text-embedding-3-small vs text-embedding-004
Side-by-side API pricing comparison · OpenAI vs Google
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text-embedding-3-small is 25% cheaper on blended cost ($0.020 vs $0.025/Mtok)
text-embedding-3-small
by OpenAI
Current embeddingInput
$0.020/Mtok
Output
$0.020/Mtok
✓ Cheaper
| Blended avg | $0.020/Mtok |
|---|---|
| Context | 8K tokens |
| Modality | text |
| Parameters | Proprietary |
| Released | Jan 25, 2024 |
text-embedding-004
by Google
Current embeddingInput
$0.025/Mtok
Output
$0.025/Mtok
| Blended avg | $0.025/Mtok |
|---|---|
| Context | 2K tokens |
| Modality | text |
| Parameters | Proprietary |
| Released | Oct 1, 2024 |
Cost at scale — 1M tokens (50/50 input/output)
| Volume | text-embedding-3-small | text-embedding-004 | Savings |
|---|---|---|---|
| 1M tokens | $0.02 | $0.03 | $0.01 (40%) |
| 10M tokens | $0.2 | $0.25 | $0.05 (20%) |
| 100M tokens | $2 | $2.5 | $0.5 (20%) |
| 1000M tokens | $20 | $25 | $5 (20%) |
Summary
text-embedding-3-small by OpenAI costs $0.020/Mtok input and $0.020/Mtok output, with a 8K-token context window. It supports text input.
text-embedding-004 by Google costs $0.025/Mtok input and $0.025/Mtok output, with a 2K-token context window. It supports text input.
On a blended cost basis, text-embedding-3-small is 25% cheaper than text-embedding-004. 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.