Cost as documents-per-query grows

Same rates as above, average documents reranked per query varied across a representative range (queries/month and token sizes held fixed). Watch the "cliff" every time doc count crosses a multiple of 100 for Cohere, versus the smooth per-token climb for Voyage AI and Jina AI.

Docs / queryCohereVoyage AIJina AICheapest

Two fundamentally different reranker billing shapes

Cohere Rerank meters usage in whole "search units": one search unit covers one query plus up to 100 documents, with each document capped at 500 tokens. If a query sends more than 100 documents, or any document exceeds the 500-token cap, the overflow rounds up into an additional whole search unit β€” so reranking 101 documents costs exactly the same as reranking 200. The formula this calculator uses is effectiveDocs = docs Γ— ceil(tokensPerDoc / 500); units = ceil(effectiveDocs / 100); searches = queries Γ— units; cost = searches / 1000 Γ— rate (rate β‰ˆ $2.00/1,000 searches for Rerank 3.5 and Rerank 4 Fast, β‰ˆ$2.50/1,000 for Rerank 4 Pro). Voyage AI and Jina AI instead bill every token actually processed β€” query text plus every candidate document's tokens β€” with no bundled headroom and no rounding cliff: tokens = queries Γ— (docs Γ— tokensPerDoc + queryTokens); cost = tokens / 1,000,000 Γ— rate (Voyage rerank-2.5 β‰ˆ$0.05/1M tokens, rerank-2.5-lite β‰ˆ$0.02/1M tokens; Jina jina-reranker-v2-base-multilingual β‰ˆ$0.02/1M tokens, jina-reranker-v3.5 β‰ˆ$0.05/1M tokens).

The practical effect: most RAG pipelines only rerank a shortlist of 10-50 candidate chunks per query, well under Cohere's 100-document ceiling β€” which means you're paying for a full search unit sized for up to 100 documents even though you're using a fraction of it, and the token-based vendors usually come out cheaper. Cohere becomes more competitive once a pipeline consistently reranks close to the full 100-document cap, since at that point you're actually using the headroom you're paying for. Watch document counts that sit just above a multiple of 100 (101, 201, 301…) β€” that's where Cohere's cost jumps hardest relative to the token-based vendors. Run your own query volume and document count through the calculator above instead of comparing headline per-unit or per-token rates in isolation.

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