Calculate the cost of using llama-3-2-3b-instruct from IBM watsonx for your AI applications
Pricing data last updated:
Mode: Chat
Max: 128,000 tokens
Max: 128,000 tokens
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llama-3-2-3b-instruct is a chat model from IBM watsonx, one of 28 chat models they offer. It is priced at $0.15 per 1M input tokens and $0.15 per 1M output tokens, ranking 481 out of 2168 chat models by cost and cheaper than 77% of models in this category. llama-3-2-3b-instruct supports function calling. 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 128,000 tokens.
At $0.15 per 1M input tokens and $0.15 per 1M output tokens, llama-3-2-3b-instruct ranks 481 out of 2168 chat models by input cost. It is more affordable compared to the median of $0.55 for chat models, and is cheaper than 77% of models in this category.
llama-3-2-3b-instruct is one of 28 IBM watsonx chat models, with support for function calling.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs llama-3-2-3b-instruct |
|---|---|---|---|---|
| Mistral-7B-Instruct-v0.1 | Anyscale | $0.15 | $0.15 | 0% |
| Mixtral-8x7B-Instruct-v0.1 | Anyscale | $0.15 | $0.15 | 0% |
| gpt-oss-120b | Azure | $0.15 | $0.60 | 0% |
Similar chat models from other providers
No. llama-3-2-3b-instruct costs $0.15 per 1M input tokens while Mistral-7B-Instruct-v0.1 costs $0.15 per 1M input tokens, making Mistral-7B-Instruct-v0.1 0% more affordable for input. However, llama-3-2-3b-instruct may offer different capabilities or performance characteristics that justify the price difference.
llama-3-2-3b-instruct input pricing is $0.15 per 1M tokens, which is 73% below the median of $0.55 for chat models. It ranks 481 out of 2168 chat models by input cost, making it cheaper than 77% of models in this category. For output, it costs $0.15 per 1M tokens compared to the median of $1.44.
Among IBM watsonx's 28 chat models, llama-3-2-3b-instruct ranks 7 by input cost.
The most comparable chat models to llama-3-2-3b-instruct are: Mistral-7B-Instruct-v0.1 from Anyscale ($0.15/1M input tokens); Mixtral-8x7B-Instruct-v0.1 from Anyscale ($0.15/1M input tokens); gpt-oss-120b from Azure ($0.15/1M input tokens); gpt-4o-mini-2024-07-18 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.
llama-3-2-3b-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 $0.15 and generating 1M output tokens costs $0.15.
