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Best LLM for Low Cost

11 models ranked for low cost tasks. Sorted by benchmark quality score, with price as a secondary factor.

Best Quality
DeepSeek V3.2 (Chat)
DeepSeek
ELO 1355
Cheapest Option
Llama 4 Scout
Meta
$0.08/1M/1M input

All Models for Low Cost

#ModelProviderInput / 1MOutput / 1MELOFlags
๐Ÿฅ‡DeepSeek V3.2 (Chat)DeepSeek$0.28/1M$0.42/1M1355
OSS
๐Ÿฅˆo4-miniOpenAI$1.10/1M$4.40/1M1350
๐Ÿฅ‰Llama 4 MaverickMeta$0.15/1M$0.60/1M1350
OSS
4Qwen 3 MaxAlibaba$0.60/1M$1.80/1M1345
OSS
5Gemini 2.5 FlashGoogle$0.30/1M$2.50/1M1340
6Claude Haiku 4.5Anthropic$1.00/1M$5.00/1M1320
7Grok 4.1 FastxAI$0.20/1M$0.50/1M1305
8GPT-5.4 nanoOpenAI$0.20/1M$1.25/1M1280
9Llama 4 ScoutMeta$0.08/1M$0.30/1M1280
OSS
10Mistral Medium 3Mistral AI$0.40/1M$2.00/1M1265
11Gemini 2.5 Flash-LiteGoogle$0.10/1M$0.40/1M1250

Why We Picked These Models

DeepSeek V3.2 (Chat)
$0.28/1M/1MELO 1355

DeepSeek V3. Frontier-class quality at ~10x lower cost than US flagships.

o4-mini
$1.10/1M/1MELO 1350

o4-mini is OpenAI's most cost-effective reasoning model, offering o-series chain-of-thought capability at roughly half the price of o3. Cheapest reasoning model in the OpenAI lineup.

Llama 4 Maverick
$0.15/1M/1MELO 1350

Llama 4 Maverick is Meta's natively multimodal open-weight flagship, with a 1M context window and strong general performance. Natively multimodal open-weight flagship.

Compare Top Models

DeepSeek V3.2 (Chat) vs o4-miniDeepSeek V3.2 (Chat) vs Llama 4 MaverickDeepSeek V3.2 (Chat) vs Qwen 3 MaxDeepSeek V3.2 (Chat) vs Gemini 2.5 Flash

Frequently Asked Questions

What is the best LLM for low cost?

DeepSeek V3.2 (Chat) by DeepSeek is rated as the best model for low cost with an ELO score of 1355. Frontier-class quality at ~10x lower cost than US flagships.

What is the cheapest LLM for low cost?

Llama 4 Scout is the most affordable option for low cost at $0.08/1M per 1M input tokens.

Is there a free LLM for low cost?

No completely free models are listed for low cost, but Llama 4 Scout start at very low prices.