modelgrep

Cheapest Amazon Models

Quick answer · Updated June 2026

The cheapest Amazon model is Nova Micro 1.0 at $0.035 per million input tokens. Nova Lite 1.0 ($0.060) and Nova 2 Lite ($0.300) round out the top three.

$0.035Input /M
10.3Intelligence
97 t/sSpeed
128KContext

AI models ranked by input token price. The most affordable large language model APIs, from budget open-weight models to discounted frontier models.

  1. 1A
    nova-micro-v1
    Tools10.3 intel · 97 t/s · 322ms ttft
    $0.035
    Input /M
  2. 2A
    nova-lite-v1
    ToolsVision12.7 intel · 76 t/s · 482ms ttft
    $0.060
    Input /M
  3. 3A
    nova-2-lite-v1
    ReasoningToolsVision24.6 intel · 119 t/s · 544ms ttft
    $0.300
    Input /M
  4. 4A
    nova-pro-v1
    ToolsVision13.5 intel · 41 t/s · 965ms ttft
    $0.800
    Input /M
  5. 5A
    nova-premier-v1
    ToolsVision19.0 intel · 12 t/s · 13.2s ttft
    $2.50
    Input /M

Frequently asked

What is the cheapest Amazon model?

The cheapest Amazon model is Nova Micro 1.0 at $0.035 per million input tokens. Nova Lite 1.0 ($0.060) and Nova 2 Lite ($0.300) round out the top three.

What's a good alternative to Nova Micro 1.0?

Nova Lite 1.0 ($0.060) is the closest alternative on this metric, followed by Nova 2 Lite ($0.300). See the full ranking above for the tradeoffs.

How many Amazon models are there?

modelgrep tracks 5 Amazon models with live benchmarks, speed, latency and per-provider pricing, led on intelligence by Nova 2 Lite. 5 of them qualify for this ranking.

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