Compare

o1 vs o3

o3 is 87% cheaper overall
o1
OpenAI
Input/1M$15.0000
Output/1M$60.0000
1K calls$36.00
VS
o3
OpenAI
Input/1M$2.0000
Output/1M$8.0000
1K calls$4.80

Monthly Cost Comparison

Usage Level o1 o3 Savings
Light (100 calls/day) $58.50 $7.80 Save $50.70 with o3
Medium (1K calls/day) $1,080.00 $144.00 Save $936.00 with o3
Heavy (10K calls/day) $13,500.00 $1,800.00 Save $11,700.00 with o3
Enterprise (100K/day) $162,000.00 $21,600.00 Save $140,400.00 with o3

Cost Ratio (10K calls/month)

o1 $360.00
o3 $48.00

Frequently Asked Questions

Is o1 or o3 cheaper?

o3 is 87% cheaper overall. o1 costs $15/M input vs o3 at $2/M input.

How much does 10,000 API calls cost with o1 vs o3?

At 800 input + 400 output tokens per call: o1 costs $360.00 and o3 costs $48.00.

Can I switch between o1 and o3 easily?

With a proxy like Tokonomics, switching is a one-line config change. Route different features to different models and track costs per model automatically.

Track costs for both models in one dashboard

Tokonomics monitors o1, o3, and 60+ other models. Set budget alerts per model, per feature, per team.

Start Free →