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GPT-5 Pricing

OpenAI · openai-gpt-5

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Input / 1M tokens
$1.25
Output / 1M tokens
$10.00
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 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

Excels at long-context reasoning and multi-step analysis over large documents or codebases. Supports high-volume structured output generation.

The business tradeoff

Elevated output-token pricing relative to input; commercial API only with no on-premise deployment option.

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.