GLM 5 price cut: output $3.20 → $1.92 per 1M tokens

Z.ai's GLM 5 changed its list price between Oct 16, 2026 and Oct 20, 2026: input $1.00 → $0.60 and output $3.20 → $1.92 per 1M tokens (-40%).

What it means per task

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

TaskBeforeAfterPer 1,000 tasks
Answer a chat question0.58¢0.35¢$5.75 → $3.45
Reply to a customer email0.11¢0.07¢$1.09 → $0.65
Write a 1,500-word blog post2.2¢1.3¢$22.22 → $13.33
Write 10 product descriptions2.3¢1.4¢$22.82 → $13.69
Translate 1,000 words3.4¢2.0¢$33.83 → $20.30
Proofread one page (500 words)0.33¢0.20¢$3.28 → $1.97
Summarize a 20-page PDF1.9¢1.1¢$18.80 → $11.28
Extract data from an invoice0.37¢0.22¢$3.69 → $2.21
Analyze a 200-row spreadsheet5.6¢3.4¢$56.10 → $33.66
Answer from 5 retrieved documents (RAG)1.0¢0.60¢$10.02 → $6.01
Classify 100 support tickets2.6¢1.6¢$26.41 → $15.84
Review 500 lines of code5.6¢3.3¢$55.73 → $33.44
Write a SQL query0.52¢0.31¢$5.24 → $3.14
Run a 50-step coding agent$2.38$1.43$2,380 → $1,428