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Comprehensive analysis based on the latest model metadata from the comparison table above.
At $0.59 per 1M input tokens and $0.79 per 1M output tokens, llama-3-70b ranks 1834 out of 3648 chat models by input cost. It is competitively priced compared to the median of $0.57 for chat models, and is cheaper than 50% of models in this category.