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AI Token Cost Calculator

Free AI token cost calculator. Estimate monthly API costs for OpenAI GPT, Anthropic Claude, Google Gemini and other LLM providers.

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Understanding LLM API Pricing

Large Language Model APIs are priced per token — roughly 4 characters or 0.75 words. Pricing is split between input tokens (your prompt) and output tokens (the model's response). Output tokens are typically 3–5× more expensive.

Estimating Token Usage

  • Short prompt + short response: ~300 input / 200 output tokens
  • Standard chat message: ~500 input / 800 output tokens
  • Document analysis: ~2,000 input / 500 output tokens
  • Rule of thumb: 1,000 tokens ≈ 750 words

Frequently Asked Questions

What is a token?+
A token is roughly 4 characters of text, or about 0.75 words. The sentence "Hello, how are you?" is about 5 tokens. Models process text in tokens, and you are billed per token.
Which model is cheapest for production?+
GPT-4o Mini and Gemini Flash are the cheapest options for high-volume applications. For quality at reasonable cost, Claude Sonnet 4 and GPT-4o offer the best balance.
Do prices include VAT?+
API prices listed are typically exclusive of VAT. UK businesses will have VAT added at 20%. Check your provider's billing page for full pricing details.

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