GPT-3.5 Turbo API Pricing
OpenAI · released 2022-11-30
Pricing
0.050¢ / 1K
0.150¢ / 1K
0.075¢ / 1K
What it actually costs
| Workload | Tokens | Cost |
|---|---|---|
| Short chat reply | 500 in / 300 out | 0.07¢ |
| RAG query | 4,000 in / 500 out | 0.275¢ |
| Long document summary | 50,000 in / 1,000 out | $0.0265 |
| Code review of a 2k-line file | 30,000 in / 2,000 out | $0.0180 |
| 1,000 chat replies/day for 30 days | 30,000 × (500 in / 300 out) | $21.00 |
Cost = (input tokens ÷ 1,000,000 × $0.50) + (output tokens ÷ 1,000,000 × $1.50).
Benchmarks
#470 of 533
#172 of 197
Similar intelligence, lower price
| Model | Intelligence | Blended $/1M |
|---|---|---|
| Llama 3.1 Instruct 8B | 6.9 | $0.028 |
| Sarvam 30B (high) | 6.6 | $0.047 |
| Nova Micro | 5.9 | $0.061 |
| Granite 4.1 8B | 6.6 | $0.063 |
| NVIDIA Nemotron Nano 9B V2 (Reasoning) | 7.4 | $0.07 |
Leaderboard neighbours
| Model | Intelligence | Blended $/1M |
|---|---|---|
| Claude 2.0 | 5.5 | — |
| DeepSeek R1 Distill Qwen 1.5B | 5.5 | — |
| DeepSeek-V2-Chat | 5.5 | — |
| GPT-3.5 Turbo | 5.5 | $0.75 |
| Ling-mini-2.0 | 5.5 | — |
| Llama 3 Instruct 70B | 5.5 | $1.175 |
| Ministral 3 8B | 5.5 | $0.15 |
More from OpenAI
| Model | Intelligence | Blended $/1M |
|---|---|---|
| GPT-6 Astra (max) | 52.7 | $20.00 |
| GPT-5.6 Sol (max) | 47.0 | $8.00 |
| GPT-5.6 Terra (max) | 42.1 | $4.50 |
| GPT-5.4 (xhigh) | 39.0 | $5.625 |
| GPT-5.5 (xhigh) | 38.4 | $11.25 |
| GPT-5.6 Luna (max) | 37.3 | $0.45 |
| GPT-5.3 Codex (xhigh) | 32.5 | $4.813 |
| GPT-5.2 (xhigh) | 30.4 | $4.813 |
Count tokens & estimate cost for GPT-3.5 Turbo See GPT-3.5 Turbo on the leaderboard
Source: Artificial Analysis · last synced 2026-09-22
FAQ
Who develops GPT-3.5 Turbo?
GPT-3.5 Turbo is developed by OpenAI, released 2022-11-30.
How much does GPT-3.5 Turbo cost per million tokens?
GPT-3.5 Turbo costs $0.50 per 1M input tokens and $1.50 per 1M output tokens ($0.75 blended), per Artificial Analysis's official pricing data.
How does GPT-3.5 Turbo rank on benchmarks?
GPT-3.5 Turbo scores 5.5 on the Artificial Analysis Intelligence Index, ranking #470 of 533 models we track.
Is there a cheaper model with similar intelligence to GPT-3.5 Turbo?
Yes — Llama 3.1 Instruct 8B scores similar intelligence (6.9) at $0.028/1M blended, versus $0.75/1M for GPT-3.5 Turbo.
Where does this data come from?
Pricing and benchmark data for GPT-3.5 Turbo comes from Artificial Analysis (artificialanalysis.ai), synced daily. Last synced 2026-09-22.