OpenAI

GPT-3.5 Turbo 16k

$3.00 per 1M input tokens and $4.00 per 1M output tokens · 16K context · tools, JSON.

Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026

$3.00
input / 1M tokens
$4.00
output / 1M tokens
16K
context window
4K
max output

What GPT-3.5 Turbo 16k costs per month

Estimated monthly bill for typical workloads. Try your own numbers in the cost calculator.

WorkloadPer month
Customer chatbot
1,000 conversations a day, 8 turns each
$1,416
Document Q&A (RAG)
500 questions a day over retrieved documents
$300
Coding / tool-using agent
200 tasks a day, long tool-heavy contexts
$1,176
Content generation
30 long articles a day
$17.10
Classification / extraction
100,000 short items a day
$2,880

Price history

We started tracking GPT-3.5 Turbo 16k on Oct 21, 2026; the chart appears as soon as there is a second data point. See all recent price changes.

Where to run GPT-3.5 Turbo 16k: 2 providers

Azure is the cheapest at $3.00 input / $4.00 output per 1M tokens. Uptime is the average over the last 30 days as reported by OpenRouter; see provider reliability.

ProviderInput / 1MOutput / 1MContextUptimeNotes
Azure$3.00$4.0016K100% —
OpenAI$3.00$4.0016K— —

Cheaper alternatives to GPT-3.5 Turbo 16k

Models with the same tool calling, structured output for at least 20% less (3:1 input/output mix), most capable first.

Cheaper alternatives to GPT-3.5 Turbo 16k
Model Input / 1M Output / 1M Context Capabilities
$1.25 $4.25 1.05M visiontoolsreasoningJSON
MiMo-V2.6-Pro
Xiaomi
$0.435 $0.87 1.05M visionaudiotoolsreasoningJSONopen weights
GLM 5.3
Z.ai
$0.079 $1.40 1.05M toolsreasoningJSONopen weights
Step 5 Preview
Stepfun
$1.00 $2.70 1.05M visiontoolsreasoningJSONopen weights
Claude Haiku 5.5
Anthropic
$0.10 $0.50 1M visiontoolsreasoningJSON

How to pay less for GPT-3.5 Turbo 16k

For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $1,416 a month at list price without caching:

OptionPer monthYou save
Move to Muse Spark 1.3 (similar capabilities)$569$847 (60%)

Other workloads: cut-your-bill tool for GPT-3.5 Turbo 16k.

Specifications

Model IDopenai/gpt-3.5-turbo-16k
Inputtext
Outputtext
Tool callingYes
Structured outputYes
Reasoning modeNo
Open weightsNo
Knowledge cutoff2021-09-30
ReleasedAug 28, 2023

FAQ

How much does GPT-3.5 Turbo 16k cost?
$3.00 per million input tokens and $4.00 per million output tokens. Prices as of Oct 21, 2026.
What is the context window of GPT-3.5 Turbo 16k?
16K tokens, with up to 4K output tokens per response.
Does GPT-3.5 Turbo 16k 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 GPT-3.5 Turbo 16k?
Models with the same key capabilities for at least 20% less include Muse Spark 1.3 ($1.25 / $4.25), MiMo-V2.6-Pro ($0.435 / $0.87), GLM 5.3 ($0.079 / $1.40).

More from OpenAI: all OpenAI models · how we collect prices