Cheapest AI models by API

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Data updated on November 14, 2026· 230 models

The 25 cheapest chat models by API, sorted by input price per million tokens (output price breaks ties). Only models released in the last 12 months. Data as of 11/14/2026.

#ModelProviderInput $/1MOutput $/1MContextCapabilitiesReleased
1Lyria 3 Pro PreviewGoogle$0.000$0.0001 M03/25/2026
2Lyria 3 Clip PreviewGoogle$0.000$0.0001 M03/25/2026
3Qwen3.7 FlashQwen$0.030$0.1301 M07/15/2026
4DeepSeek V4.1 Flash 1017DeepSeek$0.038$0.5001 M10/17/2026
5DeepSeek V4 Flash 0731DeepSeek$0.043$0.3001 M07/31/2026
6DeepSeek V4.1 FlashDeepSeek$0.051$0.2031 M09/10/2026
7Qwen3.5-FlashQwen$0.065$0.2601 M02/25/2026
8Gemma 4 26B A4B Google$0.068$0.225262 K04/02/2026
9DeepSeek V4 Flash 0423DeepSeek$0.090$0.1801 M04/24/2026
10Ministral 3 3B 2512Mistral$0.100$0.100131 K12/02/2025
11Claude Haiku 5.5Anthropic$0.100$0.5001 M10/07/2026
12GPT-6 Luna ProOpenAI$0.100$0.5001.1 M09/22/2026
13GPT-6 LunaOpenAI$0.100$0.5001.1 M09/22/2026
14Qwen3.6 35B A3BQwen$0.100$0.900262 K04/17/2026
15DeepSeek V4 Pro 0813DeepSeek$0.111$4.441 M08/13/2026
16Qwen3 Coder NextQwen$0.120$0.800262 K02/03/2026
17Qwen3.5-35B-A3BQwen$0.140$1.00262 K02/23/2026
18Ministral 3 8B 2512Mistral$0.150$0.150262 K12/02/2025
19Qwen3.8 Omni FlashQwen$0.150$0.4701 M09/17/2026
20Qwen3.8 FlashQwen$0.150$0.4701 M08/26/2026
21Mistral Small 4Mistral$0.150$0.600262 K03/16/2026
22Qwen3.8 27BQwen$0.150$1.881 M08/14/2026
23Qwen3.5-9BQwen$0.153$0.225262 K02/23/2026
24Qwen3.6 FlashQwen$0.188$1.131 M04/27/2026
25Kimi K3Moonshot$0.192$16.001 M07/16/2026

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Frequently asked questions

What is the cheapest AI model by API?

Lyria 3 Pro Preview, by Google: $0.000 per million input tokens and $0.000 output, as of 11/14/2026.

How is this list sorted?

By input price per million tokens, lowest first; ties by output price. Only chat models released in the last 12 months (25 in total).

Where do the prices come from and how often are they updated?

From the public catalogs of OpenRouter, models.dev and LiteLLM, which publish each provider's list prices. They sync once a day and the last update date is shown above the comparison.

What does price per million tokens mean?

It is what the provider charges per million tokens you send (input) or the model generates (output). A token is roughly 4 characters. Output almost always costs more than input.

Sources: OpenRouter, models.dev and LiteLLM. Prices in USD per million tokens, list price, no volume discounts. Prompt tokens are an estimate; each provider's tokenizer may differ.