Frequently asked questions
How much have LLM API prices dropped?
Roughly 80% between early 2025 and early 2026. Frontier-quality output that cost $10โ15 per million tokens is now available for a few dollars, and budget models have fallen below $0.20 per million input tokens. Staying on a year-old model often means paying several times the current rate for the same quality.
How often should I re-check model pricing?
Quarterly at least. New models and price cuts land constantly, so re-benchmark your actual prompts against current options every few months. Often a newer or smaller model matches your quality bar at a fraction of the cost โ the switch is a pure margin win.