---
title: "chatgpt-image-latest Cost Calculator - OpenAI"
description: "Calculate the cost of using chatgpt-image-latest from OpenAI."
url: "https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chatgpt-image-latest"
markdown: "https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chatgpt-image-latest.md"
---

# chatgpt-image-latest Cost Calculator - OpenAI

> Calculate the cost of using chatgpt-image-latest from OpenAI.

## 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 chatgpt-image-latest

chatgpt-image-latest is an image generation model from OpenAI, one of 7 image generation models they offer. It is priced at $5.00 per 1M input tokens, ranking 33 out of 37 image generation models by cost and cheaper than 5% of models in this category.

## Pricing

Published OpenAI pricing for chatgpt-image-latest.

- **$5.00 / 1M tokens Input.**

## Technical Specifications

- **Image Generation Mode.**

## How Pricing Compares

At $5.00 per 1M input tokens, chatgpt-image-latest ranks 33 out of 37 image generation models by input cost. It is more expensive compared to the median of $2.00 for image generation models, and is cheaper than 5% of models in this category.

| Model | Provider | Input $/1M | Output $/1M | vs chatgpt-image-latest |
| --- | --- | --- | --- | --- |
| gpt-image-1 | Azure | $5.00 | $40.00 | 0% |
| gpt-image-1.5 | Azure | $5.00 | $32.00 | 0% |
| gpt-image-1.5-2025-12-16 | Azure | $5.00 | - | 0% |
| gpt-image-2 | Azure | $5.00 | $30.00 | 0% |
| gpt-image-2-2026-04-21 | Azure | $5.00 | $10.00 | 0% |

## More from OpenAI

- [gpt-image-1.5 ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-image-1.5.md)
- [gpt-image-1.5-2025-12-16 ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-image-1.5-2025-12-16.md)
- [gpt-image-2 ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-image-2.md)
- [gpt-image-2-2026-04-21 ($5.00/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-image-2-2026-04-21.md)

## Related Resources

- [OpenAI status](https://www.getmaxim.ai/bifrost/provider-status/openai.md)
- [chatgpt-image-latest specifications](https://www.getmaxim.ai/bifrost/model-library/compare/openai/chatgpt-image-latest.md)
- [All OpenAI pricing](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai.md)

## FAQ

### Is chatgpt-image-latest cheaper than gpt-image-1?

No. chatgpt-image-latest costs $5.00 per 1M input tokens while gpt-image-1 costs $5.00 per 1M input tokens, making gpt-image-1 0% more affordable for input. However, chatgpt-image-latest may offer different capabilities or performance characteristics that justify the price difference.

### How does chatgpt-image-latest pricing compare to the average image generation model?

chatgpt-image-latest input pricing is $5.00 per 1M tokens, which is 150% above the median of $2.00 for image generation models. It ranks 33 out of 37 image generation models by input cost, making it cheaper than 5% of models in this category.

### What makes chatgpt-image-latest different from other OpenAI models?

Among OpenAI's 7 image generation models, chatgpt-image-latest ranks 7 by input cost.

### What are the best alternatives to chatgpt-image-latest?

The most comparable image generation models to chatgpt-image-latest are: gpt-image-1 from Azure ($5.00/1M input tokens); gpt-image-1.5 from Azure ($5.00/1M input tokens); gpt-image-1.5-2025-12-16 from Azure ($5.00/1M input tokens); gpt-image-2 from Azure ($5.00/1M 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 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-image-latest costs?

chatgpt-image-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.

## 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/chatgpt-image-latest](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/chatgpt-image-latest) for AI/LLM consumption.*