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Home/AI Models Under $1 per Million Tokens
Best under $1/1MPrice Filter

AI Models Under $1 per Million Tokens

9 models in this directory cost $1 or less per million input tokens. DeepSeek V3 is the most capable of them ($0.27/1M), Mistral Small 3.1 is the absolute cheapest at $0.1/1M, and Gemini 3.1 Flash gives you the largest context window (1M tokens) at this price level.

Last verified Mar 24, 2026/Model data modified Mar 24, 2026
Rankings refresh dailyScored on 6 criteriaNo paid rankings
DeepSeekBudget
Input cost
$0.27/1M
Context
128k tokens
Speed
Fast

Clear recommendation block

The shortest way to see the safest default, the lower-cost option, and the specialist pick before you read deeper.

Best overall model

DeepSeek V3

View
Why this recommendation

DeepSeek V3 is the safest overall answer here when you want the strongest default instead of the lowest list price.

DeepSeekBudget
Best for
Coding, reasoning, and general tasks at extreme cost efficiency
Price
$0.27/1M
Context
128k tokens
Best budget model

Grok 4

View
Why this recommendation

Grok 4 is the lower-cost option to start with when you still need useful output at scale.

xAIBalanced
Best for
Coding and research at competitive pricing with maximum context
Price
$2.00/1M
Context
2M tokens
Best for speed

Gemini 3.1 Flash

View
Why this recommendation

Gemini 3.1 Flash is the better pick when response speed matters more than maximum reasoning depth.

GoogleBudget
Best for
High-volume everyday AI usage where speed and cost both matter
Price
$0.50/1M
Context
1M tokens

Why this page recommends it

DeepSeek V3 is the most capable model under $1/1M — $0.27/1M input, $1.1/1M output, 128K context.

Mistral Small 3.1 is the absolute cheapest at $0.1/1M input — 100x cheaper than Claude Fable 5.

Codestral 25.01 is the strongest budget coding pick (coding score 88/100).

Decision notes

Choose DeepSeek V3 as your budget default — the best capability-per-dollar in this price band.

Choose Mistral Small 3.1 for very high-volume tasks like classification, tagging, and extraction.

Route hard tasks to a premium model and keep everything else here — a two-tier setup usually cuts spend 60–80%.

Interactive decision lab

Test the recommendation against your priority

Switch the scoring lens to see whether the top answer changes when you care more about cost, speed, or long-document work.

#1Gemini 3.1 Flash77 pts
#2DeepSeek V374 pts
#3DeepSeek R170 pts
#4GPT-4o Mini68 pts
#5Llama 4 Scout67 pts
Quality first

Gemini 3.1 Flash

Google / Budget / Mar 24, 2026

77

Best cheap AI for broad day-to-day work — now with 1M context.

Ranks models by the broadest mix of coding, writing, research, and long-context usefulness.

Cost
$0.50/1M
$3.00/1M out
Speed
Very fast
5/100 score
Context
1M tokens
input window
View model
Data-backed recommendation
Avoid this pick if

You need premium reasoning depth or the highest coding benchmark scores.

Recommended comparisons

The fastest way to see where the recommendation shifts when your priority changes.

DeepSeekBudgetBest under $1/1M

DeepSeek V3

GPT-4o-class coding quality at under $0.30/1M — the best value in the directory.

Best use case
Coding, reasoning, and general tasks at extreme cost efficiency
Input
$0.27/1M
Pricing
Budget
Speed
Fast
Context
128k tokens
Open sourceBudgetCoding
DeepSeekBudgetOption 2

DeepSeek R1

Open-source o1-class reasoning at a fraction of the cost.

Best use case
Math, science, complex reasoning, and multi-step problem solving at budget cost
Input
$0.55/1M
Pricing
Budget
Speed
Deliberate
Context
128k tokens
ReasoningOpen sourceBudget
GoogleBudgetOption 3

Gemini 3.1 Flash

Best cheap AI for broad day-to-day work — now with 1M context.

Best use case
High-volume everyday AI usage where speed and cost both matter
Input
$0.50/1M
Pricing
Budget
Speed
Very fast
Context
1M tokens
Best budgetFast1M context
OpenAIBudgetOption 4

GPT-4o Mini

OpenAI's fastest, cheapest option for everyday high-volume tasks.

Best use case
High-volume everyday tasks where GPT-4o quality is overkill
Input
$0.15/1M
Pricing
Budget
Speed
Very fast
Context
128k tokens
BudgetFastOpenAI
AnthropicBudgetOption 5

Claude 4 Haiku

Best low-cost writing option for fast-moving content teams.

Best use case
Fast budget writing, support automation, and cost-sensitive Anthropic integrations
Input
$0.80/1M
Pricing
Budget
Speed
Very fast
Context
200k tokens
Fast writingBudgetAnthropic
MetaBudgetOption 6

Llama 4 Scout

Best open-weight long-context option for self-hosted pipelines.

Best use case
Affordable self-hosted long-context workflows and analysis pipelines
Input
$0.50/1M
Pricing
Budget
Speed
Fast
Context
512k tokens
Long contextCheapOpen weights
MetaBudgetOption 7

Llama 4 Maverick

Best flexible option for teams that need open-weight portability.

Best use case
Flexible self-hosted deployments and mixed general workloads
Input
$0.60/1M
Pricing
Budget
Speed
Fast
Context
256k tokens
Open weightsSelf-hostedFlexible
MistralBudgetOption 8

Codestral 25.01

Best budget-focused coding specialist for high-volume developer teams.

Best use case
Affordable high-volume coding support
Input
$0.90/1M
Pricing
Budget
Speed
Very fast
Context
256k tokens
Coding specialistBudgetFast

Pros

GPT-4o class coding and reasoning at under $0.30/1M input tokens

Open-source weights available for self-hosting

Strong performance on HumanEval and coding benchmarks relative to price

Cons

Chinese-origin model raises data sovereignty concerns for some enterprise teams

Slightly weaker on nuanced English writing tone compared to Claude and GPT

Less reliable for complex multi-step agentic workflows vs frontier models

Explore related decisions

Browse all modelsCompare pricingView DeepSeek V3View DeepSeek R1View Gemini 3.1 FlashAI Models Under 50¢ per Million TokensBest cheap AIBest Cheap AI API in 2026AI API Cost CalculatorCompare pricingDeepseek V3

How we evaluate AI models

UseRightAI recommendations are based on practical decision factors people actually feel in day-to-day use.

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FAQ

What is the best AI model under $1 per million tokens?

DeepSeek V3 — $0.27/1M input tokens with the highest capability average in this price band. GPT-4o-class coding quality at under $0.30/1M — the best value in the directory.

What is the cheapest AI model overall?

Mistral Small 3.1 at $0.1/1M input and $0.3/1M output. It handles ultra-high-volume classification well despite the price.

Which model under $1/1M is best for coding?

Codestral 25.01, with a coding score of 88/100 at $0.9/1M input.

What is the catch with cheap AI models?

Budget models trail flagships on hard reasoning, nuanced writing, and complex multi-step coding. Claude Fable 5, the current capability leader, scores 99/100 on average vs 80/100 for DeepSeek V3 — use cheap models for volume, not for your hardest work.

Do output tokens cost more than input tokens?

Yes — usually 3–5x more. DeepSeek V3 charges $0.27/1M input but $1.1/1M output, so long responses drive the real bill. Our API cost calculator models both sides.