Updated May 24, 2026

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Cheapest AI Models in 2026

Lowest published API pricing per million tokens — sorted by typical input cost. Output tokens often cost more; check both columns on the main leaderboard.

Nova Micro and Gemma 3 27B sit at the bottom of the price curve. DeepSeek V4 Flash offers a strong balance of low cost and solid GPQA/SWE scores for production workloads.

Cheapest LLMs by API price (input / output per 1M tokens)
#ModelProviderI/O costGPQASWE-Bench
1Nova MicroAmazon$0.04 / $0.14
2Gemma 3 27BGoogle$0.07 / $0.0742.6%11.4%
3DeepSeek V4 FlashDeepSeek$0.08 / $0.2879.4%68.2%
4Gemini 2.0 FlashGoogle$0.1 / $0.474.1%53.2%
5Gemini 2.5 FlashGoogle$0.15 / $0.680.3%61.4%
6Mistral Small 4Mistral$0.15 / $0.6068.9%49.2%
7GPT-5.4 NanoOpenAI$0.20 / $1.2568.5%42.1%
8Grok 4.1 FastxAI$0.20 / $0.5072.8%51.2%
9Gemini 3.1 Flash-LiteGoogle$0.25 / $1.5086.9%62.8%
10DeepSeek V4 ProDeepSeek$0.30 / $0.5087.1%81%
11MiniMax M2MiniMax$0.30 / $1.2078.2%68.5%
12GPT-4.1 miniOpenAI$0.4 / $1.671.2%52.1%

Cost vs quality

Cheapest is not always best. Budget models excel at high-volume simple tasks; use frontier models when accuracy on complex reasoning or coding matters. Compare head-to-head on the main compare tool.

See all 45 models with live benchmarks, speed, and pricing.

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