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Z.ai: GLM 4.5 API Pricing

Z.ai: GLM 4.5 costs $0.600 per 1M input tokens and $2.20 per 1M output tokens (cache reads: $0.110). Context window: 131K. Prices verified 2026-10-21 · source

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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.

Community adoption
119K
HF downloads
1K
Likes

High adoption means battle-tested weights, more fine-tunes/quants, and faster bug fixes. View on HuggingFace →

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
12.8
Intelligence index · top 68% of 288 scored
$1
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
$0.600
Output / 1M tokens
$2.20
Context window
131K
Max output
98K

Token economics

Token typePricevs base input
Standard input$0.600—
Cache read$0.110−82%
Output$2.20—

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)

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

Knowledge cutoff
2024-12-31

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

What would Z.ai: GLM 4.5 cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$13.60
Coding agent5,0008,000 / 2,000$46.00
RAG pipeline30,0004,000 / 500$105.00
Doc summarizer2,00020,000 / 1,000$28.40

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

About Z.ai: GLM 4.5

GLM-4.5 is our latest flagship foundation model, purpose-built for agent-based applications. It leverages a Mixture-of-Experts (MoE) architecture and supports a context length of up to 128k tokens. GLM-4.5 delivers significantly...

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Frequently asked questions

How much does Z.ai: GLM 4.5 cost?

Z.ai: GLM 4.5 costs $0.600 per 1M input tokens and $2.20 per 1M output tokens; cached input tokens cost $0.110 per 1M. Verified 2026-10-21 — provider source.

What is the context window?

131K tokens, with up to 98K output tokens per response. That's roughly 164 pages of text in a single request.

Does it support prompt caching?

Yes — cached input is $0.110/1M, about 82% cheaper than standard input. Agents and RAG workloads with repeated context benefit most.

What's a cheaper alternative?

ScaleDown: Summarize saves about 97% on a typical workload with comparable quality.

Official resources