OpenAI · LLM API Modelactive

chat-latest

chat-latest costs $5.00 per 1M input tokens, $0.50 cached input and $30.00 per 1M output tokens.

Updated September 21, 2026
Input / 1M
$5.00
Output / 1M
$30.00
Cached Input
$0.50
Context Window
400K
Standard Input
$5.00 / 1M
Base prompt input rate
Standard Output
$30.00 / 1M
Completion output rate
Prompt Caching -50%
$0.50 / 1M
Cached prompt context
Batch API -50%
50% Off
Asynchronous 24h batch

Save up to 50% on OpenAI API token spend

Connect your OpenAI account — we'll optimize Batch API workflows and prompt caching efficiency.

Specialized models

All rates listed in USD per 1 Million (1M) tokens unless noted

Standard
Pricing Metric / Parameter
Standard RATE
(per 1M)
CategoryChatGPT
Input$5.00
Cached input$0.50
Output$30.00

Source: OpenAI official pricing page, verified 2026-09-21. Prices in USD per 1M tokens.

AI / LLM
LLM API Cost Comparison

Compare OpenAI model costs against Anthropic & Gemini

Use our free LLM Cost Calculator to benchmark chat-latest token rates, Batch API discounts, and monthly estimated spend side-by-side with leading AI models.

Open LLM Cost Calculator →