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meta.llama3-1-70b-instruct-v1:0 Cost Calculator - AWS Bedrock

Calculate the cost of using meta.llama3-1-70b-instruct-v1:0 from AWS Bedrock for your AI applications

Pricing data last updated:

meta.llama3-1-70b-instruct-v1:0 Cost Calculator

Mode: Chat

Max: 128,000 tokens

Max: 2,048 tokens

Cost Breakdown

Input Cost$0.00099000
Output Cost$0.00099000
Total Cost$0.001980

Pricing Details

Input: $0.0000009900 per token
Output: $0.0000009900 per token
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Model Specifications

Capabilities

Function Calling

Limits

Max Input Tokens128,000
Max Output Tokens2,048
Max Tokens2,048

About meta.llama3-1-70b-instruct-v1:0

meta.llama3-1-70b-instruct-v1:0 is a chat model from AWS Bedrock, one of 317 chat models they offer. It is priced at $0.99 per 1M input tokens and $0.99 per 1M output tokens, ranking 1397 out of 2172 chat models by cost and cheaper than 36% of models in this category. meta.llama3-1-70b-instruct-v1:0 supports function calling. It accepts up to 128K input tokens.

Pricing Information

Input Cost$0.99 per 1M tokens
Output Cost$0.99 per 1M tokens

Note: Use the interactive calculator above to estimate costs for your specific usage patterns.

Technical Specifications

Maximum Input Tokens128,000
Maximum Output Tokens2,048
Maximum Total Tokens2,048

Pro Tip

Use the maximum token limits shown above to understand the model's capacity. This model can handle up to 128,000 input tokens. The maximum output length is 2,048 tokens.

Model Capabilities

Function Calling - Execute custom functions and tools

How meta.llama3-1-70b-instruct-v1:0 Pricing Compares

At $0.99 per 1M input tokens and $0.99 per 1M output tokens, meta.llama3-1-70b-instruct-v1:0 ranks 1397 out of 2172 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 36% of models in this category.

meta.llama3-1-70b-instruct-v1:0 is one of 317 AWS Bedrock chat models, with support for function calling.

ModelProviderInput / 1M tokensOutput / 1M tokensvs meta.llama3-1-70b-instruct-v1:0
Mixtral-8x22B-Instruct-v0.1Anyscale$0.90$0.90-9%
claude-haiku-4-5Azure$1.00$5.00+1%
o1-mini-2024-09-12Azure$1.21$4.84+22%

Alternatives to meta.llama3-1-70b-instruct-v1:0

Similar chat models from other providers

Anyscale
Mixtral-8x22B-Instruct-v0.1
$0.90/1M input
-9% vs meta.llama3-1-70b-instruct-v1:0
Azure
claude-haiku-4-5
$1.00/1M input
+1% vs meta.llama3-1-70b-instruct-v1:0
Azure
o1-mini-2024-09-12
$1.21/1M input
+22% vs meta.llama3-1-70b-instruct-v1:0
Azure
gpt-35-turbo-1106
$1.00/1M input
+1% vs meta.llama3-1-70b-instruct-v1:0
Azure
o1-mini
$1.21/1M input
+22% vs meta.llama3-1-70b-instruct-v1:0

Frequently Asked Questions

Is meta.llama3-1-70b-instruct-v1:0 cheaper than Mixtral-8x22B-Instruct-v0.1?

No. meta.llama3-1-70b-instruct-v1:0 costs $0.99 per 1M input tokens while Mixtral-8x22B-Instruct-v0.1 costs $0.90 per 1M input tokens, making Mixtral-8x22B-Instruct-v0.1 9% more affordable for input. However, meta.llama3-1-70b-instruct-v1:0 may offer different capabilities or performance characteristics that justify the price difference.

How does meta.llama3-1-70b-instruct-v1:0 pricing compare to the average chat model?

meta.llama3-1-70b-instruct-v1:0 input pricing is $0.99 per 1M tokens, which is 80% above the median of $0.55 for chat models. It ranks 1397 out of 2172 chat models by input cost, making it cheaper than 36% of models in this category. For output, it costs $0.99 per 1M tokens compared to the median of $1.48.

What makes meta.llama3-1-70b-instruct-v1:0 different from other AWS Bedrock models?

Among AWS Bedrock's 317 chat models, meta.llama3-1-70b-instruct-v1:0 ranks 175 by input cost.

What are the best alternatives to meta.llama3-1-70b-instruct-v1:0?

The most comparable chat models to meta.llama3-1-70b-instruct-v1:0 are: Mixtral-8x22B-Instruct-v0.1 from Anyscale ($0.90/1M input tokens); claude-haiku-4-5 from Azure ($1.00/1M input tokens); o1-mini-2024-09-12 from Azure ($1.21/1M input tokens); gpt-35-turbo-1106 from Azure ($1.00/1M input tokens). These alternatives were selected based on similar capabilities, pricing, and provider diversity. You can compare any of these models in detail using the Bifrost Model Library.

How do I calculate meta.llama3-1-70b-instruct-v1:0 costs?

meta.llama3-1-70b-instruct-v1:0 is priced based on input and output tokens. Use the interactive calculator at the top of this page to estimate costs for your specific workload. Enter your expected input and output tokens volume and the calculator will show the total cost breakdown. For reference, processing 1M input tokens costs $0.99 and generating 1M output tokens costs $0.99.