modelgrep

Cheapest OpenAI Models

Match · Updated July 2026

The cheapest OpenAI model is GPT-5 Nano (batch) at $0.025 per million input tokens. gpt-oss-20b ($0.030) and gpt-oss-120b ($0.037) round out the top three.

$0.025Input /M
19.9Intelligence
400KContext

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. 1openai logo
    gpt-5-nano:batch
    ReasoningToolsJSON+119.9 intel · 400K ctx
    $0.025
    Input /M
  2. 2openai logo
    gpt-oss-20b
    ReasoningToolsJSON14.9 intel · 131K ctx
    $0.030
    Input /M
  3. 3openai logo
    gpt-oss-120b
    ReasoningToolsJSON23.8 intel · 131K ctx
    $0.037
    Input /M
  4. 4openai logo
    gpt-5-nano
    ReasoningToolsJSON+119.9 intel · 400K ctx
    $0.050
    Input /M
  5. 5openai logo
    gpt-oss-safeguard-20b
    ReasoningToolsJSON131K ctx
    $0.075
    Input /M
  6. 6openai logo
    gpt-5.6-luna-pro
    ReasoningToolsJSON+11.1M ctx
    $0.100
    Input /M
  7. 7openai logo
    gpt-5.6-luna
    ReasoningToolsJSON+151.2 intel · 1.1M ctx
    $0.100
    Input /M
  8. 8openai logo
    gpt-5.4-nano:batch
    ReasoningToolsJSON+138.2 intel · 400K ctx
    $0.100
    Input /M
  9. 9openai logo
    gpt-4.1-nano
    ToolsJSONVision9.6 intel · 1.0M ctx
    $0.100
    Input /M
  10. 10openai logo
    gpt-5-mini:batch
    ReasoningToolsJSON+125.3 intel · 400K ctx
    $0.125
    Input /M
  11. 11openai logo
    gpt-4o-mini
    ToolsJSONVision6.9 intel · 128K ctx
    $0.150
    Input /M
  12. 12openai logo
    gpt-4o-mini-2024-07-18
    ToolsJSONVision6.9 intel · 128K ctx
    $0.150
    Input /M
  13. 13openai logo
    gpt-5.4-nano
    ReasoningToolsJSON+138.2 intel · 400K ctx
    $0.200
    Input /M
  14. 14openai logo
    gpt-5.1-codex-mini
    ReasoningToolsJSON+130.6 intel · 400K ctx
    $0.250
    Input /M
  15. 15openai logo
    gpt-5-mini
    ReasoningToolsJSON+125.3 intel · 400K ctx
    $0.250
    Input /M
  16. 16openai logo
    gpt-5.4-mini:batch
    ReasoningToolsJSON+140.0 intel · 400K ctx
    $0.375
    Input /M
  17. 17openai logo
    gpt-4.1-mini
    ToolsJSONVision14.8 intel · 1.0M ctx
    $0.400
    Input /M
  18. 18openai logo
    gpt-3.5-turbo
    ToolsJSON3.6 intel · 16K ctx
    $0.500
    Input /M
  19. 19openai logo
    gpt-audio-mini
    ToolsJSONAudio128K ctx
    $0.600
    Input /M
  20. 20openai logo
    gpt-5.1:batch
    ReasoningToolsJSON+136.9 intel · 400K ctx
    $0.625
    Input /M
  21. 21openai logo
    gpt-5:batch
    ReasoningToolsJSON+134.7 intel · 400K ctx
    $0.625
    Input /M
  22. 22openai logo
    gpt-5.4-mini
    ReasoningToolsJSON+140.0 intel · 400K ctx
    $0.750
    Input /M
  23. 23openai logo
    gpt-5.2:batch
    ReasoningToolsJSON+142.2 intel · 400K ctx
    $0.875
    Input /M
  24. 24openai logo
    gpt-5.6-terra-pro
    ReasoningToolsJSON+11.1M ctx
    $1.00
    Input /M
  25. 25openai logo
    gpt-5.6-terra
    ReasoningToolsJSON+155.0 intel · 1.1M ctx
    $1.00
    Input /M

Frequently asked

What is the cheapest OpenAI model?

The cheapest OpenAI model is GPT-5 Nano (batch) at $0.025 per million input tokens. gpt-oss-20b ($0.030) and gpt-oss-120b ($0.037) round out the top three.

What's a good alternative to GPT-5 Nano (batch)?

gpt-oss-20b ($0.030) is the closest alternative on this metric, followed by gpt-oss-120b ($0.037). See the full ranking above for the tradeoffs.

How many OpenAI models are there?

modelgrep tracks 70 OpenAI models with live benchmarks, speed, latency and per-provider pricing, led on intelligence by GPT-5.6 Sol. 25 of them qualify for this ranking.

More OpenAI rankings

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