modelgrep

Cheapest DeepSeek Models

Match · Updated July 2026

The cheapest DeepSeek model is DeepSeek V4 Flash at $0.140 per million input tokens. DeepSeek V3.1 ($0.250) and DeepSeek V3 ($0.257) round out the top three.

$0.140Input /M
40.3Intelligence
1.0MContext

AI models ranked by input token price. The cheapest LLM APIs and most affordable AI models, from budget open-weight models to discounted frontier models.

  1. 1deepseek logo
    deepseek-v4-flash
    ReasoningToolsJSON40.3 intel · 1.0M ctx
    $0.140
    Input /M
  2. 2deepseek logo
    deepseek-chat-v3.1
    ReasoningToolsJSON164K ctx
    $0.250
    Input /M
  3. 3deepseek logo
    deepseek-chat
    ToolsJSON164K ctx
    $0.257
    Input /M
  4. 4deepseek logo
    deepseek-v3.2
    ReasoningToolsJSON24.7 intel · 164K ctx
    $0.269
    Input /M
  5. 5deepseek logo
    deepseek-v3.2-exp
    ReasoningToolsJSON164K ctx
    $0.270
    Input /M
  6. 6deepseek logo
    deepseek-v3.1-terminus
    ReasoningToolsJSON21.4 intel · 164K ctx
    $0.270
    Input /M
  7. 7deepseek logo
    deepseek-chat-v3-0324
    ToolsJSON164K ctx
    $0.270
    Input /M
  8. 8deepseek logo
    deepseek-v4-pro
    ReasoningToolsJSON44.3 intel · 1.0M ctx
    $0.435
    Input /M
  9. 9deepseek logo
    deepseek-r1-0528
    ReasoningToolsJSON164K ctx
    $0.500
    Input /M
  10. 10deepseek logo
    deepseek-r1
    ReasoningToolsJSON20.1 intel · 164K ctx
    $0.700
    Input /M
  11. 11deepseek logo
    deepseek-r1-distill-llama-70b
    Reasoning9.9 intel · 8K ctx
    $0.800
    Input /M

Frequently asked

What is the cheapest DeepSeek model?

The cheapest DeepSeek model is DeepSeek V4 Flash at $0.140 per million input tokens. DeepSeek V3.1 ($0.250) and DeepSeek V3 ($0.257) round out the top three.

What's a good alternative to DeepSeek V4 Flash?

DeepSeek V3.1 ($0.250) is the closest alternative on this metric, followed by DeepSeek V3 ($0.257). See the full ranking above for the tradeoffs.

How many DeepSeek models are there?

modelgrep tracks 11 DeepSeek models with live benchmarks, speed, latency and per-provider pricing, led on intelligence by DeepSeek V4 Pro. 11 of them qualify for this ranking.

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