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GPT-3.5 Turbo API pricing

As of October 16, 2026, GPT-3.5 Turbo costs $0.50 per million input tokens and $1.50 per million output tokens on the OpenAI API. OpenAI plans to retire it on October 23, 2026.

Retires Oct 23

It is the 9th cheapest of 36 OpenAI models tracked here, by blended price. The closest Budget-tier model from another provider is Mistral Large 3 (Mistral) at $0.50 / $1.50, the same blended price. Same list price as Mistral Large 3. Its price has been cut 1 time and raised 0 times since.

Input / 1M tokens$0.50
Output / 1M tokens$1.50
Context window16K
Max output4K

Every published rate

RatePer 1M tokens
Input (standard)$0.50
Output (standard)$1.50

What it costs in practice

TaskTokensPer requestPer 1,000 requests
Chatbot reply1,000 in / 500 out$0.0013$1.25
Summarize a long document20,000 in / 1,000 out$0.01$11.50
Coding agent step50,000 in / 2,000 out$0.03$28.00

Standard rates, no caching or batch discount. Compare your own numbers across all models →

Price history

$2.00 $0 2024-01-092026-10-16
Per 1M tokens. ━ Output · ┅ Input
DateModelChange
2025-09-25GPT-3.5 TurboOutput price: $2.00 → $1.50 (-25%) source
2025-09-25GPT-3.5 TurboInput price: $1.50 → $0.50 (-67%) source
2024-03-07GPT-3.5 TurboContext window: 4K → 16K (+300%) source
2024-01-09GPT-3.5 TurboContext window: – → 4K source

Dates are when each change first appeared in the LiteLLM price data, usually within days of the provider's announcement.

Details

ProviderOpenAI
Price tierBudget
FeaturesPrompt caching, Tool use
API model namesgpt-3.5-turbo, gpt-3.5-turbo-0125
Retirement dateOctober 23, 2026
Official pricingdevelopers.openai.com

Models at a similar price

ModelInput / 1MOutput / 1M
GPT-5 Mini$0.25$2.00
GPT-4.1 Mini$0.40$1.60
Mistral Large 3$0.50$1.50
Gemini 2.5 Flash$0.30$2.50
Gemini 3.5 Flash Lite$0.30$2.50
DeepSeek R1$0.55$2.19

Other OpenAI models

ModelInput / 1MOutput / 1M
GPT-4$30.00$60.00
GPT-5.6 Cyber$12.50$75.00
GPT-5.5 Cyber$12.50$75.00
o1$15.00$60.00
GPT-6 Astra$10.00$50.00
GPT-4 Preview$10.00$30.00
GPT-4 Turbo$10.00$30.00
GPT-5.5$5.00$30.00
GPT-Rosalind Research$5.00$25.00
GPT-Rosalind Discovery$5.00$25.00
GPT-5.6$4.00$20.00
GPT-5.6 Sol$4.00$20.00
GPT-5.4$2.50$15.00
GPT-5.2$1.75$14.00
GPT-5.6 Terra$2.00$12.00
GPT-4o$2.50$10.00
GPT-6 Sol$2.00$10.00
GPT-6.1 Sol$2.00$10.00
GPT-4.1$2.00$8.00
o3$2.00$8.00
GPT-5$1.25$10.00
GPT-5.1$1.25$10.00
GPT-5 Search API$1.25$10.00
GPT-3.5 Turbo 16K$3.00$4.00
o3 Mini$1.10$4.40
o4 Mini$1.10$4.40
GPT-5.4 Mini$0.75$4.50
GPT-4.1 Mini$0.40$1.60
GPT-5 Mini$0.25$2.00
GPT-5.4 Nano$0.20$1.25
GPT-5.6 Luna$0.20$1.20
GPT-4o Mini$0.15$0.60
GPT-6 Luna$0.10$0.50
GPT-4.1 Nano$0.10$0.40
GPT-5 Nano$0.05$0.40