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AI Cost Estimator

Estimate daily, monthly, and yearly API cost for GPT-4o, Claude, Gemini, and more based on your traffic and token usage.

Updated June 2026
Monthly requests
30,000
ModelIn $/MOut $/MDailyMonthlyYearly
GPT-4o$2.500$10.000$5.00$150.00$1825
Claude Sonnet 4$3.000$15.000$6.90$207.00$2519
Claude Haiku 4$0.800$4.000$1.84$55.20$672
Gemini 1.5 Pro$1.250$5.000$2.50$75.00$913
Gemini 1.5 Flash$0.075$0.300$0.15$4.50$55

Prices are list rates per million tokens. Volume discounts, batch pricing, and cache hits can lower real spend by 20-50%.

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What it does

Project your monthly LLM API bill before it arrives. Inputs: requests per day, average input tokens, average output tokens, and model choice (GPT-4o, GPT-4o-mini, Claude Sonnet 4, Claude Opus 4, Gemini 2.5 Pro, Gemini Flash, DeepSeek V3, Llama 3.3 via providers). Tool calculates monthly cost using current per-million-token pricing and flags hidden cost levers like output-token weight (output is 3-5x more expensive than input across all major vendors).

Real-world cost surprises are common: a chatbot with 10,000 queries/day at 2,000 input tokens + 500 output tokens runs ~$1,800/month on GPT-4o, ~$300/month on GPT-4o-mini, ~$45/month on DeepSeek V3, or ~$0/month on a self-hosted Llama 3.3 70B (after the GPU cost). Choosing the right model for the task is the single biggest cost lever — using GPT-4o for tasks that DeepSeek or Haiku could handle is the most common startup-stage cost mistake.

Cost-reduction strategies in priority order: (1) Use a smaller model where it works (test, don’t guess; benchmark on your actual workload). (2) Enable prompt caching (OpenAI, Anthropic both support; 50-90% off cached tokens; works best for long static system prompts). (3) Batch API (50% discount on async jobs; 24-hour turnaround; works for offline analysis). (4) Reduce output verbosity (max_tokens cap, system-prompt instruction for terse responses). (5) RAG-cache common queries (skip the LLM entirely for repeat questions). Combined, these can drop bills 70-90% without hurting quality.

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How to use it

  1. Set requests per day (e.g., 1000 for a moderately-busy chatbot, 50,000 for a high-traffic feature).
  2. Set average input tokens — count both system prompt + user message + any RAG context (typical: 500-3000).
  3. Set average output tokens (typical: 100-800; longer for code generation, shorter for classification).
  4. Pick the target model. Tool shows both input/output cost lines and the monthly total.
  5. Compare across models — toggle between GPT-4o, Sonnet, mini variants to find the cheapest model that meets your quality bar.
  6. Factor in growth — if usage grows 30%/month, your bill 12 months out will be ~25x current; budget accordingly.

When to use this tool

  • Pre-launch budget planning for an LLM-powered feature — knowing the cost ceiling helps decide pricing/free-tier limits.
  • Architecture decisions — comparing API vs self-hosted (Llama 3.3, Mistral, DeepSeek) economics at your traffic level.
  • Monthly cost reviews — projecting next-month bill from current daily traffic before getting surprised by the invoice.
  • Vendor comparison shopping — running the same workload through OpenAI / Anthropic / Google / DeepSeek pricing.

When not to use it

  • Hyper-bursty workloads where average requests/day misses peaks that consume monthly token quota.
  • When you have negotiated enterprise pricing — public-rate-card calculators don't reflect your contract.
  • Self-hosted deployments — different cost structure (GPU + electricity + ops), not API per-token.
  • Image/video model pricing — those bill per-image or per-second, not per-token; use a different calculator.

Common use cases

  • Pre-decision sanity-check on inputs and outputs
  • Educational use &mdash; demonstrating the underlying concept
  • Onboarding a colleague who needs the same calculation/conversion
  • Verifying a number or output before passing it on

Frequently asked questions

Why are output tokens more expensive than input?
Running the model to generate each token is computationally much heavier than processing input. Output typically costs 3-5x more per million tokens than input across all vendors. Keep outputs tight by requesting concise responses and specifying max_tokens in the API.
How can I reduce AI costs?
1) Use a smaller model for simple tasks (GPT-4o mini, Claude Haiku). 2) Cache common prompts via prompt caching (OpenAI, Anthropic offer this). 3) Batch API requests at 50% discount (all major vendors). 4) Use concise system prompts. 5) Set max_tokens caps.
What's prompt caching?
OpenAI and Anthropic cache large static system prompts (e.g., long instructions or knowledge bases) and charge 50-90% less when you reuse them. Massive savings on apps with repeated context. Your first call to a cacheable prompt is full price; subsequent calls within the cache window (minutes) are cheap.
Should I worry about rate limits?
Yes, at scale. OpenAI: tier-based (1M tokens/minute after spending $100+). Anthropic: similar tiers. Hitting limits causes app outages if you don't handle retry-with-backoff. Monitor token throughput and plan for 2x peak capacity.
How does prompt caching change the math?
Dramatically. OpenAI caches static prompt prefixes for 5-60 minutes after first use; cached tokens cost 50% of full price. Anthropic Claude offers 90% discount on cached prompts (best in class) with 5-minute TTL. For applications with consistent system prompts (chatbots with persistent personality, RAG systems with static instructions), caching can cut input-token costs by 70-85%. Implementation: structure prompts so static content (instructions, tools, knowledge) comes first; user input last. Result: cache hits on every conversation turn after the first.
Self-hosted vs API — when does it make sense?
Self-hosted starts paying off around 50-100M tokens/day of consistent traffic. Below that, API pricing wins (no GPU rental, no ops overhead). Specifics: Llama 3.3 70B on AWS p4d.24xlarge ($32/hour) processes ~2M tokens/hour at full utilization = ~$16/M tokens, vs DeepSeek V3 API at ~$0.30/M tokens. API is 50x cheaper at low-medium traffic. At 1B+ tokens/month consistent, self-hosted with reserved instances and good utilization can hit $2-5/M tokens — competitive with frontier model APIs. Always factor in ops cost (engineer time to maintain, debug, scale).

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