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gpt-3.5-turbo Cost Calculator - OpenAI

Calculate the cost of using gpt-3.5-turbo from OpenAI for your AI applications

gpt-3.5-turbo Cost Calculator

Mode: Chat

Max: 16,385 tokens

Max: 4,096 tokens

Cost Breakdown

Input Cost$0.00050000
Output Cost$0.001500
Total Cost$0.002000

Pricing Details

Input: $0.0000005000 per token
Output: $0.00000150 per token
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Model Specifications

Capabilities

Function Calling

Limits

Max Input Tokens16,385
Max Output Tokens4,096
Max Tokens4,096

About gpt-3.5-turbo

gpt-3.5-turbo is a powerful chat AI model offered by OpenAI. This comprehensive guide provides detailed pricing information, technical specifications, and capabilities to help you understand the costs and features of using gpt-3.5-turbo in your applications.

Pricing Information

Input Cost$0.50 per 1M tokens
Output Cost$1.50 per 1M tokens

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

Technical Specifications

Maximum Input Tokens16,385
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 16,385 input tokens. The maximum output length is 4,096 tokens.

Model Capabilities

Function Calling - Execute custom functions and tools
Prompt Caching - Optimize repeated prompts
System Messages - Configure model behavior
When should you use gpt-3.5-turbo?

gpt-3.5-turbo is best suited for the following scenarios:

  • Agentic systems with function or tool calling
  • Workflow automation and API orchestration
When should you avoid gpt-3.5-turbo?
  • High-volume text generation where output cost dominates
  • Streaming or verbose response workloads
  • Complex multi-step reasoning or planning tasks
  • Applications requiring image, audio, or multimodal inputs
  • Very large documents or long conversational histories
How does gpt-3.5-turbo compare to similar models?

Compared to other models in a similar category, this model is more cost-efficient on input tokens but relatively expensive on output tokens. It is better suited for retrieval-heavy or context-rich workflows than generation-heavy use cases.

Understanding gpt-3.5-turbo pricing
  • gpt-3.5-turbo is a general-purpose AI model provided by OpenAI.
  • Input tokens are priced at $0.50 per 1M tokens.
  • Output tokens are priced at $1.50 per 1M tokens.
  • The model supports a maximum input capacity of 16,385 tokens.
  • Maximum output length is 4,096 tokens.
  • For this model, input tokens are less expensive than output tokens, so optimizing your prompts can help manage costs.
  • Supports function calling for executing custom functions and tools.
  • Features prompt caching to optimize costs for repeated prompts.
  • OpenAI offers gpt-3.5-turbo for general-purpose AI workloads — general-purpose AI workloads.

How to Use This Calculator

Step 1: Enter the number of input tokens you expect to use. Input tokens include your prompt, system messages, and any context you provide to the model.

Step 2: Specify the number of output tokens you anticipate. Output tokens are the text generated by the model in response to your input.

Step 3: Review the cost breakdown to see the total estimated cost for your usage. The calculator automatically updates as you adjust the token counts.

gpt-3.5-turbo Cost Calculator - OpenAI | Bifrost