Calculate the cost of using llama3.1-8b-instruct from Lambda Ai for your AI applications
Pricing data last updated:
Mode: Chat
Max: 131,072 tokens
Max: 131,072 tokens
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llama3.1-8b-instruct is a chat model from Lambda Ai, one of 20 chat models they offer. It is priced at $0.02 per 1M input tokens and $0.04 per 1M output tokens, ranking 30 out of 2292 chat models by cost and cheaper than 99% of models in this category. llama3.1-8b-instruct supports function calling. It accepts up to 131K input tokens.
Note: Use the interactive calculator above to estimate costs for your specific usage patterns.
Use the maximum token limits shown above to understand the model's capacity. This model can handle up to 131,072 input tokens. The maximum output length is 131,072 tokens.
At $0.02 per 1M input tokens and $0.04 per 1M output tokens, llama3.1-8b-instruct ranks 30 out of 2292 chat models by input cost. It is more affordable compared to the median of $0.55 for chat models, and is cheaper than 99% of models in this category.
llama3.1-8b-instruct is one of 20 Lambda Ai chat models, with support for function calling.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs llama3.1-8b-instruct |
|---|---|---|---|---|
| Llama-3.2-3B-Instruct | DeepInfra | $0.02 | $0.02 | -20% |
| Meta-Llama-3-8B-Instruct | DeepInfra | $0.03 | $0.04 | +20% |
| Meta-Llama-3.1-8B-Instruct | DeepInfra | $0.02 | $0.05 | -20% |
Similar chat models from other providers
No. llama3.1-8b-instruct costs $0.02 per 1M input tokens while Llama-3.2-3B-Instruct costs $0.02 per 1M input tokens, making Llama-3.2-3B-Instruct 20% more affordable for input. However, llama3.1-8b-instruct may offer different capabilities or performance characteristics that justify the price difference.
llama3.1-8b-instruct input pricing is $0.02 per 1M tokens, which is 95% below the median of $0.55 for chat models. It ranks 30 out of 2292 chat models by input cost, making it cheaper than 99% of models in this category. For output, it costs $0.04 per 1M tokens compared to the median of $1.50.
Among Lambda Ai's 20 chat models, llama3.1-8b-instruct ranks 5 by input cost.
The most comparable chat models to llama3.1-8b-instruct are: Llama-3.2-3B-Instruct from DeepInfra ($0.02/1M input tokens); Meta-Llama-3-8B-Instruct from DeepInfra ($0.03/1M input tokens); Meta-Llama-3.1-8B-Instruct from DeepInfra ($0.02/1M input tokens); Meta-Llama-3.1-8B-Instruct-Turbo from DeepInfra ($0.02/1M 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.
llama3.1-8b-instruct 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 $0.02 and generating 1M output tokens costs $0.04.
