Can you explain GPT-4's new pricing model?

MadsDK · Mar 14, 2023

Hey!

Check out the pricing for GPT-4 here:
https://openai.com/pricing

What do the two different context models mean?
And what's the final price for an output? Both the price of "prompt" and "completion" or just one of them?

Castamir · Mar 14, 2023

MadsDK said:
Hey!

Check out the pricing for GPT-4 here:
https://openai.com/pricing

What do the two different context models mean?
And what's the final price for an output? Both the price of "prompt" and "completion" or just one of them?

I think prompt follows output.

SMMBros · Mar 14, 2023

Hey man

Look at the numbers as space in your PC (You know, KBs, MBs ,GBs, TBs etc. -Mega, Gigabytes..)
8K is roughly about 3,000 words

Something like 3-4 letters are 1 token don't get me on this just an average
so your plan choice is based on the amount needed for you to input

So if you need more than about 3,000 words you'll need the 32K

Output is an addition, so you pay prompt + output on completion

the word 'word' is about 1 token

* FYI; I'm long-time way off the field but that's basically about it

MadsDK · Mar 14, 2023

Castamir said:
I think prompt follows output.

Fortunately, it's not as bad as I thought. However, it is still 15x more expensive than GPT-3.5

MadsDK · Mar 14, 2023

iAmHyBreed said:
Hey man

Look at the numbers as space in your PC (You know, KBs, MBs ,GBs, TBs etc. -Mega, Gigabytes..)
8K is roughly about 3,000 words

Something like 3-4 letters are 1 token don't get me on this just an average
so your plan choice is based on the amount needed for you to input

So if you need more than about 3,000 words you'll need the 32K

Output is an addition, so you pay prompt + output on completion

the word 'word' is about 1 token

* FYI; I'm long-time way off the field but that's basically about it

Thank you! Makes sense

robertign0 · Mar 14, 2023

come on... who of us can do it better than the bot itself

Dopious · Mar 14, 2023

You can see a bit on the pricing in this video.

Darthfurby · Mar 14, 2023

GPT-4 requires payment for both prompts and outputs, with the 8k model being cheaper than the 32k model. Prompts have a lower price tag as well.

Or you can use GPT-4 for free thru Microsoft's Bing.

Guntater · Mar 14, 2023

If I understand this correctly, you pay $0.0005 per token for the prompt and $0.001 per token for the completion. For example, if your prompt has 100 tokens and your completion has 200 tokens, you pay $0.15 for that output ($0.05 for the prompt and $0.10 for the completion) where the prompt is the input that you provide to GPT-4, and the completion is the output that GPT-4 generates.

Can you explain GPT-4's new pricing model?

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