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o3 vs GPT-4 Turbo

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

Quick Verdict

GPT-4 Turbo is cheaper than o3 at $10.00/1M/1M vs $10.00/1M/1M input tokens. o3 scores higher on quality benchmarks (ELO 1380). Choose GPT-4 Turbo for cost-sensitive workloads; choose o3 for maximum quality.

Detailed Comparison

Metrico3GPT-4 Turbo
Input Price / 1M tokens$10.00/1M$10.00/1M
Output Price / 1M tokens$40.00/1M$30.00/1MCheaper
Context Window200KLarger128K
ELO Score (LMSYS)1380Smarter1260
Open Source
Free Tier
Release Date2025-042023-11

Which is cheaper: o3 or GPT-4 Turbo?

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

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

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

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

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
Choose GPT-4 Turbo if:
  • Strong general reasoning
  • Good at following complex multi-step instructions
  • Reliable tool/function calling

Frequently Asked Questions

Which is cheaper: o3 or GPT-4 Turbo?

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

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

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: o3 or GPT-4 Turbo?

o3 has a larger context window at 200K tokens.

Should I choose o3 or GPT-4 Turbo?

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

Is o3 or GPT-4 Turbo open source?

o3 is proprietary. GPT-4 Turbo is proprietary.

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