ModelPriceWatch.com
Last scan 2026-09-10 Models tracked 249 Providers 32 Cheapest paid Granite 4.0 H Micro $0.017/Mtok in Every price links to its source

Mercury 2.5 vs Mercury 2

Side-by-side comparison of API pricing, specs, benchmarks, and capabilities

Mercury 2.5 is 10% cheaper on blended cost ($0.338 vs $0.375/Mtok)
Specification
Mercury 2.5Intro price
Overview
StatusCurrent budget Current budget
Released
Pricing per million tokens
Input $0.200/Mtok $0.250/Mtok
Output $0.750/Mtok $0.750/Mtok
Blended avg $0.338/Mtok $0.375/Mtok
Cached input $0.020/Mtok $0.025/Mtok
Price basis These are Inception's LIST prices, per 1M tokens. Mercury 2.5 is currently on an 80%-off promotion, so the rate you actually pay today is $0.04 input / $0.15 output / $0.004 cached input. Inception has not published an end date for the promotion, so we track the list price — the rate the model reverts to — rather than a discounted number that could expire without notice. Inception's own rate card shows both, listing Mercury 2.5 at $0.20 input / $0.02 cached / $0.75 output struck through, alongside the discounted prices. Inception's launch announcement states the same standard pricing of $0.20 / $0.75 per 1M tokens and describes $0.04 / $0.15 as a launch discount. Verified 2026-09-08. Inception publishes this rate per TOKEN, not per 1M: its own API root (api.inceptionlabs.ai/v1/models) serves prompt 0.00000025 and completion 0.00000075, which is $0.25 / $0.75 per 1M tokens, with cache reads at 0.000000025 ($0.025 per 1M) and cache writes free. Read unauthenticated on 2026-09-01 and again on 2026-09-02, byte-identical both times (973 bytes, md5 a835588b3e712d66d80ab0166a1b8fba). The vendor's own record carries "openrouter": {"slug": "inception/mercury-2"}, so the join to the gateway id is Inception's claim rather than ours. Inception's HTML pricing page is behind a standing bot challenge and is not our source.
Specifications
Context window 260K tokens 128K tokens
Parameters Proprietary Proprietary
Speed (TPS)
Modalities
Input
text
text
Benchmarks sources: public leaderboards / Artificial Analysis
Independent composite scores each on its own scale — not part of the average above
AA Intelligence Index 11.5
AA Agentic Index 4
AA-Omniscience Index (−100–100) -50.7
Providers
Available from
Inception — $0.200/$0.750/Mtok
Inception — $0.250/$0.750/Mtok

Cost at scale

1M tokens · 50/50 input/output
Projected cost of Mercury 2.5 vs Mercury 2 at increasing token volumes
VolumeMercury 2.5Mercury 2Savings
1M tokens $0.34 $0.38 $0.04 (10.7%)
10M tokens $3.38 $3.75 $0.38 (10.1%)
100M tokens $33.75 $37.5 $3.75 (10%)
1000M tokens $337.5 $375 $37.5 (10%)

When to pick which

distilled from the pricing and spec data above
Pick Mercury 2.5 if…
  • cost dominates: $0.338/Mtok blended vs $0.375 — 10% less on the same 50/50 token mix
  • you need the longer context: 260K tokens vs 128K (2×)
Pick Mercury 2 if…
  • this pairing gives Mercury 2 no edge on price, context, cache discount, or measured performance — pick it only for qualitative fit (ecosystem, compliance, model behavior on your prompts)

Summary

Mercury 2.5 by Inception costs $0.200/Mtok input and $0.750/Mtok output, with a 260K-token context window. It supports text input.

Mercury 2 by Inception costs $0.250/Mtok input and $0.750/Mtok output, with a 128K-token context window. It supports text input.

On a blended cost basis, Mercury 2.5 is 10% cheaper than Mercury 2.It also has a larger context window.

Note: Pricing is per million tokens. Actual costs vary with usage patterns, prompt caching, and batch discounts. Always verify against official provider pricing pages.

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