Llama 3.1 70B Instruct
$0.40 per 1M input tokens and $0.40 per 1M output tokens · 131K context · tools, JSON, open weights.
Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026
What Llama 3.1 70B Instruct costs per month
Estimated monthly bill for typical workloads. Try your own numbers in the cost calculator.
| Workload | Per month |
|---|---|
| Customer chatbot 1,000 conversations a day, 8 turns each | $178 |
| Document Q&A (RAG) 500 questions a day over retrieved documents | $39.00 |
| Coding / tool-using agent 200 tasks a day, long tool-heavy contexts | $154 |
| Content generation 30 long articles a day | $1.98 |
| Classification / extraction 100,000 short items a day | $378 |
Price history
We started tracking Llama 3.1 70B Instruct on Oct 21, 2026; the chart appears as soon as there is a second data point. See all recent price changes.
Where to run Llama 3.1 70B Instruct: 2 providers
DeepInfra is the cheapest at $0.40 input / $0.40 output per 1M tokens. Uptime is the average over the last 30 days as reported by OpenRouter; see provider reliability.
| Provider | Input / 1M | Output / 1M | Context | Uptime | Notes |
|---|---|---|---|---|---|
| DeepInfra | $0.40 | $0.40 | 131K | 99.1% | fp8 |
| Amazon Bedrock | $0.72 | $0.72 | 131K | 100% | — |
Cheaper alternatives to Llama 3.1 70B Instruct
Models with the same tool calling, structured output for at least 20% less (3:1 input/output mix), most capable first.
| Model | Input / 1M | Output / 1M | Context | Capabilities |
|---|---|---|---|---|
| Claude Haiku 5.5 Anthropic | $0.10 | $0.50 | 1M | visiontoolsreasoningJSON |
| GLM 5.3 Flash Z.ai | $0.041 | $0.12 | 1.05M | visiontoolsreasoningJSONopen weights |
| Ling 3.1 Flash inclusionAI | $0.075 | $0.225 | 262K | toolsreasoningJSON |
| GPT-6 Luna OpenAI | $0.10 | $0.50 | 1.05M | visiontoolsreasoningJSON |
| MiMo-V2.6-Flash Xiaomi | $0.14 | $0.28 | 1.05M | visionaudiotoolsreasoningJSONopen weights |
How to pay less for Llama 3.1 70B Instruct
For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $178 a month at list price without caching:
| Option | Per month | You save |
|---|---|---|
| Move to Claude Haiku 5.5 (similar capabilities) | $58.56 | $119 (67%) |
Other workloads: cut-your-bill tool for Llama 3.1 70B Instruct.
Specifications
| Model ID | meta-llama/llama-3.1-70b-instruct |
| Input | text |
| Output | text |
| Tool calling | Yes |
| Structured output | Yes |
| Reasoning mode | No |
| Open weights | Yes — meta-llama/Meta-Llama-3.1-70B-Instruct |
| Knowledge cutoff | 2023-12-31 |
| Released | Jul 23, 2024 |
FAQ
- How much does Llama 3.1 70B Instruct cost?
- $0.40 per million input tokens and $0.40 per million output tokens. Prices as of Oct 21, 2026.
- What is the context window of Llama 3.1 70B Instruct?
- 131K tokens, with up to 16K output tokens per response.
- Does Llama 3.1 70B Instruct support images, tools and structured output?
- Images as input: no. Tool calling: yes. Structured (JSON) output: yes. Reasoning mode: no.
- What are cheaper alternatives to Llama 3.1 70B Instruct?
- Models with the same key capabilities for at least 20% less include Claude Haiku 5.5 ($0.10 / $0.50), GLM 5.3 Flash ($0.041 / $0.12), Ling 3.1 Flash ($0.075 / $0.225).
More from Meta Llama: all Meta Llama models · how we collect prices