Openai Pricing & Plans (2023 Updated)

Hey there! Upendra Varma here, and today we're diving into the world of Openai pricing. OpenAI is a fantastic B2B SaaS product that offers a range of language models, image models, audio models, and more. Whether you're a tech enthusiast or a business owner, OpenAI has something for everyone. So, let's explore the pricing plans and costs to help you find the perfect fit for your needs.

But before we get started, if you want to check out OpenAI's website, you can find it here. Now, let's jump right into it!

OpenAI Pricing: Plans

OpenAI offers multiple plans, each with different capabilities and price points. Let's take a closer look at some of the key models and their respective pricing:


  • 8K context:

– Input: $0.03 / 1K tokens

– Output: $0.06 / 1K tokens

  • 32K context:

– Input: $0.06 / 1K tokens

– Output: $0.12 / 1K tokens

GPT-3.5 Turbo

GPT-3.5 Turbo models are not only capable but also cost-effective. Here are the pricing details:

  • 4K context:

– Input: $0.0015 / 1K tokens

– Output: $0.002 / 1K tokens

  • 16K context:

– Input: $0.003 / 1K tokens

– Output: $0.004 / 1K tokens

Fine-tuning models

If you're looking for fine-tuning models, OpenAI has got you covered. Here are a couple of options:

  • babbage-002:

– Training: $0.0004 / 1K tokens

– Input usage: $0.0016 / 1K tokens

– Output usage: $0.0016 / 1K tokens

  • davinci-002:

– Training: $0.0060 / 1K tokens

– Input usage: $0.0120 / 1K tokens

– Output usage: $0.0120 / 1K tokens

Embedding models

OpenAI also offers embedding models. Here's a popular one:

  • Ada v2:

– Usage: $0.0001 / 1K tokens

Base models

For those looking for the basics, OpenAI has some affordable options:

  • babbage-002:

– Usage: $0.0004 / 1K tokens

  • davinci-002:

– Usage: $0.0020 / 1K tokens

OpenAI Pricing: Which plan to pick?

Now that we've explored the different plans, you might be wondering which one to choose. Well, it depends on your specific needs and budget. Here are a few recommendations based on different use cases:

  • If you need extensive context and want to go for the top-of-the-line model, GPT-4 with 32K context is perfect for you. It offers the highest capabilities but comes at a slightly higher price.
  • If you're looking for a balance between cost and performance, GPT-3.5 Turbo is a great option. It offers cost-effective models optimized for dialog and comes in various context sizes.
  • If you're a developer looking to fine-tune models, babbage-002 and davinci-002 are worth considering. They offer training capabilities at different price points.

OpenAI Pricing: Is it for you?

Now, let's talk about whether OpenAI pricing is suitable for you. Here are a few scenarios where OpenAI could be a great fit:

  • If you're a tech enthusiast or a developer, OpenAI provides a range of models to experiment with and unleash your creativity. It's a playground for innovation!
  • If you're a business owner, OpenAI can help streamline user experiences, combat fraud (just like Stripe does), or even organize your vast knowledge base (just like Morgan Stanley).
  • If you're part of the AI research community, OpenAI offers cutting-edge models for your experiments and studies.

To dig deeper into OpenAI and its features, be sure to check out my in-depth review article on my blog openai review.


In conclusion, OpenAI offers a wide range of plans and pricing options to suit different needs and budgets. Whether you're looking for extensive context, fine-tuning capabilities, or cost-effective models, OpenAI has you covered.

To stay up-to-date with the latest in SaaS products and read more reviews, don't forget to visit my blog saas blog. And remember, OpenAI is just a click away at Happy exploring!


Upendra Varma

Upendra Varma

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