GPT-5 vs GPT-4o: API pricing
OpenAI's GPT-5 against OpenAI's GPT-4o on price alone — per-token rates, caching, and context window. Run your own workload through both with the calculator below; capability differences are yours to judge on your evals.
Prices last synced Aug 20, 2026 from the LiteLLM community price catalog — the same catalog Marginal prices real usage events against, refreshed daily. Spot an error? Tell us.
Price takeaways
- Input: GPT-5 is 2x cheaper.
- Output: effectively the same price.
- Cached input: GPT-5 is 10x cheaper.
- Ratios shift with workload shape — output-heavy traffic weights the output rate, cache-friendly traffic weights the cached rate. The calculator below does the arithmetic on your numbers.
Your workload on both
Your monthly workload
Cache hit rate = share of input tokens served from the provider's prompt cache, billed at the model's cached-input price. Estimates use standard per-token rates — batch discounts, service tiers, and long-context surcharges are not applied.
| Model | Input | Cached input | Output | Per request | Monthly |
|---|---|---|---|---|---|
| GPT-5cheapest | $750 | $50.00 | $2,500 | $0.00660 | $3,300 |
| GPT-4o | $1,500 | $500 | $2,500 | $0.00900 | $4,500 |
Related comparisons
Switching models? Watch the bill move in real time.
Marginal prices every call against that day's rates, so an A/B between these two shows up as dollars per customer and feature — not a surprise at month end.