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Balanced — strong quality at a mid priceOpen Weights
Llama 3.1 70B Instruct Pricing
Meta · meta-llama-llama-3-1-70b-instruct
Input / 1M tokens
$0.400
Output / 1M tokens
$0.400
Context window
131,072 tokens
≈ 175 pages of text
Max output
16,384 tokens
What it costs in practice
Typical request (1,200 in + 400 out tokens)$0.0006
1,000 requests / month$0.64/mo10,000 requests / month$6.40/mo100,000 requests / month$64.00/moEstimate your own workloadOpens the calculator with Llama 3.1 70B Instruct 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
Strong performance on instruction following, coding, and multilingual tasks with 128k context support. Competitive results on standard benchmarks at low per-token cost.
The business tradeoff
Quality and latency depend on hosting provider; lacks native tool-use and vision capabilities present in some closed models of similar size.
Cheaper from Meta
Head-to-head
Vendor list rates, as of Jun 15, 2026 · source: openrouter · per-request examples assume 1,200 input + 400 output tokens.