OpenAI o3 API pricing

As of 5 August 2026, OpenAI o3 costs $2.00 per 1M input tokens and $8.00 per 1M output tokens, and scores 76.9% on coding benchmarks (best of Aider polyglot and SWE-bench Verified).

Prices updated 5 August 2026

OpenAI o3 price

USD per 1M tokens.

ProviderInput / 1MOutput / 1MContext
OpenAI$2.00$8.00200K
Coding: 76.9%Reasoning: 81.8%Math: 97.8%

Coding via Aider polyglot & SWE-bench Verified; reasoning & math via Epoch AI.

Cheaper alternatives to OpenAI o3

Models with an equal-or-better coding score at a lower output price. StackSpend surfaces swaps like these against your actual usage.

How much does the OpenAI o3 API cost?
As of 5 August 2026, OpenAI o3 costs $2.00 per 1M input tokens and $8.00 per 1M output tokens, and scores 76.9% on coding benchmarks (best of Aider polyglot and SWE-bench Verified).
Is there a cheaper model as good as OpenAI o3 for coding?
Yes — accounts/fireworks/models/glm-5p2 (Fireworks AI) scores 78.7% on coding at $4.40 per 1M output tokens, below OpenAI o3's $8.00.

Know what you're really spending on OpenAI o3.

StackSpend connects read-only to your AI providers, normalises every model into one daily signal, and flags cheaper equal-quality swaps from this same dataset.