OpenAI API Pricing

OpenAI offers a wide range of models from the ultra-efficient GPT-5 Nano to the flagship GPT-5.4, plus the o-series reasoning models (o3, o4). Below is the complete pricing for every OpenAI model available through the API. Rates sourced from the official OpenAI pricing page. Compare with Anthropic Claude and Google Gemini, or see all models in our LLM pricing comparison.

All OpenAI Models

Model Input $/1M tokens Output $/1M tokens Type Notes
gpt-4.1 $2.00 $8.00 Flat
gpt-4.1-mini $0.400 $1.60 Flat
gpt-4.1-nano $0.100 $0.400 Flat
gpt-4o $2.50 $10.00 Flat
gpt-4o-mini $0.150 $0.600 Flat
gpt-5 $1.25 $10.00 Flat
gpt-5-codex $1.25 $10.00 Flat
gpt-5-mini $0.250 $2.00 Flat
gpt-5-nano $0.050 $0.400 Flat
gpt-5-pro $15.00 $120.00 Flat
gpt-5.1 $1.25 $10.00 Flat
gpt-5.1-codex $1.25 $10.00 Flat
gpt-5.1-codex-max $1.25 $10.00 Flat
gpt-5.2 $1.75 $14.00 Flat
gpt-5.2-codex $1.75 $14.00 Flat
gpt-5.2-pro $21.00 $168.00 Flat
gpt-5.3-codex $1.75 $14.00 Flat
gpt-5.4 $2.50 / $5.00 $15.00 / $22.50 Breakpoint Threshold: 272K tokens
gpt-5.4-pro $30.00 / $60.00 $180.00 / $270.00 Breakpoint Threshold: 272K tokens
o1 $15.00 $60.00 Flat
o1-mini $1.10 $4.40 Flat
o1-pro $150.00 $600.00 Flat
o3 $2.00 $8.00 Flat
o3-deep-research $10.00 $40.00 Flat
o3-mini $1.10 $4.40 Flat
o3-pro $20.00 $80.00 Flat
o4-mini $1.10 $4.40 Flat
o4-mini-deep-research $2.00 $8.00 Flat

OpenAI Model Tiers

GPT-5.4 & GPT-5 Family

GPT-5.4 is OpenAI's latest flagship with breakpoint pricing at 272K tokens. The broader GPT-5 family includes GPT-5, GPT-5 Mini, GPT-5 Nano, and GPT-5 Pro, plus Codex variants optimized for code generation.

O-Series Reasoning Models

The o-series includes o3, o3-pro, o3-mini, o4-mini, and deep research variants. These models excel at complex reasoning tasks with pricing from $1.10/1M input (o3-mini, o4-mini) to $150/1M input (o1-pro).

GPT-4 Family

GPT-4o and GPT-4.1 series remain available. GPT-4.1 Nano offers excellent value at $0.10/1M input tokens, competitive with the cheapest models on the market.

OpenAI API Monthly Cost Estimates

How much will the OpenAI API cost you per month? Here are realistic estimates based on typical usage patterns. Use our LLM cost calculator for a precise estimate.

Light Use

$5-25/mo

  • Personal projects
  • <1K requests/day
  • GPT-5 Nano or Mini

Medium Use

$25-150/mo

  • Small team apps
  • 1-5K requests/day
  • GPT-5 or GPT-4.1

Heavy Use

$150-600/mo

  • Production apps
  • 5-20K requests/day
  • GPT-5 or o3 models

Enterprise

$600+/mo

  • Large-scale deployments
  • 20K+ requests/day
  • GPT-5.4 or o3-pro

Which OpenAI Model Should You Use?

OpenAI offers the widest range of models at different price points. Here's a quick guide to picking the right one for your use case.

Use CaseRecommended ModelEst. Monthly CostWhy This Model
High-volume classificationGPT-5 Nano$5-20Cheapest per token, fast inference
General chatbotGPT-5 Mini$15-80Good quality at budget pricing
Code generationGPT-5 Codex$30-150Optimized for code, same price as GPT-5
Complex reasoningo3$50-200Chain-of-thought reasoning for hard problems
Research & deep analysiso3-deep-research$200-800Specialized for in-depth research tasks
Budget reasoningo4-mini$20-100Reasoning capability at lower cost

5 Ways to Reduce Your OpenAI API Costs

1

Use the right model size

GPT-5 Nano costs 25x less than GPT-5 for input tokens. Use smaller models for simple tasks and only upgrade when quality matters.

2

Stay under the 272K breakpoint

GPT-5.4 uses breakpoint pricing — input costs double above 272K tokens. Keep prompts concise or use smaller models for long-context tasks.

3

Use batch API for non-urgent tasks

OpenAI's batch API offers 50% discounts for asynchronous requests. Ideal for data processing, content generation, and bulk analysis.

4

Limit output tokens

Output tokens cost 4-8x more than input across OpenAI models. Set max_tokens appropriately and use structured outputs to keep responses concise.

5

Monitor with the ModelPricing API

Track token consumption across all your OpenAI models programmatically. Identify which models and endpoints drive the most cost. Get started free.

How OpenAI Pricing Compares to Claude and Gemini

OpenAI offers the widest model range, from the cheapest option (GPT-5 Nano) to premium reasoning (o3-pro). Here's how it stacks up against Anthropic Claude and Google Gemini. See our full LLM pricing comparison for all models.

TierOpenAIAnthropicGoogle
BudgetGPT-5 Nano — $0.05/$0.40Haiku 3 — $0.25/$1.25Flash Lite — $0.075/$0.30
Mid-rangeGPT-5 — $1.25/$10Sonnet 4.5 — $3/$15Gemini 2.5 Pro — $1.25/$10
FlagshipGPT-5.4 — $2.50/$15Opus 4.6 — $5/$25Gemini 3.1 Pro — $2/$12

OpenAI Cost Calculator

To estimate your OpenAI API costs accurately, use our LLM Cost Calculator which supports all OpenAI models with real-time pricing.

Frequently Asked Questions

How much does GPT-5.4 cost?

GPT-5.4 uses breakpoint pricing at 272K tokens: $2.5/1M input and $15/1M output below the threshold, $5/1M input and $22.5/1M output above it.

What is the cheapest OpenAI model?

GPT-5 Nano is the most affordable at $0.05/1M input tokens and $0.4/1M output tokens, followed by GPT-4.1 Nano at $0.1/1M input tokens.

How much do OpenAI o-series reasoning models cost?

o3 costs $2/1M input and $8/1M output. o4-mini costs $1.1/1M input and $4.4/1M output. o3-pro costs $20/1M input and $80/1M output for maximum reasoning capability.

Is the OpenAI API free?

OpenAI does not offer a free tier for the API, but new accounts receive $5-18 in free credits (amount varies). After credits expire, usage is billed per token based on the model you use.

GPT-5 vs GPT-4o — which is more cost-effective?

GPT-5 ($1.25/1M input) is cheaper than GPT-4o ($2.50/1M input) and generally more capable. For most use cases, GPT-5 or GPT-5 Mini offers better value than the older GPT-4o series.

How does OpenAI batch API pricing work?

OpenAI offers a batch API with a 50% discount on token costs for asynchronous processing. You submit a batch of requests and receive results within 24 hours. This is ideal for bulk data processing, content generation, and any task that does not require real-time responses.

What are OpenAI API rate limits?

OpenAI rate limits vary by model and usage tier. New accounts start with lower limits that increase as you build usage history. Rate limits are measured in tokens per minute (TPM) and requests per minute (RPM). Higher-tier models like o3-pro have stricter rate limits.

How much does Codex cost?

OpenAI Codex models (GPT-5 Codex, GPT-5.1 Codex, etc.) are priced the same as their base GPT-5 counterparts — $1.25/1M input and $10/1M output tokens. The Codex variants are optimized for code generation without any price premium.

Estimate Your OpenAI API Costs

Get accurate, real-time cost estimates for any OpenAI model with our API. Or try the LLM cost calculator to compare across all providers.

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