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granite-3-8b-instruct Cost Calculator - IBM watsonx

Calculate the cost of using granite-3-8b-instruct from IBM watsonx for your AI applications

Pricing data last updated:

granite-3-8b-instruct Cost Calculator

Mode: Chat

Max: 8,192 tokens

Max: 1,024 tokens

Cost Breakdown

Input Cost$0.00020000
Output Cost$0.00020000
Total Cost$0.00040000

Pricing Details

Input: $0.0000002000 per token
Output: $0.0000002000 per token
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Model Specifications

Capabilities

Function Calling

Limits

Max Input Tokens8,192
Max Output Tokens1,024
Max Tokens1,024

About granite-3-8b-instruct

granite-3-8b-instruct is a chat model from IBM watsonx, one of 28 chat models they offer. It is priced at $0.20 per 1M input tokens and $0.20 per 1M output tokens, ranking 597 out of 2172 chat models by cost and cheaper than 68% of models in this category. granite-3-8b-instruct supports function calling, prompt caching, structured output. It accepts up to 8K input tokens.

Pricing Information

Input Cost$0.20 per 1M tokens
Output Cost$0.20 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 Tokens1,024
Maximum Total Tokens1,024

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 1,024 tokens.

Model Capabilities

Function Calling - Execute custom functions and tools
Prompt Caching - Optimize repeated prompts
System Messages - Configure model behavior
Response Schema - Structured output formatting

How granite-3-8b-instruct Pricing Compares

At $0.20 per 1M input tokens and $0.20 per 1M output tokens, granite-3-8b-instruct ranks 597 out of 2172 chat models by input cost. It is more affordable compared to the median of $0.55 for chat models, and is cheaper than 68% of models in this category.

granite-3-8b-instruct is one of 28 IBM watsonx chat models, with support for function calling, prompt caching, structured output.

ModelProviderInput / 1M tokensOutput / 1M tokensvs granite-3-8b-instruct
gpt-5.4-nanoAzure$0.20$1.250%
gpt-5.4-nano-2026-03-17Azure$0.20$1.250%
gpt-4o-mini-2024-07-18Azure$0.17$0.66-17%

Alternatives to granite-3-8b-instruct

Similar chat models from other providers

Azure
gpt-5.4-nano
$0.20/1M input
0% vs granite-3-8b-instruct
Azure
gpt-5.4-nano-2026-03-17
$0.20/1M input
0% vs granite-3-8b-instruct
Azure
gpt-4o-mini-2024-07-18
$0.17/1M input
-17% vs granite-3-8b-instruct
Azure
gpt-4o-mini
$0.17/1M input
-17% vs granite-3-8b-instruct
Azure
gpt-5-mini
$0.25/1M input
+25% vs granite-3-8b-instruct

Frequently Asked Questions

Is granite-3-8b-instruct cheaper than gpt-5.4-nano?

No. granite-3-8b-instruct costs $0.20 per 1M input tokens while gpt-5.4-nano costs $0.20 per 1M input tokens, making gpt-5.4-nano 0% more affordable for input. However, granite-3-8b-instruct may offer different capabilities or performance characteristics that justify the price difference.

How does granite-3-8b-instruct pricing compare to the average chat model?

granite-3-8b-instruct input pricing is $0.20 per 1M tokens, which is 64% below the median of $0.55 for chat models. It ranks 597 out of 2172 chat models by input cost, making it cheaper than 68% of models in this category. For output, it costs $0.20 per 1M tokens compared to the median of $1.48.

What makes granite-3-8b-instruct different from other IBM watsonx models?

Among IBM watsonx's 28 chat models, granite-3-8b-instruct ranks 9 by input cost.

What are the best alternatives to granite-3-8b-instruct?

The most comparable chat models to granite-3-8b-instruct are: gpt-5.4-nano from Azure ($0.20/1M input tokens); gpt-5.4-nano-2026-03-17 from Azure ($0.20/1M input tokens); gpt-4o-mini-2024-07-18 from Azure ($0.17/1M input tokens); gpt-4o-mini from Azure ($0.17/1M 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 granite-3-8b-instruct costs?

granite-3-8b-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 $0.20 and generating 1M output tokens costs $0.20.