AI/LLM Monthly Budget Planner
Plan, track, and optimize your monthly AI spending with intelligent budget management
According to industry research, typical monthly AI budgets range from $500-$2,000 for startups to $50,000-$300,000+ for enterprises.Learn more about AI cost planning.
Budget Configuration
Set up your monthly AI spending limits and allocation
$12,500
80%
Budget Breakdown by Category
API Costs
$8,000 (53.3%)
Infrastructure
$3,000 (20.0%)
Support
$1,500 (10.0%)
Development
$2,500 (16.7%)
Team Budget Allocation
Track spending by team and enforce limits
Engineering
80% used
15 users
$4,800 / $6,000
Customer Success
80% used
8 users
$3,200 / $4,000
Product
90% used
5 users
$2,700 / $3,000
Marketing
90% used
4 users
$1,800 / $2,000
Budget Status
83.3%
Monthly Budget$15,000
Current Spend$12,500
Remaining$2,500
Projected Monthly$0
Budget Alert
You've used 83.3% of your budget
Model Usage Distribution
Budget Best Practices
Set Hard Limits
Enforce API quotas per team to prevent overruns
Monitor Daily
Track spending trends to catch anomalies early
Plan for Growth
Include 20-30% buffer for usage spikes
Historical Spend Analysis
Track your monthly spending trends and projections
Implement Budget Monitoring
Python code for tracking and alerting on budget usage.Learn more about cost tracking
# Budget Monitoring Setup
import requests
from datetime import datetime
class LLMBudgetMonitor:
def __init__(self, monthly_budget, alert_threshold=0.8):
self.monthly_budget = monthly_budget
self.alert_threshold = alert_threshold
self.current_spend = 0
self.alerts_enabled = True
def track_api_call(self, model, tokens, cost):
"""Track each API call and cost"""
self.current_spend += cost
# Check if approaching budget limit
utilization = self.current_spend / self.monthly_budget
if utilization > self.alert_threshold and self.alerts_enabled:
self.send_budget_alert(utilization)
if utilization > 1.0:
self.enforce_budget_limit()
def send_budget_alert(self, utilization):
"""Send alert when approaching budget"""
message = f"Budget Alert: {utilization*100:.1f}% of monthly budget used"
# Send to Slack, email, etc.
print(f"⚠️ {message}")
def enforce_budget_limit(self):
"""Enforce hard budget limits"""
# Implement rate limiting or service suspension
raise Exception("Monthly budget exceeded!")
def get_budget_report(self):
"""Generate budget utilization report"""
return {
"budget": self.monthly_budget,
"spent": self.current_spend,
"remaining": self.monthly_budget - self.current_spend,
"utilization": (self.current_spend / self.monthly_budget) * 100,
"projected_monthly": self.project_monthly_spend()
}
def project_monthly_spend(self):
"""Project total monthly spend based on current rate"""
today = datetime.now()
days_passed = today.day
days_in_month = 30 # Simplified
daily_rate = self.current_spend / days_passed
return daily_rate * days_in_month
# Usage
monitor = LLMBudgetMonitor(monthly_budget=15000, alert_threshold=0.8)
# Track API calls
monitor.track_api_call("gpt-4", tokens=1000, cost=0.03)
monitor.track_api_call("gpt-3.5-turbo", tokens=5000, cost=0.0075)
# Get report
report = monitor.get_budget_report()
print(f"Budget Status: ${report['spent']:.2f} / ${report['budget']:.2f}")
print(f"Projected Monthly: ${report['projected_monthly']:.2f}")
Take Control of Your AI Spending
ParrotRouter provides built-in budget management, real-time alerts, and detailed cost analytics. Never exceed your AI budget again with intelligent spending controls.
References
- [1] OpenAI. "Pricing Calculator" (2024)
- [2] Anthropic. "Claude Pricing" (2024)
- [3] AWS. "Amazon Bedrock Pricing" (2024)