Which is cheaper, Kimi K2.5 or Qwen2.5 32B Instruct?

Qwen2.5 32B Instruct, at $1.72 per million tokens against $2.80 for Kimi K2.5, three parts input to one part output, read on 16 Sept 2026.

Where is each one cheapest?

Kimi K2.5: $2.80 at NanoGPT. Qwen2.5 32B Instruct: $1.72 at Alibaba Cloud (China).

Can I buy both from one provider?

Yes. One provider sells both: Alibaba Cloud (China). The cheapest of them for the two together is Alibaba Cloud (China).

Which holds more context?

Kimi K2.5, at 262k tokens against 131k.

Kimi K2.5 vs Qwen2.5 32B Instruct.

model vs model · prices as of 16 Sept 2026

Kimi K2.5 takes 3 of 5 rounds against Qwen2.5 32B Instruct. Qwen2.5 32B Instruct counters on price: $1.72 per million tokens against $2.80, for 131k context instead of 262k.

Moonshot AIwins 3 rounds

Kimi K2.5

$2.80/M tokens

cheapest we can explain, at NanoGPT · $0.294 per 1,000 pages

262k context · tool calling · reads images · open weights

NanoGPT ↗

Alibaba Cloud

Qwen2.5 32B Instruct

$1.72/M tokens

cheapest we can explain, at Alibaba Cloud (China) · $0.224 per 1,000 pages

131k context · tool calling · open weights

Alibaba Cloud (China) ↗

List price in (lower wins)

$0.60/M

$0.70/M

List price out (lower wins)

$3/M

$2.80/M

Cheapest we can explain (lower wins)

$2.80/M at NanoGPT

$1.72/M at Alibaba Cloud (China)

Standard price (lower wins)

$4.80/M

$4.90/M

Cost per 1,000 pages (lower wins)

$0.294

$0.224

Context

262k tokens

131k tokens

Open weights

yes

Tool calling

yes

Structured output

yes

not stated

Reads images

yes

Reasoning

yes

Released

27 Jan 2026

1 Sept 2024

Providers selling it

Price we measure against

the maker's own

Trains on your prompts (no is better)

not stated

Providers selling both · 1

Alibaba Cloud (China)$4.13 / $1.72

Kimi K2.5 then Qwen2.5 32B Instruct, per million tokens

Go further

open in the compare tool →every price for Kimi K2.5 every price for Qwen2.5 32B Instruct

Add a third or fourth model, or switch the weighting, in the tool.

What moved in the last seven days

Kimi K2.5Nous Portal$0.36 / $1.80 $0.45 / $2.2525% dearer · 16 Sept 2026
Kimi K2.5Requesty$0.60 / $3 $0.45 / $2.2525% cheaper · 16 Sept 2026
Kimi K2.5TrustedRouter$0.47 / $2.37 $0.47 / $2.321% cheaper · 16 Sept 2026

Frequently asked

Which is cheaper, Kimi K2.5 or Qwen2.5 32B Instruct?: Qwen2.5 32B Instruct, at $1.72 per million tokens against $2.80 for Kimi K2.5, three parts input to one part output, read on 16 Sept 2026.
Where is each one cheapest?: Kimi K2.5: $2.80 at NanoGPT. Qwen2.5 32B Instruct: $1.72 at Alibaba Cloud (China).
Can I buy both from one provider?: Yes. One provider sells both: Alibaba Cloud (China). The cheapest of them for the two together is Alibaba Cloud (China).
Which holds more context?: Kimi K2.5, at 262k tokens against 131k.

Prices exclude tax and are per million tokens, read 16 Sept 2026 from each provider's own catalog. The standard price blends three parts input to one part output; a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.