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GLM 4.7 price cut: output $2.20 → $1.98 per 1M tokens

Z.ai's GLM 4.7 changed its list price between Sep 29, 2026 and Oct 18, 2026: input $0.60 → $0.54 and output $2.20 → $1.98 per 1M tokens (-10%).

What it means per task

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

TaskBeforeAfterPer 1,000 tasks
Answer a chat question0.39¢0.36¢$3.95 → $3.55
Reply to a customer email0.07¢0.07¢$0.73 → $0.65
Write a 1,500-word blog post1.5¢1.4¢$15.27 → $13.74
Write 10 product descriptions1.6¢1.4¢$15.66 → $14.10
Translate 1,000 words2.3¢2.1¢$23.14 → $20.83
Proofread one page (500 words)0.22¢0.20¢$2.19 → $1.97
Summarize a 20-page PDF1.2¢1.1¢$11.79 → $10.61
Extract data from an invoice0.25¢0.23¢$2.50 → $2.25
Analyze a 200-row spreadsheet3.8¢3.4¢$38.14 → $34.33
Answer from 5 retrieved documents (RAG)0.66¢0.59¢$6.56 → $5.91
Classify 100 support tickets1.8¢1.6¢$18.04 → $16.24
Review 500 lines of code3.8¢3.4¢$37.92 → $34.13
Write a SQL query0.36¢0.32¢$3.59 → $3.23
Run a 50-step coding agent$1.44$1.30$1,440 → $1,296