Calculate the cost of using text-embedding-005 from Vercel Ai Gateway for your AI applications
Pricing data last updated:
Mode: Embedding
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text-embedding-005 is an embedding model from Vercel Ai Gateway, one of 6 embedding models they offer. It is priced at $0.02 per 1M input tokens and $0.0000 per 1M output tokens, ranking 16 out of 96 embedding models by cost and cheaper than 82% of models in this category. It accepts up to 0K input tokens.
Note: Use the interactive calculator above to estimate costs for your specific usage patterns.
At $0.02 per 1M input tokens and $0.0000 per 1M output tokens, text-embedding-005 ranks 16 out of 96 embedding models by input cost. It is more affordable compared to the median of $0.10 for embedding models, and is cheaper than 82% of models in this category.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs text-embedding-005 |
|---|---|---|---|---|
| text-embedding-3-small | Azure | $0.02 | $0.0000 | -20% |
| pplx-embed-v1-4b | Perplexity | $0.03 | $0.0000 | +20% |
| text-embedding-3-small | OpenAI | $0.02 | $0.0000 | -20% |
Similar embedding models from other providers
No. text-embedding-005 costs $0.02 per 1M input tokens while text-embedding-3-small costs $0.02 per 1M input tokens, making text-embedding-3-small 20% more affordable for input. However, text-embedding-005 may offer different capabilities or performance characteristics that justify the price difference.
text-embedding-005 input pricing is $0.02 per 1M tokens, which is 75% below the median of $0.10 for embedding models. It ranks 16 out of 96 embedding models by input cost, making it cheaper than 82% of models in this category. For output, it costs $0.0000 per 1M tokens compared to the median of $0.02.
Among Vercel Ai Gateway's 6 embedding models, text-embedding-005 ranks 2 by input cost.
The most comparable embedding models to text-embedding-005 are: text-embedding-3-small from Azure ($0.02/1M input tokens); pplx-embed-v1-4b from Perplexity ($0.03/1M input tokens); text-embedding-3-small from OpenAI ($0.02/1M input tokens); voyage-3-lite from Voyage ($0.02/1M 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.
text-embedding-005 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 $0.02 and generating 1M output tokens costs $0.0000.
