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GPT-5.4 Nano pricing

$0.20 per 1M input tokens and $1.25 per 1M output tokens. In real work that is 0.15¢ per chat answer and 0.33¢ to summarize a 20-page PDF.

Input / 1M$0.20
Output / 1M$1.25
Cached input / 1M$0.02
Chat answer0.15¢
Context400K
Quality1401 lmarena

What GPT-5.4 Nano costs per task

Token counts estimated from a measured model of the same lab (GPT-6 Luna), rescaled by tokenizer. Reasoning tokens are billed as output.

TaskCostTokens usedPrice rankBasis
Answer a chat question
0.15¢$1.48 / 1,000
45 in · 540 out · 639 reasoning135 of 336estimated
Reply to a customer email
0.02¢$0.17 / 1,000
258 in · 94 out42 of 336estimated
Write a 1,500-word blog post
0.30¢$2.96 / 1,000
59 in · 2,217 out · 143 reasoning92 of 336estimated
Write 10 product descriptions
0.13¢$1.33 / 1,000
283 in · 987 out · 34 reasoning41 of 336estimated
Translate 1,000 words
0.20¢$2.01 / 1,000
1,330 in · 1,328 out · 67 reasoning102 of 336estimated
Proofread one page (500 words)
0.11¢$1.09 / 1,000
718 in · 664 out · 91 reasoning99 of 336estimated
Summarize a 20-page PDF
0.33¢$3.26 / 1,000
12,987 in · 449 out · 84 reasoning96 of 336estimated
Extract data from an invoice
0.08¢$0.78 / 1,000
373 in · 422 out · 140 reasoning86 of 336estimated
Analyze a 200-row spreadsheet
0.44¢$4.45 / 1,000
4,779 in · 456 out · 2,338 reasoning61 of 336estimated
Answer from 5 retrieved documents (RAG)
0.12¢$1.16 / 1,000
3,690 in · 234 out · 104 reasoning71 of 336estimated
Classify 100 support tickets
0.15¢$1.55 / 1,000
1,261 in · 445 out · 590 reasoning51 of 336estimated
Review 500 lines of code
0.75¢$7.48 / 1,000
4,557 in · 337 out · 4,921 reasoning120 of 336estimated
Write a SQL query
0.10¢$1.00 / 1,000
126 in · 266 out · 516 reasoning107 of 336estimated
Run a 50-step coding agent
8.7¢$86.92 / 1,000
2,237,500 in · 15,000 out · 7,000 reasoning42 of 336modeled

Price at every provider

List prices per 1M tokens (input / output) at each host serving GPT-5.4 Nano through OpenRouter today. Hosts can differ in quantization, context and speed.

ProviderInput / outputCached inputContextUptime
OpenAI logo
OpenAIunknown
$0.10 / $0.62$0.01400K100%
Azure logo
Azureunknown
$0.20 / $1.25$0.02400K100%
OpenAI logo
OpenAIunknown
$0.20 / $1.25$0.02400K100%
Azure logo
Azureunknown
$0.22 / $1.38$0.022400K

Price history

First seen in our price history on Mar 23, 2026 at $0.20 input / $1.25 output. The list price has not changed since.

$0$0.36$0.72$1.08$1.44Mar 2026May 2026Jul 2026Aug 2026Oct 2026
Output per 1MInput per 1M

FAQ

How much does GPT-5.4 Nano cost?

GPT-5.4 Nano costs $0.20 per 1 million input tokens and $1.25 per 1 million output tokens, with cached input at $0.02 (list price on Oct 18, 2026). In practice one chat answer costs about 0.15¢ and summarizing a 20-page PDF about 0.33¢.

Where is GPT-5.4 Nano cheapest?

Among 4 providers we track, the lowest list price today is at OpenAI: $0.10 input and $0.62 output per 1M tokens.

Does GPT-5.4 Nano charge for reasoning tokens?

Yes. Reasoning (thinking) tokens are billed as output tokens. That is why the cost per task can be much higher than the visible answer suggests - our task costs include them.

Is the GPT-5.4 Nano cost per task measured or estimated?

Estimated: GPT-5.4 Nano was not run directly. Tokens come from GPT-6 Luna and are rescaled by the tokenizer of OpenAI. Real usage can differ.