Module C – Price Trend

Price per Million Tokens — Trend 2023 to 2026

Output token price (USD/1M) on a logarithmic scale. Click a series label to show or hide it.

The price reversal: After the dramatic price decline of 2023–2024 (GPT-4: $60 → GPT-4o: $10), US flagship prices have been rising again since 2025. Claude Fable 5 costs $50, GPT-5.6 Sol $30. Chinese models hold the low price line: DeepSeek V4 Pro at $0.87 — a factor of 57× below Fable 5.

Output tokens per 1M, USD. Sources: benchlm.ai/llm-pricing-trends (historical), provider pricing pages (July 2026). Data marked * are approximate dates (±1–2 months). No claim to completeness.