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gpt-3.5-turbo-instruct Cost Calculator - Text-completion-openai

Calculate the cost of using gpt-3.5-turbo-instruct from Text-completion-openai for your AI applications

Pricing data last updated:

gpt-3.5-turbo-instruct Cost Calculator

Mode: Completion

Max: 8,192 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 Tokens8,192
Max Output Tokens4,096
Max Tokens4,096

About gpt-3.5-turbo-instruct

gpt-3.5-turbo-instruct is a completion model from Text-completion-openai, one of 6 completion models they offer. It is priced at $1.50 per 1M input tokens and $2.00 per 1M output tokens, ranking 13 out of 22 completion models by cost and cheaper than 36% of models in this category. It accepts up to 8K input tokens.

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 Tokens8,192
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 8,192 input tokens. The maximum output length is 4,096 tokens.

How gpt-3.5-turbo-instruct Pricing Compares

At $1.50 per 1M input tokens and $2.00 per 1M output tokens, gpt-3.5-turbo-instruct ranks 13 out of 22 completion models by input cost. It is competitively priced compared to the median of $1.50 for completion models, and is cheaper than 36% of models in this category.

ModelProviderInput / 1M tokensOutput / 1M tokensvs gpt-3.5-turbo-instruct
gpt-3.5-turbo-instruct-0914Azure Text$1.50$2.000%
gpt-35-turbo-instructAzure Text$1.50$2.000%
gpt-35-turbo-instruct-0914Azure Text$1.50$2.000%

Alternatives to gpt-3.5-turbo-instruct

Similar completion models from other providers

Azure Text
gpt-3.5-turbo-instruct-0914
$1.50/1M input
0% vs gpt-3.5-turbo-instruct
Azure Text
gpt-35-turbo-instruct
$1.50/1M input
0% vs gpt-3.5-turbo-instruct
Azure Text
gpt-35-turbo-instruct-0914
$1.50/1M input
0% vs gpt-3.5-turbo-instruct
Cohere
command
$1.00/1M input
-33% vs gpt-3.5-turbo-instruct
Cohere
command-nightly
$1.00/1M input
-33% vs gpt-3.5-turbo-instruct

Frequently Asked Questions

Is gpt-3.5-turbo-instruct cheaper than gpt-3.5-turbo-instruct-0914?

No. gpt-3.5-turbo-instruct costs $1.50 per 1M input tokens while gpt-3.5-turbo-instruct-0914 costs $1.50 per 1M input tokens, making gpt-3.5-turbo-instruct-0914 0% more affordable for input. However, gpt-3.5-turbo-instruct may offer different capabilities or performance characteristics that justify the price difference.

How does gpt-3.5-turbo-instruct pricing compare to the average completion model?

gpt-3.5-turbo-instruct input pricing is $1.50 per 1M tokens, which is 0% at the median of $1.50 for completion models. It ranks 13 out of 22 completion models by input cost, making it cheaper than 36% of models in this category. For output, it costs $2.00 per 1M tokens compared to the median of $2.00.

What makes gpt-3.5-turbo-instruct different from other Text-completion-openai models?

Among Text-completion-openai's 6 completion models, gpt-3.5-turbo-instruct ranks 2 by input cost.

What are the best alternatives to gpt-3.5-turbo-instruct?

The most comparable completion models to gpt-3.5-turbo-instruct are: gpt-3.5-turbo-instruct-0914 from Azure Text ($1.50/1M input tokens); gpt-35-turbo-instruct from Azure Text ($1.50/1M input tokens); gpt-35-turbo-instruct-0914 from Azure Text ($1.50/1M input tokens); command from Cohere ($1.00/1M 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.

How do I calculate gpt-3.5-turbo-instruct costs?

gpt-3.5-turbo-instruct 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 $1.50 and generating 1M output tokens costs $2.00.