LLMCost
openai

OpenAI: GPT-3.5 Turbo API Pricing

OpenAI: GPT-3.5 Turbo costs $0.500 per 1M input tokens and $1.50 per 1M output tokens. Context window: 16K. Prices verified 2026-10-21 · source

🔔 Price alerts coming soon

Alternatives to consider

💰 Save money
inclusionAI: Ling 3.0 Flash
$0.021 in / $0.063 out
Quality score: 20.1

96% cheaper with nearly identical quality (20.1 vs 5.5)

⬆️ Upgrade smart
Z.ai: GLM 5.3 (batch)
$0.450 in / $2.00 out
Quality score: 44.8

+39.3 quality points for 12% more

🏠 Same provider
OpenAI: gpt-oss-20b
$0.018 in / $0.090 out
Quality score: 10

Cheapest openai model — 95% less per month

Price history
2026-08-23 → 2026-10-21 · 59 daily snapshots
inputoutput

Rebuilt daily from our snapshot archive — the chart appears once a model has 5+ snapshots of history.

Pricing behavior
Stable — no price moves across our 59 daily snapshots (2026-08-23 → 2026-10-21).

From our own daily snapshot archive — independent of provider announcements.

Intelligence & capability
via Artificial Analysis
5.5
Intelligence index · top 98% of 288 scored
10.7
Coding index
$0.75
Blended $/1M (3:1 in:out)

Intelligence measures reasoning/knowledge/coding benchmarks. A high score with a low blended price = value pick; check the value chart to see where this model lands.

Input / 1M tokens
$0.500
Output / 1M tokens
$1.50
Context window
16K
Max output
4K
Knowledge cutoff
2021-09-30

Training data ends here — newer events require retrieval or web search.

What would OpenAI: GPT-3.5 Turbo cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$10.00
Coding agent5,0008,000 / 2,000$35.00
RAG pipeline30,0004,000 / 500$82.50
Doc summarizer2,00020,000 / 1,000$23.00

Estimates use list prices without prompt caching. Caching can cut input cost by up to 90% on repeated context.

About OpenAI: GPT-3.5 Turbo

GPT-3.5 Turbo is OpenAI's fastest model. It can understand and generate natural language or code, and is optimized for chat and traditional completion tasks. Training data up to Sep 2021.

Compare OpenAI: GPT-3.5 Turbo with

Popular head-to-heads — see all on the comparisons index.

Frequently asked questions

How much does OpenAI: GPT-3.5 Turbo cost?

OpenAI: GPT-3.5 Turbo costs $0.500 per 1M input tokens and $1.50 per 1M output tokens. Verified 2026-10-21 — provider source.

What is the context window?

16K tokens, with up to 4K output tokens per response. That's roughly 20 pages of text in a single request.

Does it support prompt caching?

Prompt-caching pricing is not published for this model via OpenRouter.

What's a cheaper alternative?

ScaleDown: Summarize saves about 96% on a typical workload with comparable quality.

Official resources