Qwen3.5 27B (Reasoning) API Pricing

Alibaba · released 2026-02-24 · merges 2 reasoning-effort tiers

Benchmarks shown for the highest-scoring reasoning tier. Merged tiers: Qwen3.5 27B (Reasoning), Qwen3.5 27B (Non-reasoning).

Pricing

$0.30
input / 1M tokens
0.030¢ / 1K
$2.40
output / 1M tokens
0.240¢ / 1K
$0.825
blended / 1M tokens
0.082¢ / 1K

What it actually costs

WorkloadTokensCost
Short chat reply500 in / 300 out0.087¢
RAG query4,000 in / 500 out0.24¢
Long document summary50,000 in / 1,000 out$0.0174
Code review of a 2k-line file30,000 in / 2,000 out$0.0138
1,000 chat replies/day for 30 days30,000 × (500 in / 300 out)$26.10

Cost = (input tokens ÷ 1,000,000 × $0.30) + (output tokens ÷ 1,000,000 × $2.40).

Benchmarks

22.9
Intelligence
#100 of 533
Coding
Math
Tokens/sec
Time to first token

Similar intelligence, lower price

ModelIntelligenceBlended $/1M
Hy3-preview (Reasoning)22.7$0.10
Ling 3.0 Flash24.9$0.111
Ling-3.0-flash-VL24.6$0.111
MiMo-V2-Flash (Reasoning)20.8$0.15
MiMo-V2.525.2$0.175

Leaderboard neighbours

ModelIntelligenceBlended $/1M
Claude Sonnet 4.6 (Non-reasoning, Low Effort)23.3$6.00
GPT-5 (high)23.0$3.438
Nemotron 3 Ultra 550B A55B (Reasoning)22.9$1.05
Qwen3.5 27B (Reasoning)22.9$0.825
Claude 4.1 Opus (Reasoning)22.8$30.00
MiniMax-M2.522.8$0.525
MiniMax-M2.722.8$0.525

More from Alibaba

ModelIntelligenceBlended $/1M
Qwen3.8 Max (0902)45.4$3.00
Qwen3.8 Max40.2$3.00
Qwen3.8 2.4T A95B39.9$3.00
Qwen3.8-Flash-Next39.8$0.23
Qwen3.8 27B (xhigh)33.7$1.125
Qwen3.7 Max29.5$3.75
Qwen3.6 Max Preview28.4$2.925
Qwen3.6 Plus27.0$1.125

Count tokens & estimate cost for Qwen3.5 27B (Reasoning) See Qwen3.5 27B (Reasoning) on the leaderboard

Source: Artificial Analysis · last synced 2026-09-22

FAQ

Who develops Qwen3.5 27B (Reasoning)?

Qwen3.5 27B (Reasoning) is developed by Alibaba, released 2026-02-24.

How much does Qwen3.5 27B (Reasoning) cost per million tokens?

Qwen3.5 27B (Reasoning) costs $0.30 per 1M input tokens and $2.40 per 1M output tokens ($0.825 blended), per Artificial Analysis's official pricing data.

How does Qwen3.5 27B (Reasoning) rank on benchmarks?

Qwen3.5 27B (Reasoning) scores 22.9 on the Artificial Analysis Intelligence Index, ranking #100 of 533 models we track.

Is there a cheaper model with similar intelligence to Qwen3.5 27B (Reasoning)?

Yes — Hy3-preview (Reasoning) scores similar intelligence (22.7) at $0.10/1M blended, versus $0.825/1M for Qwen3.5 27B (Reasoning).

Where does this data come from?

Pricing and benchmark data for Qwen3.5 27B (Reasoning) comes from Artificial Analysis (artificialanalysis.ai), synced daily. Last synced 2026-09-22.