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OpenAI: o3 API Pricing

OpenAI: o3 costs $2.00 per 1M input tokens and $8.00 per 1M output tokens (cache reads: $0.500). Context window: 200K. Prices verified 2026-08-23 · source

Input / 1M tokens
$2.00
Output / 1M tokens
$8.00
Context window
200K
Max output
100K

What would OpenAI: o3 cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$48.00
Coding agent5,0008,000 / 2,000$160.00
RAG pipeline30,0004,000 / 500$360.00
Doc summarizer2,00020,000 / 1,000$96.00

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

About OpenAI: o3

o3 is a well-rounded and powerful model across domains. It sets a new standard for math, science, coding, and visual reasoning tasks. It also excels at technical writing and instruction-following....

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