AI Token Price Index
The median list price of current AI models, per million tokens, at 3 input tokens to 1 output token. On 12 Nov 2026: frontier models $4.00 (down 3% since 13 June), workhorse models $1.28 (down 26% since 13 June) and small & fast models $0.23 (down 36% since 13 June).
Which models moved it? Price history · What it means for your bill: Token cost calculator
Frontier median
$4.00
▼ 3% from $4.13 on 13 Jun · 12 models
Workhorse median
$1.28
▼ 26% from $1.71 on 13 Jun · 8 models
Small & fast median
$0.23
▼ 36% from $0.36 on 13 Jun · 12 models
- Frontier
- Workhorse
- Small & fast
Show the values as a table
| Date | Frontier | Workhorse | Small & fast |
|---|---|---|---|
| 13 Jun 2026 | $4.13 | $1.71 | $0.36 |
| 15 Jun 2026 | $4.13 | $1.71 | $0.36 |
| 1 Jul 2026 | $4.50 | $1.71 | $0.36 |
| 15 Jul 2026 | $4.50 | $1.71 | $0.26 |
| 1 Aug 2026 | $5.25 | $1.13 | $0.26 |
| 15 Aug 2026 | $4.50 | $1.13 | $0.26 |
| 1 Sep 2026 | $4.50 | $1.13 | $0.24 |
| 15 Sep 2026 | $3.75 | $1.13 | $0.26 |
| 1 Oct 2026 | $3.75 | $1.13 | $0.25 |
| 15 Oct 2026 | $4.00 | $1.05 | $0.23 |
| 1 Nov 2026 | $4.00 | $1.28 | $0.23 |
| 12 Nov 2026 | $4.00 | $1.28 | $0.23 |
Models in the index today
Frontier
median $4.00
Workhorse
median $1.28
Method
- Blended price = (3 × input price + output price) ÷ 4, per million tokens. A 3:1 mix is typical for chat and retrieval work.
- Members are current-generation models sold by their developer at list price. We leave out previous generations, open-weight models priced by third-party hosts, specialised coding models, and models without a known release month.
- Tiers group models by intended use (frontier, workhorse, small and fast). They are our editorial grouping, not a quality score.
- The median resists outliers: one very expensive launch moves it less than an average would. It still moves when models join or leave a tier, which is part of what it measures.
- History is reconstructed from the dated launches, price changes, suspensions and retirements in our price history, so the whole series updates whenever the data does.
Use the data
- Daily index values (JSON)Every date since 13 June 2026, per tier, with member counts.
- Dated price records (CSV)Launch prices, price changes and retirements with sources.
- Daily index values (CSV)The same series for spreadsheets.
- All model prices (JSON)Every price with its source and verified date. Free to reuse under CC BY 4.0, with credit to AI Token Price.
Cite this
AI Token Price (2026). AI Token Price Index [Data set]. Updated 12 November 2026. https://aitokenprice.com/token-price-index
Free to reuse under CC BY 4.0 with a link to this page.