Cheapest models with tool calling.

prices as of · re-ranked daily · 265 qualifying models

Tool calling is what turns a model into something that can act: it answers with a function name and its arguments instead of prose. 265 models support it and are sold by 3 providers or more, from $0.08. Prices are per million tokens, three parts input to one part output, at each provider's standard rate.

Today's pick is Mistral Nemo at Nous Portal, $0.02 in and $0.03 out per million tokens, read on 16 Sept 2026.

Frequently asked

What is the cheapest of the models with tool calling right now?
Mistral Nemo at Nous Portal, $0.02 in and $0.03 out per million tokens, read on 16 Sept 2026.
Which lab shows up most in this ranking?
Mistral AI trained 2 of the top 10 models here.
How is this ranked, and how current is it?
Every row is the cheapest price for that model that we can account for: 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 shown on the model's page and ranked nowhere. Prices are read daily from 212 providers' public catalogs and blended three parts input to one part output per million tokens. Last refresh: 16 Sept 2026.
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