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DeepSeek: R1 vs OpenAI: o3

On input price, DeepSeek: R1 is ~2.9× cheaper. Verified 2026-08-23.

MetricDeepSeek: R1OpenAI: o3
Input / 1M$0.700$2.00
Output / 1M$2.50$8.00
Cache read / 1M—$0.500
Context window64K200K
Max output16K100K

Monthly cost by workload

WorkloadDeepSeek: R1OpenAI: o3Cheaper
Chatbot$15.60$48.00DeepSeek: R1
Coding agent$53.00$160.00DeepSeek: R1
RAG pipeline$121.50$360.00DeepSeek: R1

Full details: DeepSeek: R1 pricing · OpenAI: o3 pricing