July 2026

State of AI Cost, July 2026

Published July 1, 2026. Covers Jul 1 to Jul 1, 2026.

The Frontier index sits at $4.64 per million tokens, unchanged. The lowest blended price on record is nscale/Qwen/Qwen2.5-Coder-3B-Instruct at $0.015 per million tokens.

Key takeaways

Frontier AI held flat this period, at $4.64 per 1M tokens (blended).

$0.02

Cheapest credible model: nscale/Qwen/Qwen2.5-Coder-3B-Instruct per 1M tokens (blended).

The AI Cost Index

Frontier 0%

$4.64 per 1M tokens

Budget 0%

$0.70 per 1M tokens

See the live AI Cost Index for the current value and full history.

Lowest cost per million tokens

nscale/Qwen/Qwen2.5-Coder-3B-Instruct · $0.015/Mtok nscale/Qwen/Qwen2.5-Coder-7B-Instruct · $0.015/Mtok nebius/Qwen/Qwen2.5-Coder-7B · $0.015/Mtok lambda_ai/llama3.2-11b-vision-instruct · $0.018/Mtok lambda_ai/llama3.2-3b-instruct · $0.018/Mtok deepinfra/meta-llama/Llama-3.2-3B-Instruct · $0.020/Mtok novita/paddlepaddle/paddleocr-vl · $0.020/Mtok deepinfra/meta-llama/Meta-Llama-3.1-8B-Instruct-Turbo · $0.023/Mtok

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APA

Champlin Enterprises. (2026). State of AI Cost, July 2026 [Report]. MyTokenTracker. Retrieved July 1, 2026, from https://mytokentracker.io/reports/state-of-ai-cost-2026-07

BibTeX

@misc{mtt-report-state-of-ai-cost-2026-07,
  title        = {State of AI Cost, July 2026},
  author       = {{Champlin Enterprises}},
  year         = {2026},
  howpublished = {MyTokenTracker, \url{https://mytokentracker.io/reports/state-of-ai-cost-2026-07}},
  note         = {Accessed July 1, 2026. Licensed CC BY 4.0.},
  url          = {https://mytokentracker.io/reports/state-of-ai-cost-2026-07}
}

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