--- title: "chat-latest Cost Calculator - OpenAI" description: "Calculate the cost of using chat-latest from OpenAI. Input costs $5.00 and output $30.00 per 1M tokens." url: "https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chat-latest" markdown: "https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chat-latest.md" --- # chat-latest Cost Calculator - OpenAI > Calculate the cost of using chat-latest from OpenAI. Input costs $5.00 and output $30.00 per 1M tokens. ## Important Links - [View MCP Gateway](https://www.getmaxim.ai/bifrost/resources/mcp-gateway.md) - [Features](https://www.getmaxim.ai/bifrost/#features) - [Enterprise](https://www.getmaxim.ai/bifrost/enterprise) - [Pricing](https://www.getmaxim.ai/bifrost/pricing.md) - [Docs](https://docs.getbifrost.ai) - [GitHub](https://github.com/maximhq/bifrost) - [Book a Demo](https://www.getmaxim.ai/bifrost/book-a-demo) ## About chat-latest chat-latest is a chat model from OpenAI, one of 94 chat models they offer. It is priced at $5.00 per 1M input tokens and $30.00 per 1M output tokens, ranking 2673 out of 2912 chat models by cost and cheaper than 7% of models in this category. chat-latest supports vision, function calling, web search, prompt caching, structured output. Its 400K-token context window is in the top 22% among chat models. ## Pricing Published OpenAI pricing for chat-latest. - **$5.00 / 1M tokens Input.** - **$30.00 / 1M tokens Output.** ## Technical Specifications - **Chat Mode.** - **400,000 Max Input Tokens.** - **128,000 Max Output Tokens.** - **128,000 Max Tokens.** ## Model Capabilities chat-latest supports: Function Calling, Vision, Web Search, Prompt Caching, Parallel Function Calling, System Messages, Response Schema, Tool Choice, PDF Input. ## How Pricing Compares At $5.00 per 1M input tokens and $30.00 per 1M output tokens, chat-latest ranks 2673 out of 2912 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 7% of models in this category. chat-latest is one of 94 OpenAI chat models, with support for vision, function calling, web search, prompt caching, structured output. its 400K-token context window places it in the top 22% of chat models. | Model | Provider | Input $/1M | Output $/1M | vs chat-latest | | --- | --- | --- | --- | --- | | anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.00 | $25.00 | 0% | | global.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.00 | $25.00 | 0% | | us.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.50 | $27.50 | +10% | | eu.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.50 | $27.50 | +10% | | au.anthropic.claude-opus-4-6-v1 | AWS Bedrock | $5.50 | $27.50 | +10% | ## More from OpenAI - [chatgpt-4o-latest ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chatgpt-4o-latest.md) - [gpt-4o-2024-05-13 ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-4o-2024-05-13.md) - [gpt-5.5 ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5.5.md) - [gpt-5.5-2026-04-23 ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5.5-2026-04-23.md) ## Related Resources - [OpenAI status](https://www.getmaxim.ai/bifrost/provider-status/openai.md) - [chat-latest specifications](https://www.getmaxim.ai/bifrost/model-library/compare/openai/chat-latest.md) - [All OpenAI pricing](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai.md) ## FAQ ### Is chat-latest cheaper than anthropic.claude-opus-4-6-v1? No. chat-latest costs $5.00 per 1M input tokens while anthropic.claude-opus-4-6-v1 costs $5.00 per 1M input tokens, making anthropic.claude-opus-4-6-v1 0% more affordable for input. However, chat-latest may offer different capabilities or performance characteristics that justify the price difference. ### How does chat-latest pricing compare to the average chat model? chat-latest input pricing is $5.00 per 1M tokens, which is 809% above the median of $0.55 for chat models. It ranks 2673 out of 2912 chat models by input cost, making it cheaper than 7% of models in this category. For output, it costs $30.00 per 1M tokens compared to the median of $1.50. ### What makes chat-latest different from other OpenAI models? Among OpenAI's 94 chat models, chat-latest ranks 79 by input cost. ### What are the best alternatives to chat-latest? The most comparable chat models to chat-latest are: anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.00/1M input tokens); global.anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.00/1M input tokens); us.anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.50/1M input tokens); eu.anthropic.claude-opus-4-6-v1 from AWS Bedrock ($5.50/1M 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 large is chat-latest's context window? chat-latest supports up to 400,000 input tokens, placing it in the top 22% of chat models by context window size (rank 563 of 2714). This makes it suitable for processing long documents, extensive code repositories, or maintaining detailed conversation histories. ### How do I check if OpenAI is down? You can monitor OpenAI service health in real time on the Bifrost OpenAI Status page. It tracks current component status, active incidents, and historical reliability data pulled from the official status page every 60 seconds. ### How do I calculate chat-latest costs? chat-latest 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 $5.00 and generating 1M output tokens costs $30.00. ## Related Resources - [All OpenAI pricing](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai.md) - [LLM cost calculator](https://www.getmaxim.ai/bifrost/llm-cost-calculator.md) - [Model library](https://www.getmaxim.ai/bifrost/model-library.md) - [Docs: Bifrost docs](https://docs.getbifrost.ai) - [GitHub: maximhq/bifrost](https://github.com/maximhq/bifrost) - [Pricing: Bifrost pricing](https://www.getmaxim.ai/bifrost/pricing.md) - [Enterprise: Bifrost enterprise](https://www.getmaxim.ai/bifrost/enterprise) - [Book a Demo: Bifrost demo](https://www.getmaxim.ai/bifrost/book-a-demo) - [Resources: Bifrost resources](https://www.getmaxim.ai/bifrost/resources.md) --- *This is a markdown version of [https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chat-latest](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chat-latest) for AI/LLM consumption.*