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Llama-3.1-8B-Instruct Cost Calculator - Wandb

Calculate the cost of using Llama-3.1-8B-Instruct from Wandb for your AI applications

Pricing data last updated:

Llama-3.1-8B-Instruct Cost Calculator

Mode: Chat

Max: 128,000 tokens

Max: 128,000 tokens

Cost Breakdown

Input Cost$0.00022000
Output Cost$0.00022000
Total Cost$0.00044000

Pricing Details

Input: $0.0000002200 per token
Output: $0.0000002200 per token
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Model Specifications

Limits

Max Input Tokens128,000
Max Output Tokens128,000
Max Tokens128,000

About Llama-3.1-8B-Instruct

Llama-3.1-8B-Instruct is a chat model from Wandb, one of 16 chat models they offer. It is priced at $0.22 per 1M input tokens and $0.22 per 1M output tokens, ranking 743 out of 2292 chat models by cost and cheaper than 67% of models in this category. It accepts up to 128K input tokens.

Pricing Information

Input Cost$0.22 per 1M tokens
Output Cost$0.22 per 1M tokens

Note: Use the interactive calculator above to estimate costs for your specific usage patterns.

Technical Specifications

Maximum Input Tokens128,000
Maximum Output Tokens128,000
Maximum Total Tokens128,000

Pro Tip

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 128,000 tokens.

How Llama-3.1-8B-Instruct Pricing Compares

At $0.22 per 1M input tokens and $0.22 per 1M output tokens, Llama-3.1-8B-Instruct ranks 743 out of 2292 chat models by input cost. It is more affordable compared to the median of $0.55 for chat models, and is cheaper than 67% of models in this category.

ModelProviderInput / 1M tokensOutput / 1M tokensvs Llama-3.1-8B-Instruct
ai21.jamba-1-5-mini-v1:0AWS Bedrock$0.20$0.40-9%
anthropic.claude-3-haiku-20240307-v1:0AWS Bedrock$0.25$1.25+14%
Llama-2-13b-chat-hfAnyscale$0.25$0.25+14%

Alternatives to Llama-3.1-8B-Instruct

Similar chat models from other providers

AWS Bedrock
ai21.jamba-1-5-mini-v1:0
$0.20/1M input
-9% vs Llama-3.1-8B-Instruct
AWS Bedrock
anthropic.claude-3-haiku-20240307-v1:0
$0.25/1M input
+14% vs Llama-3.1-8B-Instruct
Anyscale
Llama-2-13b-chat-hf
$0.25/1M input
+14% vs Llama-3.1-8B-Instruct
AWS Bedrock
apac.anthropic.claude-3-haiku-20240307-v1:0
$0.25/1M input
+14% vs Llama-3.1-8B-Instruct
Azure
gpt-5.4-nano
$0.20/1M input
-9% vs Llama-3.1-8B-Instruct

Frequently Asked Questions

Is Llama-3.1-8B-Instruct cheaper than ai21.jamba-1-5-mini-v1:0?

No. Llama-3.1-8B-Instruct costs $0.22 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 9% more affordable for input. However, Llama-3.1-8B-Instruct may offer different capabilities or performance characteristics that justify the price difference.

How does Llama-3.1-8B-Instruct pricing compare to the average chat model?

Llama-3.1-8B-Instruct input pricing is $0.22 per 1M tokens, which is 60% below the median of $0.55 for chat models. It ranks 743 out of 2292 chat models by input cost, making it cheaper than 67% of models in this category. For output, it costs $0.22 per 1M tokens compared to the median of $1.50.

What makes Llama-3.1-8B-Instruct different from other Wandb models?

Among Wandb's 16 chat models, Llama-3.1-8B-Instruct ranks 10 by input cost.

What are the best alternatives to Llama-3.1-8B-Instruct?

The most comparable chat models to Llama-3.1-8B-Instruct are: ai21.jamba-1-5-mini-v1:0 from AWS Bedrock ($0.20/1M input tokens); anthropic.claude-3-haiku-20240307-v1:0 from AWS Bedrock ($0.25/1M input tokens); Llama-2-13b-chat-hf from Anyscale ($0.25/1M input tokens); apac.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.

How do I calculate Llama-3.1-8B-Instruct costs?

Llama-3.1-8B-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 $0.22 and generating 1M output tokens costs $0.22.