Gpt-3.5-turbo API pricing

gpt-3.5-turbo is the “full price” version. It is still an alias to gpt-3.5-turbo-0613. It is priced the same as it has always been, the same as listed for “instruct”. (update: gpt-3.5-turbo has since been re-pointed to GPT-3.5-turbo-0125)

OpenAI has been unclear and cagey with what they show for pricing since devday, perhaps intentionally so, because they haven’t reduced the price of existing models (except fine-tune which was way overpriced), they just introduced ones that are cheaper to operate.

In my chart, cost is per 1 million tokens so you can compare the prices more easily:

Model Training 1M Input usage 1M Output usage 1M Context Length
GPT-3.5-turbo-0125 $n/a $0.50 $1.50 16k (4k out)
GPT-3.5-turbo-1106 $n/a $1.00 $2.00 16k (4k out)
GPT-3.5-turbo-0613 $n/a $1.50 $2.00 4k
GPT-3.5-turbo-0301 $n/a $1.50 $2.00 4k
gpt-3.5-turbo-16k-0613 $n/a $3.00 $4.00 16k
GPT-3.5 Turbo fine-tune (all?) $8.00 $3.00 $6.00 4k
GPT-4-turbo (all) $n/a $10.00 $30.00 125k (4k out)
GPT-4 $n/a $30.00 $60.00 8k
-------- ------------- ------------- ------------- -------------
babbage-002 base $n/a $0.40 $0.40 16k
babbage-002 fine-tune $0.40 $1.60 $1.60 16k
-------- ------------- ------------- ------------- -------------
davinci-002 base $n/a $2.00 $2.00 16k
davinci-002 fine-tune $6.00 $12.00 $12.00 16k

I can’t explain why you’d be denied the newest model unless it is still rolling out; I’ve been plugging away at bugs on it since yesterday. That’s not an API error. Update openai and tiktoken libraries to the latest that know about the models.

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