# deepseek-r2 pricing

> deepseek-r2 costs $0.55 per 1M input tokens and $2.20 per 1M output tokens. Compare against cheaper alternatives and estimate your monthly bill — free, no login.

Source: https://tokenomy.ai/models/deepseek-r2
Last updated: 2026-09-12
Publisher: Tokenomy — FinOps for AI
License: free to quote with attribution and a link to the source URL.

## Answer

deepseek-r2 costs $0.55 per 1M input tokens and $2.20 per 1M output tokens as of 2026-09-12. A workload of 10M input and 2M output tokens per month runs $9.90. The cheapest comparable alternative is glm-5.2 at $1.40 per 1M output tokens.

deepseek-r2 is priced at $0.55 per 1M input tokens and $2.20 per 1M output tokens, with roughly 300 ms to first token and about 45 tokens/sec output throughput.

## Price per 1M tokens

Input $0.55 · Output $2.20 · Output/input ratio 4.0x.

- 1M input + 1M output tokens: $2.75
- 10M input + 2M output tokens/month: $9.90
- 100M input + 20M output tokens/month: $99.00

## Cheaper alternatives to deepseek-r2

Same workload, lower output price. Validate quality before switching.

- gpt-4.1-mini — $2.00/1M output (9% cheaper)
- mistral-medium-3 — $2.00/1M output (9% cheaper)
- gpt-4o-mini — $1.50/1M output (32% cheaper)
- glm-5.2 — $1.40/1M output (36% cheaper)

## How much are you wasting on deepseek-r2?

Price lists are the easy part. Run the free waste scanner on your usage export to see which calls should have run on a cheaper tier, which prompts are oversized, and which retries you paid for twice — with dollars recoverable per finding.

## Frequently asked questions

### How much does deepseek-r2 cost per million tokens?

$0.55 per 1M input tokens and $2.20 per 1M output tokens, as listed on 2026-09-12.

### What does deepseek-r2 cost per month at typical usage?

At 10M input and 2M output tokens per month, deepseek-r2 costs about $9.90. At 100M input and 20M output tokens it costs about $99.00.

### Is there a cheaper alternative to deepseek-r2?

Yes. gpt-4.1-mini at $2.00/1M output, mistral-medium-3 at $2.00/1M output, gpt-4o-mini at $1.50/1M output, glm-5.2 at $1.40/1M output. Validate quality on your own evaluation set before switching.

### How fast is deepseek-r2?

Roughly 300 ms to first token and about 45 output tokens per second.

## Related pages

- [Scan your AI spend free](https://tokenomy.ai/waste)
- [All model pricing](https://tokenomy.ai/models)
- [gpt-4.1-mini pricing](https://tokenomy.ai/models/gpt-4-1-mini)
- [mistral-medium-3 pricing](https://tokenomy.ai/models/mistral-medium-3)
- [gpt-4o-mini pricing](https://tokenomy.ai/models/gpt-4o-mini)
- [Token cost calculator](https://tokenomy.ai/tools/token-calculator)