LLM prices per 1M tokens

264 models · 161 price changes

GPT-5 Nano

OpenAI · Reasoning · 400K context · released Aug 7, 2025 · checked 12h ago

GPT-5-Nano is the smallest and fastest variant in the GPT-5 system, optimized for developer tools, rapid interactions, and ultra-low latency environments.

Ways to buy 4

Way to buyIn / out per 1M
OpenAI
flex, cheapest · cached $0.0025
$0.025 / $0.2-50% vs list
OpenAI API
The lab's own API · cached $0.005
$0.05 / $0.4List price
Azure AI Foundry
Default region · cached $0.01
$0.05 / $0.4Same as list
Azure AI Foundry
swedencentral · cached $0.011
$0.055 / $0.44+10% vs list

USD per 1M tokens; batch $0.025 in, $0.2 out on the lab's API. Regions are separate routes.

Through a gateway

Your own numbers

100M input and 20M output tokens a month: $13.00 direct.

No published token fee: Martian Gateway, Portkey, TrueFoundry AI Gateway.

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About GPT-5 Nano

Takes text, image, files in and returns text. First listed Aug 12, 2025. Up to 128K output tokens. Blended price $0.138 per 1M tokens at 3 input to 1 output. Model id gpt-5-nano.

Price history

$0.1$0.32026Aug 12, 2025Output $0.4Input $0.05

List price since Aug 12, 2025, from Internet Archive snapshots of the OpenRouter catalog, then daily reads.

  • Price cutJul 17, 20263 months ago-50%
    GPT-5 Nano

    OpenAI cut its API price: cached input $0.01 to $0.005 per 1M tokens.

  • Price riseApr 23, 20266 months ago+100%
    GPT-5 Nano

    OpenAI raised its API price: cached input $0.005 to $0.01 per 1M tokens.

Questions

How much does GPT-5 Nano cost?

$0.05 per million input tokens and $0.4 per million output tokens, with cached input at $0.005, or $0.025 and $0.2 through the Batch API.

What is the context window of GPT-5 Nano?

400K tokens, with up to 128K tokens of output.

Where is GPT-5 Nano cheapest?

Of 4 routes tracked, OpenAI is cheapest at $0.025 input and $0.2 output per million tokens.