Select the model you want to use, enter the expected word count, and get an estimated pricing of OpenAI API.
Easily estimate the costs of using OpenAI’s APIs with our Pricing Calculator. Get a clear understanding of the pricing structure and plan your budget effectively.
Total Cost
Tokens Used
Pricing Estimates for GPT-4 (8K), GPT-4 (32k), and GPT-3.5 Models (Per, 1000 Words)
Number of Words | GPT-4 8K | GPT-4 32K | GPT-3.5 |
---|---|---|---|
1000 | $0.045 | $0.09 | $0.00175 |
2000 | $0.09 | $0.18 | $0.0035 |
5000 | $0.225 | $0.45 | $0.00875 |
10000 | $0.45 | $0.9 | $0.0175 |
20000 | $0.9 | $1.8 | $0.035 |
30000 | $1.35 | $2.7 | $0.0525 |
40000 | $1.8 | $3.6 | $0.07 |
50000 | $2.25 | $4.5 | $0.0875 |
60000 | $2.7 | $5.4 | $0.105 |
OpenAI's pricing is based on the total tokens processed, counting both inputs to and outputs from the API. Each token processed contributes to your total bill.
While OpenAI provides a playground for experimentation, in-depth utilization of its API comes with a cost and is not available for free.
The conversion of tokens to words varies due to token length diversity. Generally, 1K tokens average around 500-600 English words.
Daily OpenAI cost is dependent on usage. It's calculated based on the total tokens processed via the API within that day.
To request OpenAI API, visit the OpenAI website. Navigate to the API section and follow the outlined signup process and instructions.
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