GPT-5 nano API Pricing: OpenAI's Cheapest Model at $0.05/M Tokens

GPT-5 nano is OpenAI's lowest-cost model — 50x cheaper than GPT-5.4 on input, with the same API and infrastructure reliability.

Updated Aug 3, 2026 · 93 models tracked across 11 providers

TL;DR

GPT-5 nano Pricing Breakdown

At $0.05 per million input tokens and $0.40 per million output tokens, GPT-5 nano is 50x cheaper on input than GPT-5.4 ($2.50/$15). Here's how the costs scale:

Monthly Volume Input Cost Output Cost Total Cost
1M tokens$0.05$0.40$0.45
10M tokens$0.50$4.00$4.50
100M tokens$5.00$40.00$45.00
1B tokens$50.00$400.00$450.00

At 100M tokens/month, GPT-5 nano costs $45. The same volume on GPT-5.4 would cost $1,275, and on Claude Sonnet 5 it would cost $900+.

How GPT-5 nano Compares to Other Budget Models

Model Input $/M Output $/M Context Vision Provider
Qwen 3.7 Flash $0.03 $0.13 1M Alibaba
GPT-5 nano $0.05 $0.40 128K OpenAI
GPT-oss 20B $0.08 $0.35 128K OpenAI (self-host)
Gemini 2.5 Flash-Lite $0.10 $0.40 1M Google
Ministral 3 3B $0.10 $0.10 128K Mistral
DeepSeek V4 Flash $0.14 $0.28 1M DeepSeek
Mistral Small 4 $0.15 $0.60 128K Mistral

GPT-5 nano is the cheapest model available on OpenAI's API. Qwen 3.7 Flash is cheaper overall, but GPT-5 nano offers OpenAI's infrastructure, SLA, and ecosystem — including function calling, structured outputs, and batch API support.

GPT-5 nano vs GPT-5.4 nano: Is the Upgrade Worth It?

GPT-5.4 nano ($0.20/$1.25) is OpenAI's next tier up. Here's what you get for the 4x price increase:

FeatureGPT-5 nanoGPT-5.4 nano
Input price$0.05/M$0.20/M
Output price$0.40/M$1.25/M
Context window128K128K
ReasoningBasicImproved
Function calling
Structured outputs
Best forHigh-volume, simple tasksGeneral-purpose, moderate complexity

Rule of thumb: Use GPT-5 nano for classification, extraction, and simple Q&A. Upgrade to GPT-5.4 nano when you need better reasoning, multi-step logic, or more nuanced outputs.

When to Use GPT-5 nano

📊 Classification

Sentiment analysis, intent detection, content categorization. High volume, low complexity — ideal for the cheapest OpenAI model.

🔍 Data Extraction

Parse invoices, extract fields from documents, structured data from unstructured text. Works well with function calling for structured output.

🛡️ Content Moderation

Flag inappropriate content, spam detection, policy violations. High throughput at minimal cost.

💬 Simple Q&A

FAQ bots, knowledge base lookups, internal helpdesk. Works well when answers are in the provided context.

🌐 Translation

Basic translation for internal tools or draft content. For customer-facing translations, consider a quality check pass.

📝 Summarization

Short-form summarization of documents, emails, or support tickets. 128K context handles most documents.

When NOT to Use GPT-5 nano

GPT-5 nano is optimized for speed and cost, not complexity. Upgrade when you need:

Real-World Cost Scenario

Let's say you're building a content moderation pipeline that processes 1,000,000 items per month, with an average of 500 input tokens and 200 output tokens per item:

ModelMonthly InputMonthly OutputTotal
Qwen 3.7 Flash$15$26$41
GPT-5 nano$25$80$105
Gemini 2.5 Flash-Lite$50$80$130
GPT-5.4 nano$100$250$350
Claude Haiku 4.5$500$1,000$1,500

GPT-5 nano costs $105/month for 1M moderation items — 3.3x cheaper than GPT-5.4 nano and 14x cheaper than Claude Haiku 4.5.

Frequently Asked Questions

How much does GPT-5 nano cost?
$0.05 per million input tokens and $0.40 per million output tokens. This is OpenAI's cheapest model — 50x cheaper than GPT-5.4 on input and 37x cheaper on output.
What is the context window of GPT-5 nano?
128K tokens. This is sufficient for most chat, classification, and extraction tasks, though smaller than the 1M windows offered by Qwen 3.7 Flash or Gemini 2.5 Flash-Lite.
Is GPT-5 nano cheaper than Qwen 3.7 Flash?
No. Qwen 3.7 Flash ($0.03/$0.13) is cheaper on both input (1.7x) and output (3x). However, GPT-5 nano runs on OpenAI's API with guaranteed uptime, SLA, and ecosystem features like function calling and structured outputs.
Is GPT-5 nano being deprecated?
No. GPT-5 nano is a current model with no announced deprecation date. It is OpenAI's recommended budget-tier model for high-volume, low-complexity tasks.
What can GPT-5 nano be used for?
Classification, data extraction, content moderation, simple Q&A, translation, and summarization — any high-volume task where speed and cost matter more than complex reasoning. For agentic workflows or nuanced writing, upgrade to GPT-5.4 or Claude Sonnet 5.

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