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chatgpt-4o-latest Cost Calculator - OpenAI

Calculate the cost of using chatgpt-4o-latest from OpenAI for your AI applications

Pricing data last updated:

chatgpt-4o-latest Cost Calculator

Mode: Chat

Max: 128,000 tokens

Max: 4,096 tokens

Cost Breakdown

Input Cost$0.005000
Output Cost$0.015000
Total Cost$0.020000

Pricing Details

Input: $0.00000500 per token
Output: $0.00001500 per token
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Model Specifications

Capabilities

Function Calling
Vision

Limits

Max Input Tokens128,000
Max Output Tokens4,096
Max Tokens4,096

About chatgpt-4o-latest

chatgpt-4o-latest is a chat model from OpenAI, one of 100 chat models they offer. It is priced at $5.00 per 1M input tokens and $15.00 per 1M output tokens, ranking 2095 out of 2292 chat models by cost and cheaper than 6% of models in this category. chatgpt-4o-latest supports vision, function calling, prompt caching — one of only 10 chat models with this combination. It accepts up to 128K input tokens.

Pricing Information

Input Cost$5.00 per 1M tokens
Output Cost$15.00 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 Tokens4,096
Maximum Total Tokens4,096

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 4,096 tokens.

Model Capabilities

Function Calling - Execute custom functions and tools
Vision - Process and understand images
Prompt Caching - Optimize repeated prompts
System Messages - Configure model behavior
Parallel Function Calling - Execute multiple functions simultaneously

How chatgpt-4o-latest Pricing Compares

At $5.00 per 1M input tokens and $15.00 per 1M output tokens, chatgpt-4o-latest ranks 2095 out of 2292 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 6% of models in this category.

chatgpt-4o-latest is one of 100 OpenAI chat models, one of only 10 chat models combining function calling, prompt caching, vision.

ModelProviderInput / 1M tokensOutput / 1M tokensvs chatgpt-4o-latest
anthropic.claude-opus-4-5-20251101-v1:0AWS Bedrock$5.00$25.000%
anthropic.claude-opus-4-6-v1AWS Bedrock$5.00$25.000%
global.anthropic.claude-opus-4-6-v1AWS Bedrock$5.00$25.000%

Alternatives to chatgpt-4o-latest

Similar chat models from other providers

AWS Bedrock
anthropic.claude-opus-4-5-20251101-v1:0
$5.00/1M input
0% vs chatgpt-4o-latest
AWS Bedrock
anthropic.claude-opus-4-6-v1
$5.00/1M input
0% vs chatgpt-4o-latest
AWS Bedrock
global.anthropic.claude-opus-4-6-v1
$5.00/1M input
0% vs chatgpt-4o-latest
AWS Bedrock
us.anthropic.claude-opus-4-6-v1
$5.50/1M input
+10% vs chatgpt-4o-latest
AWS Bedrock
eu.anthropic.claude-opus-4-6-v1
$5.50/1M input
+10% vs chatgpt-4o-latest

Frequently Asked Questions

Is chatgpt-4o-latest cheaper than anthropic.claude-opus-4-5-20251101-v1:0?

No. chatgpt-4o-latest costs $5.00 per 1M input tokens while anthropic.claude-opus-4-5-20251101-v1:0 costs $5.00 per 1M input tokens, making anthropic.claude-opus-4-5-20251101-v1:0 0% more affordable for input. However, chatgpt-4o-latest may offer different capabilities or performance characteristics that justify the price difference.

How does chatgpt-4o-latest pricing compare to the average chat model?

chatgpt-4o-latest input pricing is $5.00 per 1M tokens, which is 809% above the median of $0.55 for chat models. It ranks 2095 out of 2292 chat models by input cost, making it cheaper than 6% of models in this category. For output, it costs $15.00 per 1M tokens compared to the median of $1.50.

What makes chatgpt-4o-latest different from other OpenAI models?

Among OpenAI's 100 chat models, chatgpt-4o-latest ranks 82 by input cost. Its combination of function calling, prompt caching, vision is shared by only 9 other chat models.

What are the best alternatives to chatgpt-4o-latest?

The most comparable chat models to chatgpt-4o-latest are: anthropic.claude-opus-4-5-20251101-v1:0 from AWS Bedrock ($5.00/1M input tokens); 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). 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 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 chatgpt-4o-latest costs?

chatgpt-4o-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 $15.00.