ModelPriceWatch.com
Last scan 2026-08-09 Models tracked 198 Providers 30 Cheapest paid Granite 4.0 Micro $0.017/Mtok in Every price links to its source

Cost to Power 10,000 Chatbot Conversations with LLM APIs

Calculate the real cost of using LLM APIs to power chatbot conversations. Compare all models for 10,000 conversations with verified per-million-token pricing.

Prices verified as of Aug 9, 2026 · 178 models tracked

Your workload

Token breakdown — 3K in / 1K out per conversation

75% input25% output

Total tokens:

What it costs

Cheapest

$—

Average

$—

Most expensive

$—

MODELPRICEWATCH.COM · 2026-08-09

Cost per conversations across 178 models

cheapest 15 as bars · full table below

Loading…

Show all 178 models in a table
Estimated API cost for 10K conversations on every current model
Model Provider Input $/1M Output $/1M Cost for 10K conversations
Prices in USD per 1M tokens · sorted cheapest first · every price links to its source on the model page.

How this calculator works

Each chatbot conversation (multi-turn) requires ~3,000 input tokens (system prompt + conversation history + user messages) and ~1,000 output tokens (bot responses across multiple turns). Multi-turn conversations accumulate input tokens as context grows. Longer conversations with more turns will increase input tokens per conversation.

Formula: cost = (input_tokens × input_price_per_Mtok + output_tokens × output_price_per_Mtok) × quantity / 1,000,000

All prices are per million tokens, sourced directly from official provider pricing pages. No fabricated numbers — every model in the table links to its detail page, which cites the official pricing source.

Frequently asked questions

How much does it cost to run 10,000 chatbot conversations with an LLM?

It depends on the model. Multi-turn chat is input-heavy (~3,000 input / ~1,000 output tokens per conversation) because context grows with each message. The calculator above computes the exact current cost for every model, cheapest-first, from live per-million-token pricing; models that support prompt caching can cut repeat-context costs substantially. See exact per-model cost in the table above.

Which LLM API is cheapest for chatbots?

The cheapest are the models at the top of the cost table above. Multi-turn chat is input-heavy because context grows each turn, so low input pricing and prompt caching matter most — models that support cached input can meaningfully reduce repeat-context costs.

How are chatbot token costs calculated?

Each conversation uses ~3,000 input tokens (context + history) and ~1,000 output tokens (responses). Total cost = (input_tokens × input_price + output_tokens × output_price) × number_of_conversations. Prices are per million tokens from verified provider pricing.

Other cost calculators