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GPT-4 Turbo vs o3

Pricing, context window, and benchmark comparison · Last updated April 2026

Quick Verdict

o3 is cheaper than GPT-4 Turbo at $10.00/1M/1M vs $10.00/1M/1M input tokens. o3 scores higher on quality benchmarks (ELO 1380). Choose o3 for cost-sensitive workloads; both are strong choices depending on your budget.

Detailed Comparison

MetricGPT-4 Turboo3
Input Price / 1M tokens$10.00/1M$10.00/1M
Output Price / 1M tokens$30.00/1MCheaper$40.00/1M
Context Window128K200KLarger
ELO Score (LMSYS)12601380Smarter
Open Source
Free Tier
Release Date2023-112025-04

Which is cheaper: GPT-4 Turbo or o3?

GPT-4 Turbo and o3 are identically priced at $10.00/1M per 1M input tokens. Output pricing follows a similar pattern: GPT-4 Turbo charges $30.00/1M/1M vs $40.00/1M/1M for o3.

Which has better quality: GPT-4 Turbo or o3?

Based on LMSYS Chatbot Arena rankings, o3 achieves a higher ELO score (1380 vs 1260), suggesting stronger performance on open-ended tasks. GPT-4 Turbo excels at strong general reasoning. o3 is known for highest reasoning benchmark scores of any model.

Which should you choose: GPT-4 Turbo or o3?

Choose GPT-4 Turbo if:
  • Strong general reasoning
  • Good at following complex multi-step instructions
  • Reliable tool/function calling
Choose o3 if:
  • Highest reasoning benchmark scores of any model
  • Better cost-efficiency than o1 at similar quality
  • Superior at agentic and multi-step tasks

Frequently Asked Questions

Which is cheaper: GPT-4 Turbo or o3?

GPT-4 Turbo and o3 have the same input price of $10.00/1M per 1M tokens.

Which has better quality: GPT-4 Turbo or o3?

o3 scores higher on the LMSYS Chatbot Arena with an ELO of 1380, suggesting better overall quality for most tasks.

Which has a larger context window: GPT-4 Turbo or o3?

o3 has a larger context window at 200K tokens.

Should I choose GPT-4 Turbo or o3?

Choose o3 if cost is the priority. Choose o3 if benchmark quality is most important. Consider your specific use case: GPT-4 Turbo is best for coding and function-calling, while o3 excels at reasoning and math.

Is GPT-4 Turbo or o3 open source?

GPT-4 Turbo is proprietary. o3 is proprietary.

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