Lowest for this workload: Hy3, about $9.75 a month (75M tokens over 30 days).

ModelDeveloperInput / 1MCached / 1MOutput / 1MPer requestPer month
Hy3Tencent$0.080$0.0080$0.330$0.00032$9.75
MiMo V2.6 FlashXiaomi$0.140$0.0028$0.280$0.00042$12.6
Claude Haiku 5.5Anthropic$0.100$0.010$0.500$0.00045$13.5
GLM 5.3 Flash (v3)Zhipu$0.150$0.030$0.500$0.00055$16.5
GPT 5.6 LunaOpenAI$0.200$0.020$1.20$0.0010$30
DeepSeek V4.1 FlashDeepSeek$0.300$0.0060$1.20$0.0012$36
MiniMax M2.7MiniMax$0.300$0.060$1.20$0.0012$36
MiniMax M3MiniMax$0.300$0.060$1.20$0.0012$36
MiMo V2.6 ProXiaomi$0.435$0.0036$0.870$0.0013$39.1
DeepSeek V4 FlashDeepSeek$0.440$0.014$1.32$0.0015$46.2
Qwen3.7 PlusAlibaba$0.400$0.080$1.60$0.0016$48
Composer 2.5Cursor$0.500$0.200$2.50$0.0022$67.5
Step 3.5 FlashStepFun$0.700$0.140$2.10$0.0024$73.5
Hy4 PreviewTencent$0.834$0.042$2.50$0.0029$87.6
Gemini 3.7 FlashGoogle$0.750$0.075$3.75$0.0034$101
MiMo V2.5 ProXiaomi$1.00$0.200$3.00$0.0035$105
Kimi K2.7 Code (v1)Kimi$0.950$0.190$4.00$0.0039$117
DeepSeek V4 ProDeepSeek$1.32$0.044$3.96$0.0046$139
GLM 5.3 (v3)Zhipu$1.40$0.260$4.40$0.0050$150
Step 3.7 FlashStepFun$1.35$0.270$8.10$0.0067$203
Grok 4.5SpaceXAI$2.00$0.300$6.00$0.0070$210
Grok 4.6SpaceXAI$2.00$0.500$6.00$0.0070$210
Grok 4.7SpaceXAI$2.00$0.500$6.00$0.0070$210
Claude Sonnet 5Anthropic$2.00$0.200$10$0.0090$270
Claude Sonnet 5.5Anthropic$2.00$0.100$10$0.0090$270
GPT 5.6 TerraOpenAI$2.00$0.200$12$0.010$300
MiMo V2.6 Pro UltraSpeedXiaomi$4.35$0.036$8.70$0.013$392
Kimi K3 (v1)Kimi$3.00$0.300$15$0.013$405
Claude Opus 5.5Anthropic$4.00$0.200$20$0.018$540
GPT 5.6 SolOpenAI$4.00$0.400$20$0.018$540
Claude Opus 4.8Anthropic$5.00$0.500$25$0.022$675
Claude Opus 5Anthropic$5.00$0.500$25$0.022$675
Step 5 PreviewStepFun$7.00$0.350$20$0.024$720
GPT 5.5OpenAI$5.00$0.500$30$0.025$750
Claude Fable 5Anthropic$10$1.00$50$0.045$1,350

Estimates use standard list prices in USD and a 30-day month. Batch and off-peak discounts, cache-write fees, tool calls and taxes are left out. Where no cached price is listed, cached tokens are charged at the input price.

Data: real-api-pricing (MIT) · prices as of Oct 16, 2026

Data: real-api-pricingSources and licenses

How the estimate works

Cost per request = fresh input tokens × input price + cached input tokens × cached price + output tokens × output price, with every price per 1 million tokens. The cached share splits your input tokens between the two input prices.

Monthly cost = cost per request × requests per day × 30. Output tokens are usually the most expensive part, so long answers move the total more than long prompts.

Questions

How do I calculate LLM API cost?
Multiply input tokens by the input price and output tokens by the output price, each per 1 million tokens, then add them. Cached input is billed at a lower cached price on most APIs. Multiply by requests per month for a monthly total.
Which model has the cheapest API price?
Of the 35 models listed here, Hy3 has the lowest input price at $0.080 per 1M tokens and MiMo V2.6 Flash has the lowest output price at $0.280 per 1M tokens (prices as of Oct 16, 2026).
What does 1,000 requests a day cost?
At 2,000 input and 500 output tokens per request with no caching, the lowest monthly cost here is Hy3 at about $9.75.
Which model is the most expensive per token?
Claude Fable 5 has the highest combined list price here: $10 per 1M input tokens and $50 per 1M output tokens.
How much does prompt caching save?
Cached input usually costs a fraction of fresh input. Set the cached share to see the effect for your workload; some vendors also charge for writing to the cache, which this estimate leaves out.
What does this estimate leave out?
Batch and off-peak discounts, cache-write fees, tool and search calls, images and audio, and taxes. Check the vendor's pricing page before you budget.