Model Category	Model Name	Input Price (per 1M Tokens)	Output Price (per 1M Tokens)	Notes
GPT-5 Series	GPT-5 Pro	$15.00	$120.00	Highest reasoning capability, highest price.
	GPT-5	$1.25	$10.00	Flagship model for general tasks.
	GPT-5 mini	$0.25	$2.00	Faster and cheaper for simpler, well-defined tasks.
GPT-4o Series	GPT-4o	$5.00	$20.00	Multimodal model with vision capabilities.
	GPT-4o mini	$0.60	$2.40	Fast, efficient, and cost-effective.
GPT-3.5 Series	GPT-3.5 Turbo	$0.50	$1.50	Best price/performance for basic chat.

📝 Token to Word Conversion

A "token" is a piece of a word. For English text, there's a helpful conversion rule:

Rule of Thumb:

1 token $\approx 0.75$ words in English.

Using this estimation, here is the approximate conversion for 1 Million tokens:

Tokens	Approximate Words (English)	Other Equivalents
1,000,000 tokens	$\approx 750,000$ words	$\approx 1.3 \times$ Leo Tolstoy's War and Peace
1,000 tokens	$\approx 750$ words	$\approx 1.5$ standard single-spaced pages