Is OpenAI a good LLM API provider?

OpenAI offers 89 models with an average blended price of $13.80/1M tokens. They rank #2 on the Sector HQ rankings.

OpenAI LLM API Pricing

Q: What is OpenAI's cheapest model?

OpenAI's cheapest model is Text Embedding Ada 002 V2 at $0.075 per million tokens (blended). Input tokens cost $0.100/1M and output tokens cost Free/1M.

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Models

$0.015

Cheapest/1M

$13.80

Avg Price/1M

Free Models

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What is OpenAI's cheapest model?

OpenAI's cheapest LLM is Text Embedding Ada 002 V2 at $0.075 per million tokens (blended). They offer 89 models total.

All OpenAI Models by Price

46 models

#	Model	Provider	Input	Output	Quality	Released↓
34	GPT 5 2	OpenAI	$1.75	$14.00	Frontier	Dec 11
35	GPT 5.2 Chat Latest	OpenAI	$1.75	$14.00	Frontier	Dec 11
37	GPT 5.2 Codex	OpenAI	$1.75	$14.00	Frontier	Dec 11
17	GPT 5 1	OpenAI	$1.25	$10.00	Frontier	Nov 13
18	GPT 5.1 Chat Latest	OpenAI	$1.25	$10.00	Frontier	Nov 13
22	GPT 5.1 Codex Max	OpenAI	$1.25	$10.00	Frontier	Nov 13
19	GPT 5 Search Api	OpenAI	$1.25	$10.00	Frontier	Oct 14
46	GPT 5 Pro	OpenAI	$15.00	$120.00	Frontier	Oct 6
20	GPT 5 Chat Latest	OpenAI	$1.25	$10.00	Frontier	Aug 7
21	GPT 5	OpenAI	$1.25	$10.00	Frontier	Aug 7
23	GPT 5 Chat	OpenAI	$1.25	$10.00	Frontier	Aug 7
24	O4 Mini Deep Research	OpenAI	$2.00	$8.00	Frontier	Jun 26
14	Codex Mini Latest	OpenAI	$1.50	$6.00	—	May 16
40	ft:o4-mini-2025-04-16	OpenAI	$4.00	$16.00	—	Apr 16
2	GPT 4.1 Nano	OpenAI	$0.100	$0.400	Strong	Apr 14
6	ft:gpt-4.1-nano-2025-04-14	OpenAI	$0.200	$0.800	—	Apr 14
8	GPT 4.1 Mini	OpenAI	$0.400	$1.60	Strong	Apr 14
12	ft:gpt-4.1-mini-2025-04-14	OpenAI	$0.800	$3.20	—	Apr 14
25	GPT 4 1	OpenAI	$2.00	$8.00	Frontier	Apr 14
38	ft:gpt-4.1-2025-04-14	OpenAI	$3.00	$12.00	—	Apr 14
30	Chatgpt Image Latest	OpenAI	$5.00	Free	—	Mar 25
4	GPT 4o Mini Search Preview	OpenAI	$0.150	$0.600	Strong	Mar 11
33	GPT 4o Search Preview	OpenAI	$2.50	$10.00	Frontier	Mar 11
3	GPT-4o Mini Audio Preview	OpenAI	$0.150	$0.600	Strong	Dec 17
10	GPT-4o Mini Realtime Preview	OpenAI	$0.600	$2.40	Strong	Dec 17
39	FT GPT 4o	OpenAI	$3.75	$15.00	—	Aug 6
5	GPT 4o Mini	OpenAI	$0.150	$0.600	Strong	Jul 18
7	ft:gpt-4o-mini-2024-07-18	OpenAI	$0.300	$1.20	—	Jul 18
31	GPT 4o Transcribe Diarize	OpenAI	$2.50	$10.00	Frontier	May 13
32	GPT 4o Transcribe	OpenAI	$2.50	$10.00	Frontier	May 13
42	GPT 4 Turbo Preview	OpenAI	$10.00	$30.00	Frontier	Nov 6
26	FT GPT 3.5 Turbo 0125	OpenAI	$3.00	$6.00	—	Aug 22
27	FT GPT 3.5 Turbo 0613	OpenAI	$3.00	$6.00	—	Aug 22
28	FT GPT 3.5 Turbo	OpenAI	$3.00	$6.00	—	Aug 22
29	FT GPT 3.5 Turbo 1106	OpenAI	$3.00	$6.00	—	Aug 22
45	FT GPT 4 0613	OpenAI	$30.00	$60.00	—	Jun 13
41	GPT 4 1106 Vision Preview	OpenAI	$10.00	$30.00	Frontier	Mar 14
43	GPT 4 Vision Preview	OpenAI	$10.00	$30.00	Strong	Mar 14
44	GPT 4 0314	OpenAI	$30.00	$60.00	Strong	Mar 14
1	Text Embedding Ada 002 V2	OpenAI	$0.100	Free	—	Dec 15
9	GPT 3.5 Turbo	OpenAI	$0.500	$1.50	Good	Nov 30
11	GPT 3.5 Turbo 1106	OpenAI	$1.00	$2.00	Good	Nov 30
13	GPT 3.5 Turbo 0301	OpenAI	$1.50	$2.00	Good	Nov 30
15	GPT 3.5 Turbo 16K 0613	OpenAI	$3.00	$4.00	Good	Nov 30
16	GPT 3.5 Turbo 16K	OpenAI	$3.00	$4.00	Good	Nov 30
36	gpt-5.3-codex	OpenAI	$1.75	$14.00	Frontier	Feb 24

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Frequently Asked Questions

OpenAI offers 89 models tracked on Sector HQ. The cheapest model starts at $0.015 per million tokens (blended rate).