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GPT-3.5 Turbo Pricing

OpenAI · openai-gpt-3-5-turbo

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Input / 1M tokens
$0.500
Output / 1M tokens
$1.50
Context window
16,385 tokens
22 pages of text
Max output
4,096 tokens

What it costs in practice

Estimate your own workloadOpens the calculator with GPT-3.5 Turbo 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

Efficient for high-volume conversational responses, classification, and basic summarization at low latency and cost.

The business tradeoff

Weaker multi-step reasoning and instruction following than current flagships; context window limits long-document tasks.

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.