o3 pricing
o3 is priced at $10.00 per 1M input tokens and $40.00 per 1M output tokens, with roughly 400 ms to first token and about 50 tokens/sec output throughput.
Price per 1M tokens
Input $10.00 · Output $40.00 · Output/input ratio 4.0x.
- 1M input + 1M output tokens: $50.00
- 10M input + 2M output tokens/month: $180.00
- 100M input + 20M output tokens/month: $1800.00
Cheaper alternatives to o3
Same workload, lower output price. Validate quality before switching.
- o4 — $32.00/1M output (20% cheaper)
- claude-fable-5 — $22.00/1M output (45% cheaper)
- gpt-5.6-sol — $18.00/1M output (55% cheaper)
- gpt-4o — $15.00/1M output (63% cheaper)
How much are you wasting on o3?
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.