Free Tools / Money & Business
AI API Cost Calculator
AI API bills vary wildly from one provider to the next — the same million tokens can cost $0.14 or $15 depending on where you send them. If you build with AI at scale, those per-token differences compound into thousands of dollars a year. This free AI API cost calculator compares five major providers — OpenAI, Anthropic, Google, xAI, and DeepSeek — using per-1M-token prices current as of October 2026. Enter your monthly input and output token volumes to see side-by-side monthly and annual costs, automatically sorted with the cheapest provider highlighted, so you can route your workloads to the best value.
Prices are per 1M tokens, approximate, as of October 2026. Always verify on each provider’s official pricing page.
Cost comparison — cheapest first
| Provider | Input $/1M | Output $/1M | Monthly | Annual |
|---|
Frequently asked questions
Why do input and output prices differ?
Reading your prompt (input) is cheap; generating each new token (output) is computationally expensive, so providers charge more for output — often 3–5× the input rate. Apps that generate long responses therefore cost far more than ones that mostly analyze text.
Which provider is cheapest?
At October 2026 rates, DeepSeek is by far the cheapest per token, often 10–20× less than the big US labs. Whether it’s the best value depends on quality needs — run the comparison above with your real volumes, then test output quality before switching.
Are these prices current?
Rates shown are approximate as of October 2026. AI API prices change frequently — providers cut prices, launch new models, and adjust tiers. Always confirm the latest numbers on the official pricing pages before making budget decisions.
How do I cut my API costs?
Route simple tasks to cheaper models, shorten prompts, cache repeated responses, use batch APIs where available, and cap max output tokens. For many teams, a smart routing strategy cuts bills 50–80% with no quality loss.
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