GPT-4 Turbo API Pricing
OpenAI · released 2023-11-06
Pricing
1.00¢ / 1K
3.00¢ / 1K
1.50¢ / 1K
What it actually costs
| Workload | Tokens | Cost |
|---|---|---|
| Short chat reply | 500 in / 300 out | $0.0140 |
| RAG query | 4,000 in / 500 out | $0.0550 |
| Long document summary | 50,000 in / 1,000 out | $0.5300 |
| Code review of a 2k-line file | 30,000 in / 2,000 out | $0.3600 |
| 1,000 chat replies/day for 30 days | 30,000 × (500 in / 300 out) | $420.00 |
Cost = (input tokens ÷ 1,000,000 × $10.00) + (output tokens ÷ 1,000,000 × $30.00).
Benchmarks
#382 of 533
#139 of 197
Similar intelligence, lower price
| Model | Intelligence | Blended $/1M |
|---|---|---|
| Llama 3.1 Instruct 8B | 6.9 | $0.028 |
| Gemma 4 E4B (Reasoning) | 8.9 | $0.04 |
| Sarvam 30B (high) | 6.6 | $0.047 |
| Granite 4.2 3B | 9.1 | $0.052 |
| Nova Micro | 5.9 | $0.061 |
Leaderboard neighbours
| Model | Intelligence | Blended $/1M |
|---|---|---|
| Olmo 3.1 32B Think | 7.1 | — |
| Pixtral Large | 7.1 | — |
| Command A | 7.0 | $4.375 |
| GPT-4 Turbo | 7.0 | $15.00 |
| Nova Pro | 7.0 | $1.40 |
| Qwen3 VL 4B (Reasoning) | 7.0 | — |
| Solar Pro 2 (Non-reasoning) | 7.0 | — |
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-4 Turbo See GPT-4 Turbo on the leaderboard
Source: Artificial Analysis · last synced 2026-09-22
FAQ
Who develops GPT-4 Turbo?
GPT-4 Turbo is developed by OpenAI, released 2023-11-06.
How much does GPT-4 Turbo cost per million tokens?
GPT-4 Turbo costs $10.00 per 1M input tokens and $30.00 per 1M output tokens ($15.00 blended), per Artificial Analysis's official pricing data.
How does GPT-4 Turbo rank on benchmarks?
GPT-4 Turbo scores 7.0 on the Artificial Analysis Intelligence Index, ranking #382 of 533 models we track.
Is there a cheaper model with similar intelligence to GPT-4 Turbo?
Yes — Llama 3.1 Instruct 8B scores similar intelligence (6.9) at $0.028/1M blended, versus $15.00/1M for GPT-4 Turbo.
Where does this data come from?
Pricing and benchmark data for GPT-4 Turbo comes from Artificial Analysis (artificialanalysis.ai), synced daily. Last synced 2026-09-22.