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Cheapest LLM API.

Prices checked

Llama 3.2 1B Instruct at Inference leads 345 models at $0.01 per M tokens, checked .

Top 10

all 392 models
  1. 1

    Llama 3.2 1B Instruct

    Runs it themselves

    Inference · 60k context · $0.01 in / $0.01 out

    $0.01/M tokens
  2. 2

    gpt-oss-20b

    Resells

    TrustedRouter · 131k context · $0.01 in / $0.05 out

    $0.02/M tokens
    View
  3. 3

    Llama 3.2 3B Instruct

    Runs it themselves

    Inference · 131k context · $0.02 in / $0.02 out

    $0.02/M tokens
  4. 4

    Llama 3.1 8B Instruct

    Runs it themselves

    Helicone · 131k context · $0.02 in / $0.03 out

    $0.02/M tokens
  5. 5

    Mistral Nemo

    Lower precision (fp8)

    Eden AI · 131k context · $0.02 in / $0.03 out

    $0.02/M tokens
    View
  6. 6

    Ling 3.0 Flash

    OpenRouter · 262k context · $0.02 in / $0.06 out

    $0.03/M tokens
    View
  7. 7

    Qwen3.7 Flash

    Regional price

    Eden AI · 1M context · $0.02 in / $0.08 out

    $0.04/M tokens
    View
  8. 8

    Ministral 3 3B

    Runs it themselves

    Azure Cognitive Services · 131k context · $0.04 in / $0.04 out

    $0.04/M tokens
  9. 9

    Nemotron 3.5 Lightning

    Resells

    NanoGPT · 262k context · $0.05 in / $0.01 out

    $0.04/M tokens
    View
  10. 10

    Granite 4.0 H Micro

    Cloudflare Workers AI · 131k context · $0.02 in / $0.11 out

    $0.04/M tokens
    View
How we count

Every text model sold by 3 or more providers, holding 32k tokens of context or more, at the cheapest price we can account for. 3 providers is the floor that keeps this list from filling up with models almost nobody sells. 345 models qualify, starting at $0.01 against a typical $1. Prices are per million tokens, blended 3 in : 1 out, at each provider's standard rate.

A price below the maker's is listed only when the provider says why.

Runs it themselves
The provider runs the open weights on hardware of its own, so the price is its own rather than a resale.
Resells
The provider sells another company's endpoint, at a margin of its own or at the maker's price.
Lower precision
The open weights, served at a lower precision than the maker's, so not quite the same product.
Regional price
A price list for one region, lower than the international one. A region, not a deal.

Frequently asked

What is the cheapest of the text model APIs right now?
Llama 3.2 1B Instruct at Inference, $0.01 in and $0.01 out per million tokens, read on 31 Oct 2026.
Which lab shows up most in this ranking?
Meta trained 3 of the top 10 models here.
How is this ranked, and how current is it?
Every row is the cheapest price for that model with an account behind it: the maker's own, a price below it with a published reason, or a price at or above it. A price below the maker's own with nothing to explain it is listed on the model's page and not ranked. Prices are read every 3 days from 237 providers' public catalogs, per million tokens and blended 3 in : 1 out. Last refresh: 31 Oct 2026.

Related rankings

Cheapest models with 128k contextCheapest open-weight modelsBiggest savings on the maker's own priceBrowse all 392 models