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gpt-3.5-turbo-0301 Cost Calculator - OpenAI

Calculate the cost of using gpt-3.5-turbo-0301 from OpenAI for your AI applications

gpt-3.5-turbo-0301 Cost Calculator

Mode: Chat

Max: 4,097 tokens

Max: 4,096 tokens

Cost Breakdown

Input Cost$0.001500
Output Cost$0.002000
Total Cost$0.003500

Pricing Details

Input: $0.00000150 per token
Output: $0.00000200 per token
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Model Specifications

Limits

Max Input Tokens4,097
Max Output Tokens4,096
Max Tokens4,096

About gpt-3.5-turbo-0301

gpt-3.5-turbo-0301 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-0301 in your applications.

Pricing Information

Input Cost$1.50 per 1M tokens
Output Cost$2.00 per 1M tokens

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

Technical Specifications

Maximum Input Tokens4,097
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 4,097 input tokens. The maximum output length is 4,096 tokens.

Model Capabilities

✓Prompt Caching - Optimize repeated prompts
✓System Messages - Configure model behavior
When should you use gpt-3.5-turbo-0301?

gpt-3.5-turbo-0301 is best suited for the following scenarios:

  • General-purpose chat and text generation workloads
When should you avoid gpt-3.5-turbo-0301?
  • 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-0301 compare to similar models?

This model offers competitive input token pricing, making it cost-effective for applications that require extensive context or frequent input processing.

Understanding gpt-3.5-turbo-0301 pricing
  • gpt-3.5-turbo-0301 is a general-purpose AI model provided by OpenAI.
  • Input tokens are priced at $1.50 per 1M tokens.
  • Output tokens are priced at $2.00 per 1M tokens.
  • The model supports a maximum input capacity of 4,097 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.
  • Features prompt caching to optimize costs for repeated prompts.
  • OpenAI offers gpt-3.5-turbo-0301 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.

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