Updated
LLM cost calculator explained
Calculate token charges from your own model rates and usage estimates. Input and output token totals are priced separately per million tokens, then combined across rows. The tool supplies no current provider pricing.
A worked example
At an example input rate of 2 per million and output rate of 8 per million, 1,000,000 input tokens and 200,000 output tokens cost 3.60 in the chosen currency.
Before you use the result
Scenario arithmetic, not a quote. Enter current rates yourself and add any caching, batch, tool-call, tax or hosting charges separately. Fractional costs remain unrounded in the JSON result.
Cite this page
ToolOctopus. “LLM cost calculator.” Updated 2026-09-20. https://tooloctopus.com/llm-cost-calculator.
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