Z.ai

GLM 4.5

$0.60 per 1M input tokens and $2.20 per 1M output tokens · 131K context · tools, reasoning, JSON, open weights.

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

Scheduled for retirement on 2026-12-31. Plan a replacement — for example MiMo-V2.6-Pro, or see the cheaper alternatives below.
$0.60
input / 1M tokens
$2.20
output / 1M tokens
$0.11
cached input / 1M
131K
context window
98K
max output
12.8
Artificial Analysis intelligence index

What GLM 4.5 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.

WorkloadPer month
Customer chatbot
1,000 conversations a day, 8 turns each
$295
Document Q&A (RAG)
500 questions a day over retrieved documents
$66.09
Coding / tool-using agent
200 tasks a day, long tool-heavy contexts
$137
Content generation
30 long articles a day
$6.57
Classification / extraction
100,000 short items a day
$639

Price history

We started tracking GLM 4.5 on Oct 21, 2026; the chart appears as soon as there is a second data point. See all recent price changes.

Cheaper alternatives to GLM 4.5

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

Cheaper alternatives to GLM 4.5
Model Input / 1M Output / 1M Context Capabilities
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
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

What to switch to before GLM 4.5 is retired

Replacements with the same must-have capabilities (tool calling) and enough context, most capable first. See all models being retired.

ReplacementInput / 1MOutput / 1MPrice vs today
Claude Opus 5.5$4.00$20.00 700% more
Claude Sonnet 5.5$2.00$10.00 300% more
Claude Fable 5.1$10.00$50.00 1900% more
GPT-6 Astra$10.00$50.00 1900% more

How to pay less for GLM 4.5

For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $401 a month at list price without caching:

OptionPer monthYou save
Move to MiMo-V2.6-Pro (similar capabilities)$136$264 (66%)
Use prompt caching (60% of input cached)$295$106 (26%)

Other workloads: cut-your-bill tool for GLM 4.5.

Specifications

Model IDz-ai/glm-4.5
Inputtext
Outputtext
Tool callingYes
Structured outputYes
Reasoning modeYes
Open weightsYes — zai-org/GLM-4.5
Knowledge cutoff2024-12-31
ReleasedJul 25, 2025

FAQ

How much does GLM 4.5 cost?
$0.60 per million input tokens and $2.20 per million output tokens; cached input costs $0.11 per million. Prices as of Oct 21, 2026.
What is the context window of GLM 4.5?
131K tokens, with up to 98K output tokens per response.
Does GLM 4.5 support images, tools and structured output?
Images as input: no. Tool calling: yes. Structured (JSON) output: yes. Reasoning mode: yes.
What are cheaper alternatives to GLM 4.5?
Models with the same key capabilities for at least 20% less include MiMo-V2.6-Pro ($0.435 / $0.87), GLM 5.3 ($0.079 / $1.40), Claude Haiku 5.5 ($0.10 / $0.50).

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