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llama-3-70b-instruct Cost Calculator - Novita

Calculate the cost of using llama-3-70b-instruct from Novita for your AI applications

Pricing data last updated:

llama-3-70b-instruct Cost Calculator

Mode: Chat

Max: 8,192 tokens

Max: 8,000 tokens

Cost Breakdown

Input Cost$0.00051000
Output Cost$0.00074000
Total Cost$0.001250

Pricing Details

Input: $0.0000005100 per token
Output: $0.0000007400 per token
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Model Specifications

Limits

Max Input Tokens8,192
Max Output Tokens8,000
Max Tokens8,000

About llama-3-70b-instruct

llama-3-70b-instruct is a chat model from Novita, one of 80 chat models they offer. It is priced at $0.51 per 1M input tokens and $0.74 per 1M output tokens, ranking 1077 out of 2168 chat models by cost and cheaper than 50% of models in this category. llama-3-70b-instruct supports structured output. It accepts up to 8K input tokens.

Pricing Information

Input Cost$0.51 per 1M tokens
Output Cost$0.74 per 1M tokens

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

Technical Specifications

Maximum Input Tokens8,192
Maximum Output Tokens8,000
Maximum Total Tokens8,000

Pro Tip

Use the maximum token limits shown above to understand the model's capacity. This model can handle up to 8,192 input tokens. The maximum output length is 8,000 tokens.

Model Capabilities

System Messages - Configure model behavior
Response Schema - Structured output formatting

How llama-3-70b-instruct Pricing Compares

At $0.51 per 1M input tokens and $0.74 per 1M output tokens, llama-3-70b-instruct ranks 1077 out of 2168 chat models by input cost. It is more affordable compared to the median of $0.55 for chat models, and is cheaper than 50% of models in this category.

llama-3-70b-instruct is one of 80 Novita chat models, with support for structured output.

ModelProviderInput / 1M tokensOutput / 1M tokensvs llama-3-70b-instruct
gpt-4.1-mini-2025-04-14Azure$0.44$1.76-14%
deepseek-r1-basicFireworks AI$0.55$2.19+8%
deepseek-v3p1Fireworks AI$0.56$1.68+10%

Alternatives to llama-3-70b-instruct

Similar chat models from other providers

Azure
gpt-4.1-mini-2025-04-14
$0.44/1M input
-14% vs llama-3-70b-instruct
Fireworks AI
deepseek-r1-basic
$0.55/1M input
+8% vs llama-3-70b-instruct
Fireworks AI
deepseek-v3p1
$0.56/1M input
+10% vs llama-3-70b-instruct
Fireworks AI
deepseek-v3p1-terminus
$0.56/1M input
+10% vs llama-3-70b-instruct
Fireworks AI
deepseek-v3p2
$0.56/1M input
+10% vs llama-3-70b-instruct

Frequently Asked Questions

Is llama-3-70b-instruct cheaper than gpt-4.1-mini-2025-04-14?

No. llama-3-70b-instruct costs $0.51 per 1M input tokens while gpt-4.1-mini-2025-04-14 costs $0.44 per 1M input tokens, making gpt-4.1-mini-2025-04-14 14% more affordable for input. However, llama-3-70b-instruct may offer different capabilities or performance characteristics that justify the price difference.

How does llama-3-70b-instruct pricing compare to the average chat model?

llama-3-70b-instruct input pricing is $0.51 per 1M tokens, which is 7% below the median of $0.55 for chat models. It ranks 1077 out of 2168 chat models by input cost, making it cheaper than 50% of models in this category. For output, it costs $0.74 per 1M tokens compared to the median of $1.44.

What makes llama-3-70b-instruct different from other Novita models?

Among Novita's 80 chat models, llama-3-70b-instruct ranks 62 by input cost.

What are the best alternatives to llama-3-70b-instruct?

The most comparable chat models to llama-3-70b-instruct are: gpt-4.1-mini-2025-04-14 from Azure ($0.44/1M input tokens); deepseek-r1-basic from Fireworks AI ($0.55/1M input tokens); deepseek-v3p1 from Fireworks AI ($0.56/1M input tokens); deepseek-v3p1-terminus from Fireworks AI ($0.56/1M 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 llama-3-70b-instruct costs?

llama-3-70b-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 $0.51 and generating 1M output tokens costs $0.74.