GLM 5 price cut: output $2.55 → $1.92 per 1M tokens

Z.ai's GLM 5 changed its list price between Jul 20, 2026 and Aug 21, 2026: input $0.95 → $0.60 and output $2.55 → $1.92 per 1M tokens (-25%).

What it means per task

Same tokens as today's measurement, old price vs new price.

TaskBeforeAfterPer 1,000 tasks
Answer a chat question0.46¢0.35¢$4.59 → $3.45
Reply to a customer email0.09¢0.07¢$0.91 → $0.65
Write a 1,500-word blog post1.8¢1.3¢$17.71 → $13.33
Write 10 product descriptions1.8¢1.4¢$18.23 → $13.69
Translate 1,000 words2.7¢2.0¢$27.16 → $20.30
Proofread one page (500 words)0.27¢0.20¢$2.73 → $1.97
Summarize a 20-page PDF1.7¢1.1¢$16.97 → $11.28
Extract data from an invoice0.30¢0.22¢$3.00 → $2.21
Analyze a 200-row spreadsheet4.5¢3.4¢$45.46 → $33.66
Answer from 5 retrieved documents (RAG)0.86¢0.60¢$8.55 → $6.01
Classify 100 support tickets2.1¢1.6¢$21.24 → $15.84
Review 500 lines of code4.5¢3.3¢$45.11 → $33.44
Write a SQL query0.42¢0.31¢$4.19 → $3.14
Run a 50-step coding agent$2.24$1.43$2,239 → $1,428