ModelPriceWatch.com
Last scan 2026-08-28 Models tracked 237 Providers 31 Cheapest paid Granite 4.0 H Micro $0.017/Mtok in Every price links to its source

GPT-3.5 Turbo

by OpenAI

Deprecated budget cheap tier
Deprecated — shuts down Oct 23, 2026. Still purchasable until then, but the provider has announced end-of-life. Don't start new work on it. Migration target: GPT-5.6 Terra. Full deprecation status & replacements →
Availability: OpenAI's deprecations page names the bare gpt-3.5-turbo alias — not merely a dated snapshot of it — in a shutdown row with an announced end of life of 2026-10-23, under the section 2026-04-22: Legacy GPT model snapshots. Named replacement: gpt-5.6-terra. Still sold per token at the price above until that date. Checked against OpenAI's deprecations page on 2026-08-24.

Today's price · per 1M tokens

Input

$0.500

per 1M tokens

Output

$1.50

per 1M tokens

Blended

$0.750

blended $/1M — 3:1 weighted input:output

Source: official OpenAI pricing · read Aug 24, 2026 MODELPRICEWATCH.COM · 2026-08-28

Price receipt

We read OpenAI's own pricing page on Aug 24, 2026 and found gpt-3.5-turbo listed with a price on the same row — that read is where the number above comes from, recorded as a new model. We keep the page text we read; its content hash is ac8180a912.

Overview

The model that made chat-completions cheap, and still OpenAI's lowest-priced legacy GPT SKU. 16,385 context window, 4,096 max output tokens, text in and text out, September 2021 knowledge cutoff. The default snapshot behind the alias is gpt-3.5-turbo-0125. OpenAI's own guidance is to use a current small model instead, and it has announced an end of life for this one.

Capabilities

struck through = not supported
Input 1/5
Text ✓ Image Audio Video PDF
Output 1/5
Text ✓ Image Audio Video Embedding
Features 0/9
Prompt caching Reasoning Coding Fast inference Long context Open weights Multimodal Web search Realtime

Specifications

Provider
OpenAI
Context window
16K tokens
Modality
text
Parameters
Proprietary
Open source
No — proprietary
Released
Mar 1, 2023
Status
Deprecated ends Oct 23, 2026
Last updated
Aug 24, 2026
Tags
budget

Availability verified: Aug 24, 2026 — per OpenAI's own deprecation notice