Cheapest AI models that are still good
Price per million tokens only means something next to a capability score. This is the whole table ordered by cost, cheapest first.
- 1
Claude Haiku 5.5 · Anthropic
Ten cents a million and, per the people using it, smarter than the other ten-cent model; mind the 100K cliff.
Caveat: Price jumps five-fold above 100K input tokens, which commenters call an absurdly low cutoff for agent runs.
- 2
GPT-6 Luna · OpenAI
OpenAI's ten-cent model: the one every ChatGPT Free user now has, and the one Haiku users keep comparing themselves to.
- 3
DeepSeek Flash (4.1) · DeepSeek
The reason a thousand people argued on Hacker News this week: frontier-adjacent coding for pocket change, with the caveats you would expect.
Caveat: Open-weights status and licence not verified from a primary source at time of writing.
- 4
Muse Spark 1.3 · Meta
The fastest thing in the table by a distance, and the one to beat on the stress benchmark nobody else talks about.
- 5
Gemini 4 Argon · Google
Wins the popularity contest: first on Arena, mid-pack on the index, and priced like a workhorse.
Caveat: Google's public pricing page did not list Argon when read; the blended figure is Artificial Analysis' estimate.
- 6
Kimi K3 · Moonshot
The highest-placed open-licence model on Arena, and the one most teams have not tried yet.
Caveat: Price is Artificial Analysis' blended figure, not a vendor list price; context not verified from a primary source.
- 7
Grok 4.7 · xAI
Mid-table on the index at a frontier price, with a smaller context window than everyone above it.
Caveat: 500K context is the smallest in the table.
- 8
Claude Sonnet 5.5 · Anthropic
The value pick of the table: second on the index at a fifth of the Opus price, and the fastest of the top five.
- 9
GPT-6.1 Sol · OpenAI
Near-Astra intelligence at a fifth of the price, which is OpenAI's own line and, for once, the index agrees.
- 10
Claude Opus 5.5 · Anthropic
The model people actually ship agents on: top of the independent index, a price that does not need a budget meeting, and a community that complains mainly about how much it has to be used.
Caveat: Arena puts Gemini 4 Argon ahead on chat preference; the gap is inside two scores' error bars.
- 11
GPT-6 Astra · OpenAI
The reasoning heavyweight: leads the hardest exams and the cipher-cracking party tricks, and charges like it.
Caveat: Long-context pricing doubles above 272K input tokens.
- 12
Claude Fable 5.1 · Anthropic
The specialist: Anthropic's own docs say to reach for it when Opus 5.5 at high effort still falls short, and the price says the same.
Caveat: Ten dollars per million input is the highest in this table alongside Astra.
Head to head
Questions people ask
What is the best AI model for the money right now?
Claude Haiku 5.5 (Anthropic) leads this list as of October 2026: Ten cents a million and, per the people using it, smarter than the other ten-cent model; mind the 100K cliff. It costs $0.10 per million input tokens and $0.50 per million output tokens on the vendor's list price.
What is the runner-up for the money?
GPT-6 Luna (OpenAI): OpenAI's ten-cent model: the one every ChatGPT Free user now has, and the one Haiku users keep comparing themselves to.
How is this list ranked?
By blended price per million tokens (three input tokens to one output), cheapest first, with each model’s independent Intelligence Index shown alongside so cost can be read against capability.
Other jobs
Every figure links to its source on the model profile pages. Vendor figures are labelled as vendor figures and never counted as independent.