Calculate the cost of using gpt-3.5-turbo-16k from OpenAI for your AI applications
Pricing data last updated:
Mode: Chat
Max: 16,385 tokens
Max: 4,096 tokens
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gpt-3.5-turbo-16k is a chat model from OpenAI, one of 100 chat models they offer. It is priced at $3.00 per 1M input tokens and $4.00 per 1M output tokens, ranking 1982 out of 2292 chat models by cost and cheaper than 11% of models in this category. gpt-3.5-turbo-16k supports prompt caching. It accepts up to 16K input tokens.
Note: Use the interactive calculator above to estimate costs for your specific usage patterns.
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.
At $3.00 per 1M input tokens and $4.00 per 1M output tokens, gpt-3.5-turbo-16k ranks 1982 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 11% of models in this category.
gpt-3.5-turbo-16k is one of 100 OpenAI chat models, with support for prompt caching.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs gpt-3.5-turbo-16k |
|---|---|---|---|---|
| anthropic.claude-3-5-sonnet-20241022-v2:0 | AWS Bedrock | $3.00 | $15.00 | 0% |
| anthropic.claude-3-7-sonnet-20240620-v1:0 | AWS Bedrock | $3.60 | $18.00 | +20% |
| anthropic.claude-3-7-sonnet-20250219-v1:0 | AWS Bedrock | $3.00 | $15.00 | 0% |
Similar chat models from other providers
No. gpt-3.5-turbo-16k costs $3.00 per 1M input tokens while anthropic.claude-3-5-sonnet-20241022-v2:0 costs $3.00 per 1M input tokens, making anthropic.claude-3-5-sonnet-20241022-v2:0 0% more affordable for input. However, gpt-3.5-turbo-16k may offer different capabilities or performance characteristics that justify the price difference.
gpt-3.5-turbo-16k input pricing is $3.00 per 1M tokens, which is 445% above the median of $0.55 for chat models. It ranks 1982 out of 2292 chat models by input cost, making it cheaper than 11% of models in this category. For output, it costs $4.00 per 1M tokens compared to the median of $1.50.
Among OpenAI's 100 chat models, gpt-3.5-turbo-16k ranks 73 by input cost.
The most comparable chat models to gpt-3.5-turbo-16k are: anthropic.claude-3-5-sonnet-20241022-v2:0 from AWS Bedrock ($3.00/1M input tokens); anthropic.claude-3-7-sonnet-20240620-v1:0 from AWS Bedrock ($3.60/1M input tokens); anthropic.claude-3-7-sonnet-20250219-v1:0 from AWS Bedrock ($3.00/1M input tokens); anthropic.claude-sonnet-4-6 from AWS Bedrock ($3.00/1M 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.
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gpt-3.5-turbo-16k 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 $3.00 and generating 1M output tokens costs $4.00.
