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Mercury 2 pricing

$0.25 per 1M input tokens and $0.75 per 1M output tokens. In real work that is 0.07¢ per chat answer and 0.36¢ to summarize a 20-page PDF.

Input / 1M$0.25
Output / 1M$0.75
Cached input / 1M$0.025
Chat answer0.07¢
Context128K
Quality1343 lmarena

What Mercury 2 costs per task

Token counts estimated from a measured model of the same lab (Claude Haiku 5.5), rescaled by tokenizer. Reasoning tokens are billed as output.

TaskCostTokens usedPrice rankBasis
Answer a chat question
0.07¢$0.75 / 1,000
42 in · 739 out · 244 reasoning82 of 336estimated
Reply to a customer email
0.05¢$0.47 / 1,000
253 in · 203 out · 346 reasoning104 of 336estimated
Write a 1,500-word blog post
0.20¢$2.04 / 1,000
63 in · 2,494 out · 200 reasoning56 of 336estimated
Write 10 product descriptions
0.28¢$2.78 / 1,000
318 in · 1,263 out · 2,342 reasoning98 of 336estimated
Translate 1,000 words
0.15¢$1.45 / 1,000
1,283 in · 1,508 out82 of 336estimated
Proofread one page (500 words)
0.09¢$0.88 / 1,000
691 in · 639 out · 304 reasoning86 of 336estimated
Summarize a 20-page PDF
0.36¢$3.59 / 1,000
12,613 in · 470 out · 118 reasoning104 of 336estimated
Extract data from an invoice
0.08¢$0.84 / 1,000
382 in · 402 out · 591 reasoning89 of 336estimated
Analyze a 200-row spreadsheet
≥1.3¢$12.82 / 1,000
3,806 in · 396 out · 15,434 reasoning120 of 336estimated
Answer from 5 retrieved documents (RAG)
0.20¢$2.05 / 1,000
3,631 in · 767 out · 753 reasoning99 of 336estimated
Classify 100 support tickets
0.13¢$1.31 / 1,000
1,223 in · 374 out · 961 reasoning42 of 336estimated
Review 500 lines of code
0.94¢$9.36 / 1,000
4,986 in · 2,282 out · 8,532 reasoning146 of 336estimated
Write a SQL query
0.11¢$1.08 / 1,000
127 in · 588 out · 810 reasoning111 of 336estimated
Run a 50-step coding agent
11¢$105 / 1,000
2,172,612 in · 14,565 out · 29,550 reasoning59 of 336modeled

Price at every provider

List prices per 1M tokens (input / output) at each host serving Mercury 2 through OpenRouter today. Hosts can differ in quantization, context and speed.

ProviderInput / outputCached inputContextUptime
I
Inceptionunknown
$0.25 / $0.75$0.025128K100%

Price history

First seen in our price history on Mar 17, 2026 at $0.25 input / $0.75 output. The list price has not changed since.

$0$0.22$0.43$0.65$0.86Mar 2026May 2026Jul 2026Aug 2026Oct 2026
Output per 1MInput per 1M

FAQ

How much does Mercury 2 cost?

Mercury 2 costs $0.25 per 1 million input tokens and $0.75 per 1 million output tokens, with cached input at $0.025 (list price on Oct 18, 2026). In practice one chat answer costs about 0.07¢ and summarizing a 20-page PDF about 0.36¢.

Where is Mercury 2 cheapest?

Among 1 providers we track, the lowest list price today is at Inception: $0.25 input and $0.75 output per 1M tokens.

Does Mercury 2 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 Mercury 2 cost per task measured or estimated?

Estimated: Mercury 2 was not run directly. Tokens come from Claude Haiku 5.5 and are rescaled by the tokenizer of Inception. Real usage can differ.