---
title: "llama3.1-nemotron-70b-instruct-fp8 Cost Calculator - Lambda Ai"
description: "Calculate the cost of using llama3.1-nemotron-70b-instruct-fp8 from Lambda Ai. Input costs $0.12 and output $0.30 per 1M tokens."
url: "https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/llama3.1-nemotron-70b-instruct-fp8"
markdown: "https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/llama3.1-nemotron-70b-instruct-fp8.md"
---

# llama3.1-nemotron-70b-instruct-fp8 Cost Calculator - Lambda Ai

> Calculate the cost of using llama3.1-nemotron-70b-instruct-fp8 from Lambda Ai. Input costs $0.12 and output $0.30 per 1M tokens.

## Important Links

- [View MCP Gateway](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/resources/mcp-gateway.md)
- [Features](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/#features)
- [Enterprise](https://www.getmaxim.ai/enterprise)
- [Pricing](https://www.getmaxim.ai/pricing)
- [Docs](https://docs.getbifrost.ai)
- [GitHub](https://github.com/maximhq/bifrost)
- [Book a Demo](https://www.getmaxim.ai/book-a-demo)

## About llama3.1-nemotron-70b-instruct-fp8

llama3.1-nemotron-70b-instruct-fp8 is a chat model from Lambda Ai, one of 20 chat models they offer. It is priced at $0.12 per 1M input tokens and $0.30 per 1M output tokens, ranking 517 out of 3254 chat models by cost and cheaper than 84% of models in this category. llama3.1-nemotron-70b-instruct-fp8 supports function calling. It accepts up to 131K input tokens.

## Pricing

Published Lambda Ai pricing for llama3.1-nemotron-70b-instruct-fp8.

- **$0.12 / 1M tokens Input.**
- **$0.30 / 1M tokens Output.**

## Technical Specifications

- **Chat Mode.**
- **131,072 Max Input Tokens.**
- **131,072 Max Output Tokens.**
- **131,072 Max Tokens.**

## Model Capabilities

llama3.1-nemotron-70b-instruct-fp8 supports: Function Calling, Parallel Function Calling, System Messages, Tool Choice.

## How Pricing Compares

At $0.12 per 1M input tokens and $0.30 per 1M output tokens, llama3.1-nemotron-70b-instruct-fp8 ranks 517 out of 3254 chat models by input cost. It is more affordable compared to the median of $0.52 for chat models, and is cheaper than 84% of models in this category.

llama3.1-nemotron-70b-instruct-fp8 is one of 20 Lambda Ai chat models, with support for function calling.

| Model | Provider | Input $/1M | Output $/1M | vs llama3.1-nemotron-70b-instruct-fp8 |
| --- | --- | --- | --- | --- |
| Mistral-7B-Instruct-v0.1 | Anyscale | $0.15 | $0.15 | +25% |
| Mixtral-8x7B-Instruct-v0.1 | Anyscale | $0.15 | $0.15 | +25% |
| gpt-oss-120b | Azure | $0.15 | $0.60 | +25% |
| gpt-4o-mini | Azure | $0.15 | $0.60 | +25% |
| gpt-4.1-nano | Azure | $0.10 | $0.40 | -17% |

## More from Lambda Ai

- [hermes3-70b ($0.12/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/hermes3-70b.md)
- [llama3.1-70b-instruct-fp8 ($0.12/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/llama3.1-70b-instruct-fp8.md)
- [llama3.3-70b-instruct-fp8 ($0.12/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/llama3.3-70b-instruct-fp8.md)
- [lfm-40b ($0.10/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/lfm-40b.md)

## Related Resources

- [All Lambda Ai pricing](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai.md)

## FAQ

### Is llama3.1-nemotron-70b-instruct-fp8 cheaper than Mistral-7B-Instruct-v0.1?

Yes. llama3.1-nemotron-70b-instruct-fp8 costs $0.12 per 1M input tokens compared to Mistral-7B-Instruct-v0.1's $0.15 per 1M input tokens, making it 25% more affordable. Both are chat models and share support for function calling.

### How does llama3.1-nemotron-70b-instruct-fp8 pricing compare to the average chat model?

llama3.1-nemotron-70b-instruct-fp8 input pricing is $0.12 per 1M tokens, which is 77% below the median of $0.52 for chat models. It ranks 517 out of 3254 chat models by input cost, making it cheaper than 84% of models in this category. For output, it costs $0.30 per 1M tokens compared to the median of $1.50.

### What makes llama3.1-nemotron-70b-instruct-fp8 different from other Lambda Ai models?

Among Lambda Ai's 20 chat models, llama3.1-nemotron-70b-instruct-fp8 ranks 13 by input cost.

### What are the best alternatives to llama3.1-nemotron-70b-instruct-fp8?

The most comparable chat models to llama3.1-nemotron-70b-instruct-fp8 are: Mistral-7B-Instruct-v0.1 from Anyscale ($0.15/1M input tokens); Mixtral-8x7B-Instruct-v0.1 from Anyscale ($0.15/1M input tokens); gpt-oss-120b from Azure ($0.15/1M input tokens); gpt-4o-mini from Azure ($0.15/1M input tokens). These alternatives were selected based on similar capabilities, pricing, and provider diversity. You can compare any of these models in detail using the Bifrost Model Library.

### How do I calculate llama3.1-nemotron-70b-instruct-fp8 costs?

llama3.1-nemotron-70b-instruct-fp8 is priced based on input and output tokens. Use the interactive calculator at the top of this page to estimate costs for your specific workload. Enter your expected input and output tokens volume and the calculator will show the total cost breakdown. For reference, processing 1M input tokens costs $0.12 and generating 1M output tokens costs $0.30.

## Related Resources

- [All Lambda Ai pricing](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai.md)
- [LLM cost calculator](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator.md)
- [Model library](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/model-library.md)
- [Docs: Bifrost docs](https://docs.getbifrost.ai)
- [GitHub: maximhq/bifrost](https://github.com/maximhq/bifrost)
- [Pricing: Bifrost pricing](https://www.getmaxim.ai/pricing)
- [Enterprise: Bifrost enterprise](https://www.getmaxim.ai/enterprise)
- [Book a Demo: Bifrost demo](https://www.getmaxim.ai/book-a-demo)
- [Resources: Bifrost resources](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/resources.md)

---

*This is a markdown version of [https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/llama3.1-nemotron-70b-instruct-fp8](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/lambda_ai/model/llama3.1-nemotron-70b-instruct-fp8) for AI/LLM consumption.*