Model Comparison for Data Extraction
All costs assume 10,000 input tokens (the document) and 500 output tokens (extracted data) per request, at 500 requests per day (15,000/month). Extraction is heavily input-dominated.
| Model | Provider | Input / 1M | Output / 1M | Monthly Cost | Quality |
|---|---|---|---|---|---|
| Mistral Small 4 | Mistral | $0.10 | $0.30 | $17.25 | Good |
| Gemini 2.5 Flash-Lite | $0.10 | $0.40 | $18.00 | Good | |
| Llama 4 Scout | Meta (Together.ai) | $0.11 | $0.34 | $19.05 | Good |
| DeepSeek V4 Flash | DeepSeek | $0.14 | $0.28 | $23.10 | Good |
| GPT-4o mini | OpenAI | $0.15 | $0.60 | $27.00 | Great |
| Llama 3.3 70B | Meta (Together.ai) | $1.04 | $1.04 | $164.28 | Great |
| Claude Haiku 4.5 | Anthropic | $0.80 | $4.00 | $150.00 | Great |
| GPT-4o | OpenAI | $2.50 | $10.00 | $450.00 | Excellent |
| Claude Sonnet 4.6 | Anthropic | $3.00 | $15.00 | $562.50 | Excellent |
Best Model by Budget
Under $25/month
Ideal for startups and low-volume extraction
- Mistral Small 4 — $17.25/mo. Cheapest option. Works well for simple field extraction.
- GPT-4o mini — $27.00/mo. Best balance. Much better at complex nested JSON extraction.
$100 – $200/month
Ideal for growing extraction pipelines
- Llama 3.3 70B — $164.28/mo. Best value for high-volume extraction with good accuracy.
- Claude Haiku 4.5 — $150.00/mo. Excellent structured output reliability.
$500+/month
Ideal for enterprise extraction with complex documents
- GPT-4o — $450.00/mo. Best for complex multi-field extraction from messy documents.
- Claude Sonnet 4.6 — $562.50/mo. Best JSON reliability of any model. Fewer parsing errors.
GPT-4o mini
For most data extraction workloads, GPT-4o mini delivers the best cost-to-accuracy ratio. At $27/month for 500 extractions/day, it handles invoices, emails, resumes, and web pages with reliable structured output. Only upgrade to GPT-4o for complex nested schemas or messy OCR'd documents.
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Data extraction costs depend heavily on document size. Enter your actual token counts for a precise estimate.
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