GPT Token Cost Insights: Your Go-To App - GPT Calculator

Are you tired of manually calculating the costs of using different GPT models for your projects? Look no further! Introducing the GPT Calculator, your go-to app for easily determining the token costs of various models. Whether you're working with GPT-4, GPT-3.5 Turbo, Ada v2, or davinci-002, this handy tool has got you covered.

GPT-4

GPT-4, the latest iteration of the popular language model, offers two context sizes: 8K and 32K. Let's take a look at the token costs associated with each:

8K context: $0.03 per 1K tokens for the first 1 billion tokens, and $0.06 per 1K tokens thereafter.
32K context: $0.06 per 1K tokens for the first 1 billion tokens, and $0.12 per 1K tokens thereafter.

GPT-4 is known for its impressive capabilities and larger context sizes, making it an ideal choice for complex projects that require extensive contextual understanding.

GPT-3.5 Turbo

If you're looking for a balance between cost and performance, GPT-3.5 Turbo might be the model for you. It offers two context sizes: 4K and 16K. Let's explore the token costs associated with each:

4K context: $0.0015 per 1K tokens for the first 1 billion tokens, and $0.002 per 1K tokens thereafter.
16K context: $0.003 per 1K tokens for the first 1 billion tokens, and $0.004 per 1K tokens thereafter.

GPT-3.5 Turbo combines cost-effectiveness with remarkable language understanding, making it a popular choice for various applications.

Ada v2

Ada v2 is a lightweight model that offers cost-efficient language processing. With a token cost of $0.0001 per 1K tokens, it provides a budget-friendly option for projects with low complexity. Although it may not have the extensive context sizes of GPT-4 or GPT-3.5 Turbo, Ada v2 can still deliver satisfactory results.

davinci-002

For those seeking advanced language processing capabilities, davinci-002 is the model to consider. With a token cost of $0.0020 per 1K tokens, this model provides state-of-the-art language understanding and can handle complex tasks. If your project demands high-quality results and you have a slightly higher budget, davinci-002 is worth exploring.

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