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OpenAI: GPT-5.4 Image 2 API Pricing

OpenAI: GPT-5.4 Image 2 costs $8.00 per 1M input tokens and $15.00 per 1M output tokens (cache reads: $2.00). Context window: 272K. Prices verified 2026-10-21 · source

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Alternatives to consider

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

Cheapest openai model — 100% 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.

Input / 1M tokens
$8.00
Output / 1M tokens
$15.00
Context window
272K
Max output
128K

Token economics

Token typePricevs base input
Standard input$8.00—
Cache read$2.00−75%
Output$15.00—
Web search tool$10/1k searches—

Prompt caching stores repeated context server-side: reads cost far less, but writes carry a one-time premium.

Reasoning behavior
Mode: Off by default (opt-in)
Effort levels:xhighhighmediumlownone

Higher effort = deeper thinking = more reasoning tokens billed as output.

What would OpenAI: GPT-5.4 Image 2 cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$124.00
Coding agent5,0008,000 / 2,000$470.00
RAG pipeline30,0004,000 / 500$1185.00
Doc summarizer2,00020,000 / 1,000$350.00

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

About OpenAI: GPT-5.4 Image 2

[GPT-5.4](https://openrouter.ai/openai/gpt-5.4) Image 2 combines OpenAI's GPT-5.4 model with state-of-the-art image generation capabilities from GPT Image 2. It enables rich multimodal workflows, allowing users to seamlessly move between reasoning, coding, and...

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Frequently asked questions

How much does OpenAI: GPT-5.4 Image 2 cost?

OpenAI: GPT-5.4 Image 2 costs $8.00 per 1M input tokens and $15.00 per 1M output tokens; cached input tokens cost $2.00 per 1M. Verified 2026-10-21 — provider source.

What is the context window?

272K tokens, with up to 128K output tokens per response. That's roughly 340 pages of text in a single request.

Does it support prompt caching?

Yes — cached input is $2.00/1M, about 75% cheaper than standard input. Agents and RAG workloads with repeated context benefit most.

What's a cheaper alternative?

ScaleDown: Summarize saves about 99% on a typical workload with comparable quality.

Official resources