Pricing / The Model Price Index
The Model Price Index
One number for the cost of frontier intelligence — the blended price of a million tokens across today's flagship models, re-verified daily.
MPI · as of Jun 27, 2026
$4.70
per million tokens · blended 3:1 input:output · equal-weight, 8-flagship basket
0% since Jun 27, 2026
Trend
$4.70 · Jun 27, 2026
$4.70 · Jun 30, 2026
Cut three ways
Sub-indices
Cheapest frontier token
$0.544
DeepSeek V4 Pro — how little frontier-class capability can cost.
Cost per intelligence point
$0.068
Blended cost ÷ benchmark score. Best value: DeepSeek V4 Pro.
Open vs closed spread
$5.06 vs $2.15
Closed-weights vs open-weights flagships — the premium for proprietary models.
The basket
What's in the index
| Model | Provider | Blended /Mtok | Weights |
|---|---|---|---|
| GPT-5.5 | OpenAI | $11.25 | Closed |
| Claude Opus 4.8 | Anthropic | $10.00 | Closed |
| Gemini 3.1 Pro | $4.50 | Closed | |
| Grok 4 | xAI | $6.00 | Closed |
| DeepSeek V4 Pro | DeepSeek | $0.544 | Closed |
| Qwen3-Max | Alibaba | $2.40 | Closed |
| Mistral Large 3 | Mistral | $0.750 | Closed |
| GLM-5.2 | Z.AI | $2.15 | Open |