--- title: "gpt-5-chat-latest Cost Calculator - OpenAI" description: "Calculate the cost of using gpt-5-chat-latest from OpenAI. Input costs $1.25 and output $10.00 per 1M tokens." url: "https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5-chat-latest" markdown: "https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5-chat-latest.md" --- # gpt-5-chat-latest Cost Calculator - OpenAI > Calculate the cost of using gpt-5-chat-latest from OpenAI. Input costs $1.25 and output $10.00 per 1M tokens. ## 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 gpt-5-chat-latest gpt-5-chat-latest is a chat model from OpenAI, one of 94 chat models they offer. It is priced at $1.25 per 1M input tokens and $10.00 per 1M output tokens, ranking 2047 out of 2912 chat models by cost and cheaper than 28% of models in this category. gpt-5-chat-latest supports vision, reasoning, prompt caching, structured output — one of only 9 chat models with this combination. It accepts up to 128K input tokens. ## Pricing Published OpenAI pricing for gpt-5-chat-latest. - **$1.25 / 1M tokens Input.** - **$10.00 / 1M tokens Output.** ## Technical Specifications - **Chat Mode.** - **128,000 Max Input Tokens.** - **16,384 Max Output Tokens.** - **16,384 Max Tokens.** ## Model Capabilities gpt-5-chat-latest supports: Vision, Reasoning, Prompt Caching, System Messages, Response Schema, PDF Input. ## How Pricing Compares At $1.25 per 1M input tokens and $10.00 per 1M output tokens, gpt-5-chat-latest ranks 2047 out of 2912 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 28% of models in this category. gpt-5-chat-latest is one of 94 OpenAI chat models, one of only 9 chat models combining prompt caching, reasoning, structured output, vision. | Model | Provider | Input $/1M | Output $/1M | vs gpt-5-chat-latest | | --- | --- | --- | --- | --- | | apac.anthropic.claude-haiku-4-5-20251001-v1:0 | AWS Bedrock | $1.10 | $5.50 | -12% | | gpt-5-2025-08-07 | Azure | $1.38 | $11.00 | +10% | | gpt-5.1 | Azure | $1.38 | $11.00 | +10% | | gpt-5.1-chat | Azure | $1.38 | $11.00 | +10% | | gpt-5.1-2025-11-13 | Azure | $1.25 | $10.00 | 0% | ## More from OpenAI - [gpt-5 ($1.25/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5.md) - [gpt-5.1 ($1.25/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5.1.md) - [gpt-5.1-2025-11-13 ($1.25/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5.1-2025-11-13.md) - [gpt-5.1-chat-latest ($1.25/1M input)](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5.1-chat-latest.md) ## Related Resources - [OpenAI status](https://www.getmaxim.ai/bifrost/provider-status/openai.md) - [gpt-5-chat-latest specifications](https://www.getmaxim.ai/bifrost/model-library/compare/openai/gpt-5-chat-latest.md) - [All OpenAI pricing](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai.md) ## FAQ ### Is gpt-5-chat-latest cheaper than apac.anthropic.claude-haiku-4-5-20251001-v1:0? No. gpt-5-chat-latest costs $1.25 per 1M input tokens while apac.anthropic.claude-haiku-4-5-20251001-v1:0 costs $1.10 per 1M input tokens, making apac.anthropic.claude-haiku-4-5-20251001-v1:0 12% more affordable for input. However, gpt-5-chat-latest may offer different capabilities or performance characteristics that justify the price difference. ### How does gpt-5-chat-latest pricing compare to the average chat model? gpt-5-chat-latest input pricing is $1.25 per 1M tokens, which is 127% above the median of $0.55 for chat models. It ranks 2047 out of 2912 chat models by input cost, making it cheaper than 28% of models in this category. For output, it costs $10.00 per 1M tokens compared to the median of $1.50. ### What makes gpt-5-chat-latest different from other OpenAI models? Among OpenAI's 94 chat models, gpt-5-chat-latest ranks 39 by input cost. Its combination of prompt caching, reasoning, structured output, vision is shared by only 8 other chat models. ### What are the best alternatives to gpt-5-chat-latest? The most comparable chat models to gpt-5-chat-latest are: apac.anthropic.claude-haiku-4-5-20251001-v1:0 from AWS Bedrock ($1.10/1M input tokens); gpt-5-2025-08-07 from Azure ($1.38/1M input tokens); gpt-5.1 from Azure ($1.38/1M input tokens); gpt-5.1-chat from Azure ($1.38/1M 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 gpt-5-chat-latest costs? gpt-5-chat-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 $1.25 and generating 1M output tokens costs $10.00. ## 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/gpt-5-chat-latest](https://www.getmaxim.ai/bifrost/llm-cost-calculator/provider/openai/model/gpt-5-chat-latest) for AI/LLM consumption.*