude Haiku 5.5 at $0.35 per 1,000.Cheapest LLM for a chatbotRead it next →

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