Cheapest DeepSeek Models

Quick answer · Updated June 2026

The cheapest DeepSeek model is DeepSeek V4 Flash at $0.090 per million input tokens. DeepSeek V3 0324 ($0.200) and DeepSeek V3 ($0.200) round out the top three.

$0.090Input /M

46.0Intelligence

73 t/sSpeed

1.0MContext

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

1D
deepseek-v4-flash
ReasoningToolsJSON46.0 intel · 73 t/s · 537ms ttft
$0.090
Input /M
2D
deepseek-chat-v3-0324
ToolsJSON22.3 intel · 36 t/s · 846ms ttft
$0.200
Input /M
3D
deepseek-chat
ToolsJSON22 t/s · 560ms ttft · 131K ctx
$0.200
Input /M
4D
deepseek-chat-v3.1
ReasoningToolsJSON28.1 intel · 92 t/s · 330ms ttft
$0.210
Input /M
5D
deepseek-v3.2
ReasoningToolsJSON41.7 intel · 59 t/s · 534ms ttft
$0.229
Input /M
6D
deepseek-v3.2-exp
ReasoningToolsJSON32.1 intel · 19 t/s · 1.5s ttft
$0.270
Input /M
7D
deepseek-v3.1-terminus
ReasoningToolsJSON28.5 intel · 27 t/s · 881ms ttft
$0.270
Input /M
8D
deepseek-r1-distill-qwen-32b
ReasoningJSON23 t/s · 859ms ttft · 128K ctx
$0.290
Input /M
9D
deepseek-v4-pro
ReasoningToolsJSON39.3 intel · 58 t/s · 664ms ttft
$0.435
Input /M
10D
deepseek-r1-0528
ReasoningToolsJSON27.1 intel · 30 t/s · 695ms ttft
$0.500
Input /M
11D
deepseek-r1
ReasoningToolsJSON18.8 intel · 73 t/s · 1.4s ttft
$0.700
Input /M
12D
deepseek-r1-distill-llama-70b
Reasoning31 t/s · 761ms ttft · 128K ctx
$0.800
Input /M

Frequently asked

What is the cheapest DeepSeek model?

The cheapest DeepSeek model is DeepSeek V4 Flash at $0.090 per million input tokens. DeepSeek V3 0324 ($0.200) and DeepSeek V3 ($0.200) round out the top three.

What's a good alternative to DeepSeek V4 Flash?

DeepSeek V3 0324 ($0.200) is the closest alternative on this metric, followed by DeepSeek V3 ($0.200). See the full ranking above for the tradeoffs.

How many DeepSeek models are there?

modelgrep tracks 12 DeepSeek models with live benchmarks, speed, latency and per-provider pricing, led on intelligence by DeepSeek V4 Flash. 12 of them qualify for this ranking.

More DeepSeek rankings

DeepSeek: Smartest LLMs DeepSeek: Best LLMs for Coding DeepSeek: Best LLMs for Design & Frontend DeepSeek: Fastest LLMs DeepSeek: Lowest-Latency LLMs DeepSeek: Best Free LLMs DeepSeek: Best Reasoning LLMs DeepSeek: Best Vision LLMs DeepSeek: Best LLMs for Agents DeepSeek: Best Open-Source LLMs DeepSeek: Longest-Context LLMs

All rankings

Small & Fast LLMs Smartest LLMs Best LLMs for Coding Best LLMs for Design & Frontend Fastest LLMs Lowest-Latency LLMs Best Free LLMs Best Reasoning LLMs Best Vision LLMs Best LLMs for Agents Best Open-Source LLMs Longest-Context LLMs