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OpenAI API Pricing GPT-4o, GPT-4.1, o3 & More

OpenAI offers a broad lineup of models ranging from the ultra-affordable GPT-4.1 Nano to the powerful o3 reasoning model. Their API supports batch processing at 50% off standard rates, prompt caching for reduced input costs, and vision/tool-use across most models.

All OpenAI Models

12 models · Prices in USD per 1M tokens

Last verified: 2026-02-20
ModelTierInput $/1MOutput $/1M
GPT-4.1Flagship$2.00$8.00
GPT-4.1 MiniMid-tier$0.40$1.60
GPT-4.1 NanoBudget$0.10$0.40
GPT-4oFlagship$2.50$10.00
GPT-4o MiniBudget$0.15$0.60
o3Flagship$2.00$8.00
o3 MiniMid-tier$1.10$4.40
o4 MiniMid-tier$1.10$4.40
o1Flagship$15.00$60.00
GPT-5Flagship$1.25$10.00
GPT-5 MiniMid-tier$0.25$2.00
GPT-5 NanoBudget$0.05$0.40

About OpenAI's Model Lineup

OpenAI is the company behind the GPT series of large language models and the o-series reasoning models. Their API is one of the most widely adopted in the industry, powering applications from customer service chatbots to advanced code generation tools.

The GPT-4.1 family (GPT-4.1, 4.1 Mini, 4.1 Nano) launched in April 2025 and offers a 1M-token context window across all tiers, with Nano providing one of the cheapest flagship-quality options at just $0.10/$0.40 per million input/output tokens. GPT-4o remains a strong general-purpose option, while o3 and o4 Mini target complex reasoning tasks with extended thinking capabilities.

Batch processing is available across most models at 50% of standard rates, making it ideal for offline analysis, evaluations, and data processing pipelines. Prompt caching further reduces repeated input costs by up to 75%.

Disclosure: Pricing data on this page is sourced from OpenAI's official pricing page and was last verified on 2026-02-20. Prices are subject to change without notice. Some links on this site may be affiliate links. We may earn a commission at no additional cost to you. This does not influence our data or recommendations — all pricing is sourced directly from provider documentation.