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★ FeaturedFlashfastest and cheapest, lighter reasoningCommercial API

GPT-5.4 Nano Pricing

OpenAI · gpt-5-4-nano

Input / 1M tokens
$0.200
Output / 1M tokens
$1.25
Context window
400k tokens
533 pages of text
Max output
128k tokens

What it costs in practice

Estimate your own workloadOpens the calculator with GPT-5.4 Nano 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

Cheapest OpenAI option for high-throughput classification, tagging, and routing — ideal as a first-pass filter before a stronger model.

The business tradeoff

Limited reasoning depth means it should be treated as a triage layer, not a final answer source, for anything business-critical.

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.