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chatgpt-image-latest Cost Calculator - OpenAI

Calculate the cost of using chatgpt-image-latest from OpenAI for your AI applications

Pricing data last updated:

chatgpt-image-latest Cost Calculator

Mode: Image Generation

Cost Breakdown

Input Cost$0.005000
Total Cost$0.005000

Pricing Details

Input: $0.00000500 per token
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About chatgpt-image-latest

chatgpt-image-latest is an image generation model from OpenAI, one of 7 image generation models they offer. It is priced at $5.00 per 1M input tokens, ranking 23 out of 24 image generation models by cost and cheaper than 0% of models in this category.

Pricing Information

Input Cost$5.00 per 1M tokens

Note: Use the interactive calculator above to estimate costs for your specific usage patterns.

How chatgpt-image-latest Pricing Compares

At $5.00 per 1M input tokens, chatgpt-image-latest ranks 23 out of 24 image generation models by input cost. It is more expensive compared to the median of $3.50 for image generation models, and is cheaper than 0% of models in this category.

ModelProviderInput / 1M tokensOutput / 1M tokensvs chatgpt-image-latest
gpt-image-1Azure$5.00-0%
gpt-image-1.5Azure$5.00-0%
gpt-image-1.5-2025-12-16Azure$5.00-0%

Alternatives to chatgpt-image-latest

Similar image generation models from other providers

Azure
gpt-image-1
$5.00/1M input
0% vs chatgpt-image-latest
Azure
gpt-image-1.5
$5.00/1M input
0% vs chatgpt-image-latest
Azure
gpt-image-1.5-2025-12-16
$5.00/1M input
0% vs chatgpt-image-latest
Azure
gpt-image-2
$5.00/1M input
0% vs chatgpt-image-latest
Azure
gpt-image-2-2026-04-21
$5.00/1M input
0% vs chatgpt-image-latest

Frequently Asked Questions

Is chatgpt-image-latest cheaper than gpt-image-1?

No. chatgpt-image-latest costs $5.00 per 1M input tokens while gpt-image-1 costs $5.00 per 1M input tokens, making gpt-image-1 0% more affordable for input. However, chatgpt-image-latest may offer different capabilities or performance characteristics that justify the price difference.

How does chatgpt-image-latest pricing compare to the average image generation model?

chatgpt-image-latest input pricing is $5.00 per 1M tokens, which is 43% above the median of $3.50 for image generation models. It ranks 23 out of 24 image generation models by input cost, making it cheaper than 0% of models in this category.

What makes chatgpt-image-latest different from other OpenAI models?

Among OpenAI's 7 image generation models, chatgpt-image-latest ranks 7 by input cost.

What are the best alternatives to chatgpt-image-latest?

The most comparable image generation models to chatgpt-image-latest are: gpt-image-1 from Azure ($5.00/1M input tokens); gpt-image-1.5 from Azure ($5.00/1M input tokens); gpt-image-1.5-2025-12-16 from Azure ($5.00/1M input tokens); gpt-image-2 from Azure ($5.00/1M 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 check if OpenAI is down?

You can monitor OpenAI service health in real time on the Bifrost OpenAI Status page. It tracks current component status, active incidents, and historical reliability data pulled from the official status page every 60 seconds.

How do I calculate chatgpt-image-latest costs?

chatgpt-image-latest 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.