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GPT-5.4 Pricing

OpenAI · gpt-5-4

Input / 1M tokens
$2.50
Output / 1M tokens
$15.00
Context window
1050k tokens
1,400 pages of text
Max output
128k tokens

What it costs in practice

Estimate your own workloadOpens the calculator with GPT-5.4 preloaded — adjust volume and token counts there.

Price history

Only one price point recorded so far.

The staircase chart appears once a price change is detected.

What it excels at

Excellent general-purpose reasoning and broad world knowledge, with strong performance on coding, math, and multi-modal (image + file) inputs.

The business tradeoff

Output tokens are priced well above input tokens, so verbose responses dominate cost — tight max-token limits and prompt caching matter.

Cheaper from OpenAI

Same tier from other providers

Head-to-head

Vendor list rates, as of Jun 15, 2026 · source: openrouter · per-request examples assume 1,200 input + 400 output tokens.