Cheapest AI to extract data from an invoice (Oct 2026)

The cheapest model overall is Summarize at <0.01¢ per task. If you want a top-quartile model, the cheapest is GLM 5.3 Flash at 0.02¢.

10 cheapest models

Any model with a price, including small and older ones.

#ModelCost per taskText scoreTokens in / outBasis
1S
SummarizeScaledown
<0.01¢$0.02 / 1,000
-501 / 2,178estimated
2S
ExtractScaledown
<0.01¢$0.02 / 1,000
-501 / 2,178estimated
3OpenAI logo
gpt-oss-20bOpenAI
<0.01¢$0.05 / 1,000
1317373 / 450estimated best value
4Mistral logo
Mistral NemoMistral
<0.01¢$0.09 / 1,000
-374 / 2,655estimated
5S
Llama 3 8B LunarisSao10K
0.01¢$0.13 / 1,000
-501 / 2,178estimated
6I
Ling 3.0 FlashInclusionai
0.01¢$0.15 / 1,000
-500 / 2,177estimated
7OpenAI logo
gpt-oss-safeguard-20bOpenAI
0.02¢$0.16 / 1,000
-373 / 450estimated
8Google logo
Gemma 3 4BGoogle
0.02¢$0.17 / 1,000
1303452 / 1,482estimated
9OpenAI logo
GPT-5 NanoOpenAI
0.02¢$0.20 / 1,000
1338373 / 450estimated best value
10Meta logo
Llama 3.1 8B InstructMeta
0.02¢$0.20 / 1,000
1211497 / 2,173estimated

Cheapest high-quality models

Only models in the top 25% of LMArena Text scores (≥ 1458).

#ModelCost per taskText scoreTokens in / outBasis
1Z.ai logo
GLM 5.3 FlashZ.ai
0.02¢$0.23 / 1,000
1474391 / 1,031measured best value
2DeepSeek logo
DeepSeek V4.1 FlashDeepSeek
0.04¢$0.44 / 1,000
1475395 / 2,885measured best value
3Xiaomi logo
MiMo-V2.6-ProXiaomi
0.10¢$0.98 / 1,000
1479540 / 857estimated best value
4Xiaomi logo
MiMo-V2.5-ProXiaomi
0.10¢$0.98 / 1,000
1467540 / 857estimated
5DeepSeek logo
DeepSeek V4 Pro 0423DeepSeek
0.13¢$1.29 / 1,000
1458395 / 2,885estimated
6Z.ai logo
GLM 5.2Z.ai
0.27¢$2.74 / 1,000
1476391 / 1,031estimated
7Moonshot AI logo
Kimi K2.6Moonshot AI
0.33¢$3.29 / 1,000
1461545 / 861estimated
8Z.ai logo
GLM 5.1Z.ai
0.35¢$3.51 / 1,000
1465391 / 1,031estimated
9Google logo
Gemini 3 Flash PreviewGoogle
0.47¢$4.67 / 1,000
1473452 / 1,482estimated
10Z.ai logo
GLM 5.3Z.ai
0.50¢$4.98 / 1,000
1478391 / 1,031estimated

Cheapest model of each lab

ModelCost per taskScore
OpenAI logo
gpt-oss-20bOpenAI
<0.01¢$0.05 / 1,000
1317
Mistral logo
Mistral NemoMistral
<0.01¢$0.09 / 1,000
-
Google logo
Gemma 3 4BGoogle
0.02¢$0.17 / 1,000
1303
Meta logo
Llama 3.1 8B InstructMeta
0.02¢$0.20 / 1,000
1211
Z.ai logo
GLM 5.3 FlashZ.ai
0.02¢$0.23 / 1,000
1474
Alibaba Qwen logo
Qwen3.7 FlashAlibaba Qwen
0.03¢$0.30 / 1,000
-
DeepSeek logo
DeepSeek V4.1 FlashDeepSeek
0.04¢$0.44 / 1,000
1475
Anthropic logo
Claude Haiku 5.5Anthropic
0.06¢$0.64 / 1,000
-
Xiaomi logo
MiMo-V2.6-FlashXiaomi
0.07¢$0.68 / 1,000
1451
MiniMax logo
MiniMax M2.5MiniMax
0.10¢$0.95 / 1,000
1391
Moonshot AI logo
Kimi K2 0711Moonshot AI
0.23¢$2.29 / 1,000
1418
xAI logo
Grok Build 0.1xAI
0.44¢$4.36 / 1,000
-

FAQ

What is the cheapest AI to extract data from an invoice?

The cheapest model overall is Summarize at &lt;0.01¢ per task. If you want a top-quartile model, the cheapest is GLM 5.3 Flash at 0.02¢.

Is the cheapest model good enough?

Often not for hard tasks. That is why this page also lists the cheapest models in the top quarter of LMArena scores and the cheapest model of every major lab.