LLM APIs compared: prices and price hikes
Pay-per-token APIs and model routers for large language models, from OpenAI, Anthropic and Google to DeepSeek, Groq and OpenRouter. Each is priced on the same 12M-token monthly workload on its top model, its cheapest capable model and the open gpt-oss-120b.
Prices at 12M tokens a month on its top model
- Gemini API: $40/mo · last hike Sep 2026
- Anthropic API: $200/mo
- OpenAI API: $200/mo · last hike May 2026
- OpenRouter: $211/mo
Monthly USD cost of one reference workload: 10,000 requests a month, totaling 10M input and 2M output tokens, at standard pay-as-you-go rates with no caching or batch discounts. Top model is the product's highest-ranked model on the LMArena Text leaderboard. Cheapest model is its lowest-cost model with tool calling and a 128K context. gpt-oss-120b compares hosts on the same open model.