Calculate the cost of using llama3.1-8b from Snowflake for your AI applications
Pricing data last updated:
Mode: Chat
Max: 128,000 tokens
Max: 16,384 tokens
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llama3.1-8b is a chat model from Snowflake, one of 19 chat models they offer. It is priced at $0.24 per 1M input tokens and $0.24 per 1M output tokens, ranking 849 out of 2628 chat models by cost and cheaper than 68% of models in this category. It accepts up to 128K 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 128,000 input tokens. The maximum output length is 16,384 tokens.
At $0.24 per 1M input tokens and $0.24 per 1M output tokens, llama3.1-8b ranks 849 out of 2628 chat models by input cost. It is more affordable compared to the median of $0.50 for chat models, and is cheaper than 68% of models in this category.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs llama3.1-8b |
|---|---|---|---|---|
| ai21.jamba-1-5-mini-v1:0 | AWS Bedrock | $0.20 | $0.40 | -17% |
| amazon.nova-2-lite-v1:0 | AWS Bedrock | $0.30 | $2.50 | +25% |
| amazon.titan-text-lite-v1 | AWS Bedrock | $0.30 | $0.40 | +25% |
Similar chat models from other providers
No. llama3.1-8b costs $0.24 per 1M input tokens while ai21.jamba-1-5-mini-v1:0 costs $0.20 per 1M input tokens, making ai21.jamba-1-5-mini-v1:0 17% more affordable for input. However, llama3.1-8b may offer different capabilities or performance characteristics that justify the price difference.
llama3.1-8b input pricing is $0.24 per 1M tokens, which is 52% below the median of $0.50 for chat models. It ranks 849 out of 2628 chat models by input cost, making it cheaper than 68% of models in this category. For output, it costs $0.24 per 1M tokens compared to the median of $1.44.
Among Snowflake's 19 chat models, llama3.1-8b ranks 2 by input cost.
The most comparable chat models to llama3.1-8b are: ai21.jamba-1-5-mini-v1:0 from AWS Bedrock ($0.20/1M input tokens); amazon.nova-2-lite-v1:0 from AWS Bedrock ($0.30/1M input tokens); amazon.titan-text-lite-v1 from AWS Bedrock ($0.30/1M input tokens); anthropic.claude-3-haiku-20240307-v1:0 from AWS Bedrock ($0.25/1M 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.
llama3.1-8b 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 $0.24 and generating 1M output tokens costs $0.24.