LLMCost
openai

OpenAI: GPT Chat Latest API Pricing

OpenAI: GPT Chat Latest costs $5.00 per 1M input tokens and $30.00 per 1M output tokens (cache reads: $0.500). Context window: 400K. Prices verified 2026-08-23 Β· source

Input / 1M tokens
$5.00
Output / 1M tokens
$30.00
Context window
400K
Max output
128K

What would OpenAI: GPT Chat Latest cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$160.00
Coding agent5,0008,000 / 2,000$500.00
RAG pipeline30,0004,000 / 500$1050.00
Doc summarizer2,00020,000 / 1,000$260.00

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

About OpenAI: GPT Chat Latest

GPT Chat Latest points to OpenAI's stable API alias `chat-latest` that always resolves to the latest Instant chat model used in ChatGPT. As OpenAI rolls out new Instant model updates...

Compare OpenAI: GPT Chat Latest with

Official resources