LLM Token Cost Calculator

Free LLM token cost calculator. Compare API pricing per 1M tokens for OpenAI, Claude and Gemini, and find the break-even vs self-hosting on your own GPU.

Open LLM Token Cost Calculator

What is a LLM Token Cost Calculator?

Every LLM API bills by the token — the small text chunks a model reads and writes, roughly three-quarters of an English word each. Prices are quoted per million tokens, with input (your prompts and context) charged at a much lower rate than output (the model's replies). That split makes real bills hard to predict from a price list: at a typical 4:1 input-to-output ratio, a workload of 50 million tokens per month on GPT-5.4 Mini ($0.75 in / $4.50 out per 1M) works out to about $75 a month — while the same volume on a premium frontier model can cost more than $1,000.

This calculator answers the question price lists can't: at your volume, is the API still the cheap option, or would renting a GPU server and self-hosting an open-weights model save money? It converts a server's rental price, throughput and utilization into an effective cost per million tokens, compares that with the API's blended price at your input:output ratio, and shows the break-even volume — including a capacity check that flags when a single server physically cannot produce the tokens you need.

ValueMeaningExampleBest for
TokenThe unit LLMs bill by, ≈ ¾ of an English word"hello world" ≈ 2–3 tokensEstimating your volume
Input priceDollars per 1M prompt and context tokens$0.75 per 1M (GPT-5.4 Mini)RAG and long-context work
Output priceDollars per 1M generated tokens$4.50 per 1M (GPT-5.4 Mini)Generation-heavy workloads
Blended priceAverage $/1M at your input:output ratio$1.50 per 1M at 4:1Comparing models fairly
ThroughputTokens/sec a self-hosted server produces≈1,500 tok/s (Llama 3.3 70B on an H100)Sizing a self-host rig
UtilizationShare of the month the server does useful work60%Honest self-host math
Break-evenVolume where self-hosting beats the API≈1.4B tokens/mo vs GPT-5.4 MiniThe rent-or-build decision

How it works

1
Enter your usage

Set your monthly token volume and the input : output ratio of your workload.

2
Pick a model and a server

Choose an API model and a rental GPU server — current prices are filled in for you.

3
Read the verdict

See both monthly bills, the effective price per 1M tokens, and the break-even volume.

Watch how it works

A quick tour of the tool.

Perfect for

🧑‍💻 Developers
Estimate the API bill before shipping an AI feature.
🚀 Startups
Find the volume where self-hosting starts to pay off.
📊 Product & finance teams
Budget LLM features with numbers you can defend.
🖥️ Self-hosters
Check whether that GPU server really beats the API.

Popular LLM Token Cost Calculator variants

Purpose-built calculators for the token-cost questions people look up most.

Advertisement

Frequently asked questions

Learn more

Short, practical guides.

See all guides →

Ready to start?

Use TokenForge now. It's free, fast, and requires no signup.

Open LLM Token Cost Calculator