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GPT Chat Latest Pricing

OpenAI · openai-gpt-chat-latest

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Input / 1M tokens
$5.00
Output / 1M tokens
$30.00
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 Chat Latest 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 results on multi-step reasoning, code generation, and vision tasks with support for very large contexts.

The business tradeoff

High output-token pricing; large contexts can increase latency and total cost for production workloads.

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.