Interactive Tool
January 15, 20245 min readLLM API Cost Comparison Tool
Compare pricing across major LLM providers and find the best option for your use case with our interactive calculator.
Table of Contents
Interactive Cost Comparison
Select a use case or customize parameters to compare costs
Required Features
Cost Comparison Results
| Provider | Model | Quality | $/Month | $/1K Reqs | $/Request |
|---|
No models match your criteria. Try adjusting the quality threshold or feature requirements.
Custom Usage Calculator
Enter your specific usage parameters for accurate cost estimates
Usage Summary
Input Tokens/Month
15,000,000
Output Tokens/Month
30,000,000
Total Tokens/Month
45,000,000
Requests/Month
100,000
Feature Comparison Matrix
Compare available features across providers
| Provider | Streaming | Functions | Embeddings | Fine-tuning | Multimodal |
|---|---|---|---|---|---|
| OpenAI | |||||
| Anthropic | |||||
| Meta | |||||
| Mistral | |||||
| Cohere |
Feature availability may vary by model and pricing tier. Check provider documentation for specific details. ParrotRouter supports all features across compatible models. See our features documentation.
Volume Discounts & Enterprise Pricing
Understanding bulk pricing and enterprise agreements
According to Ptolemay's TCO analysis, most providers offer significant volume discounts for enterprise customers:
OpenAI Volume Tiers
- • Tier 1 (Free): $5 rate limits
- • Tier 2 ($50 paid): Higher rate limits
- • Tier 3 ($500 paid): 2x rate limits
- • Tier 4 ($1,000 paid): 5x rate limits
- • Tier 5 ($5,000+ paid): 10x rate limits
Enterprise Agreements
- • Custom pricing based on committed volume
- • Typically 20-50% discount for >100M tokens/month
- • Annual commitments may unlock additional savings
- • SLAs and priority support included
Cloud Provider Benefits
- • Azure OpenAI: Integrated with Azure credits
- • Google Cloud: Sustained use discounts
- • AWS Bedrock: Reserved capacity pricing
Cost-Performance Recommendations
Best models for different use cases and budgets
Best Overall Value
GPT-3.5 Turbo - Excellent balance of cost, quality, and features
- • $0.50/$1.50 per 1M tokens
- • 75% quality score
- • Full feature support
Budget Champion
Llama 3 70B - Lowest cost for good quality
- • $0.13/$0.13 per 1M tokens
- • 80% quality score
- • Limited features
Premium Performance
Claude 3 Opus / GPT-4 Turbo - Best quality available
- • $10-15/$30-75 per 1M tokens
- • 95% quality score
- • Advanced capabilities
Use Case Specific Recommendations
Chatbots
Use Llama 3 or GPT-3.5 Turbo for cost-effective conversations
Code Generation
Use GPT-4 Turbo or Claude 3 Sonnet for better accuracy
Research/Analysis
Use Claude 3 Opus or GPT-4 for complex reasoning
High Volume
Use Gemini 1.5 Pro for low input costs with large contexts
References
- [1] OpenAI. "Pricing Calculator" (2024)
- [2] Anthropic. "Claude Pricing" (2024)
- [3] AWS. "Amazon Bedrock Pricing" (2024)