GPT-5.4
$2.50 per 1M input tokens and $15.00 per 1M output tokens · 1.05M context · vision, tools, reasoning, JSON.
Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026
Cheaper ways to run the same model: GPT-5.4 (batch) at $1.25 / $7.50 — same model, different service (e.g. batch processing with a delay).
What GPT-5.4 costs per month
Estimated monthly bill for typical workloads, using the cached-input price for repeated context. Try your own numbers in the cost calculator.
| Workload | Per month |
|---|---|
| Customer chatbot 1,000 conversations a day, 8 turns each | $1,674 |
| Document Q&A (RAG) 500 questions a day over retrieved documents | $317 |
| Coding / tool-using agent 200 tasks a day, long tool-heavy contexts | $653 |
| Content generation 30 long articles a day | $40.50 |
| Classification / extraction 100,000 short items a day | $2,925 |
Prompts above 272K tokens are billed at $5.00 input / $22.50 output per 1M.
Price history
We started tracking GPT-5.4 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-5.4: 7 providers
OpenAI is the cheapest at $1.25 input / $7.50 output per 1M tokens. Uptime is the average over the last 30 days as reported by OpenRouter; see provider reliability.
Cheaper alternatives to GPT-5.4
Models with the same tool calling, image input, structured output for at least 20% less (3:1 input/output mix), most capable first.
| Model | Input / 1M | Output / 1M | Context | Capabilities |
|---|---|---|---|---|
| Claude Sonnet 5.5 Anthropic | $2.00 | $10.00 | 1M | visiontoolsreasoningJSON |
| Gemini 4 Argon | $2.00 | $10.00 | 1.05M | visionaudiotoolsreasoningJSON |
| GPT-6.1 Sol OpenAI | $2.00 | $10.00 | 1.05M | visiontoolsreasoningJSON |
| Muse Spark 1.3 Meta | $1.25 | $4.25 | 1.05M | visiontoolsreasoningJSON |
| GPT-6 Sol OpenAI | $2.00 | $10.00 | 1.05M | visiontoolsreasoningJSON |
How to pay less for GPT-5.4
For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $2,160 a month at list price without caching:
| Option | Per month | You save |
|---|---|---|
| Switch to GPT-5.4 (batch) | $1,080 | $1,080 (50%) |
| Route to OpenAI (flex tier) | $1,080 | $1,080 (50%) |
| Move to Claude Sonnet 5.5 (similar capabilities) | $1,150 | $1,010 (47%) |
| Use prompt caching (60% of input cached) | $1,674 | $486 (22%) |
Other workloads: cut-your-bill tool for GPT-5.4.
Compare GPT-5.4
Specifications
| Model ID | openai/gpt-5.4 |
| Input | text, image, file |
| Output | text |
| Tool calling | Yes |
| Structured output | Yes |
| Reasoning mode | Yes |
| Open weights | No |
| Released | Mar 5, 2026 |
| Web search | $0.01 per request |
FAQ
- How much does GPT-5.4 cost?
- $2.50 per million input tokens and $15.00 per million output tokens; cached input costs $0.25 per million. Prompts over 272K tokens are billed at $5.00 / $22.50. Prices as of Oct 21, 2026.
- What is the context window of GPT-5.4?
- 1.05M tokens, with up to 128K output tokens per response.
- Does GPT-5.4 support images, tools and structured output?
- Images as input: yes. Tool calling: yes. Structured (JSON) output: yes. Reasoning mode: yes.
- What are cheaper alternatives to GPT-5.4?
- Models with the same key capabilities for at least 20% less include Claude Sonnet 5.5 ($2.00 / $10.00), Gemini 4 Argon ($2.00 / $10.00), GPT-6.1 Sol ($2.00 / $10.00).
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