Prices verified September 25, 2026 · 36 plans · 29 API models · 9 providers · What changed

OpenAI API · verified September 25, 2026

GPT-5.4 nano API pricing: $0.20 in / $1.25 out

Per million tokens, 400K context.

Input /1M$0.20
Output /1M$1.25
Context400K
Released2026

What real jobs cost

1,000 short chats$0.66
Summarise 100 long reports (20k tokens each)$0.53
Write a 90,000-word book$0.15
10M input + 2M output tokens$4.50

Estimates at the listed price. Use the calculator for your own numbers.

Similar-priced models

ModelInOut
GPT-6 Luna OpenAI$0.10$0.50
DeepSeek V4.1-Flash DeepSeek AI$0.15$0.60
Mistral Small 4 Mistral AI$0.15$0.60
GPT-5.6 Luna OpenAI$0.20$1.20
Gemini 3.1 Flash-Lite Google$0.25$1.50
Mistral Large 3 Mistral AI$0.50$1.50

Price history

DatePriceWhat changed
Sep 25, 2026$0.05 / $0.40 (our error) → $0.20 / $1.25Correction: we previously listed the wrong price

Other OpenAI models

GPT-5.4 nano pricing questions

How much does GPT-5.4 nano cost?

$0.20 per million input tokens and $1.25 per million output tokens, with a 400K context window.

How much does 1,000 chats cost on GPT-5.4 nano?

About $0.66, assuming 800 input and 400 output tokens per chat.

Is there a cheaper alternative to GPT-5.4 nano?

DeepSeek V4.1-Flash ($0.15 / $0.60) costs about 43% less on a typical 3:1 input/output mix. Test whether its quality is enough for your task.

Sources

Checked against the official pages below on September 25, 2026. Prices are USD before local tax. See how we verify prices and the change log.