Calculate the cost of using chatgpt-image-latest from OpenAI for your AI applications
Pricing data last updated:
Mode: Image Generation
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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.
Note: Use the interactive calculator above to estimate costs for your specific usage patterns.
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.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs chatgpt-image-latest |
|---|---|---|---|---|
| gpt-image-1 | Azure | $5.00 | - | 0% |
| gpt-image-1.5 | Azure | $5.00 | - | 0% |
| gpt-image-1.5-2025-12-16 | Azure | $5.00 | - | 0% |
Similar image generation models from other providers
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.
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.
Among OpenAI's 7 image generation models, chatgpt-image-latest ranks 7 by input cost.
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.
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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.