---
title: "o3 Cost Calculator - OpenAI"
description: "Calculate the cost of using o3 from OpenAI. Input costs $2.00 and output $8.00 per 1M tokens."
url: "https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai/model/o3"
markdown: "https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai/model/o3.md"
---

# o3 Cost Calculator - OpenAI

> Calculate the cost of using o3 from OpenAI. Input costs $2.00 and output $8.00 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 o3

o3 is a chat model from OpenAI, one of 94 chat models they offer. It is priced at $2.00 per 1M input tokens and $8.00 per 1M output tokens, ranking 2536 out of 3254 chat models by cost and cheaper than 20% of models in this category. o3 supports vision, function calling, reasoning, web search, prompt caching, structured output. Its 200K-token context window is in the top 50% among chat models.

## Pricing

Published OpenAI pricing for o3.

- **$2.00 / 1M tokens Input.**
- **$8.00 / 1M tokens Output.**

## Technical Specifications

- **Chat Mode.**
- **200,000 Max Input Tokens.**
- **100,000 Max Output Tokens.**
- **100,000 Max Tokens.**

## Model Capabilities

o3 supports: Function Calling, Vision, Reasoning, Web Search, Prompt Caching, Response Schema, Tool Choice, PDF Input.

## How Pricing Compares

At $2.00 per 1M input tokens and $8.00 per 1M output tokens, o3 ranks 2536 out of 3254 chat models by input cost. It is more expensive compared to the median of $0.52 for chat models, and is cheaper than 20% of models in this category.

o3 is one of 94 OpenAI chat models, with support for vision, function calling, reasoning, web search, prompt caching, structured output. its 200K-token context window places it in the top 50% of chat models.

| Model | Provider | Input $/1M | Output $/1M | vs o3 |
| --- | --- | --- | --- | --- |
| gpt-5.6-terra | Azure | $2.00 | $12.00 | 0% |
| claude-sonnet-5 | Anthropic | $2.00 | $10.00 | 0% |
| gemini-3-pro-preview | Vertex AI | $2.00 | $12.00 | 0% |
| gemini-3.1-pro-preview | Vertex AI | $2.00 | $12.00 | 0% |
| gemini-3.1-pro-preview-customtools | Vertex AI | $2.00 | $12.00 | 0% |

## More from OpenAI

- [gpt-4.1 ($2.00/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai/model/gpt-4.1.md)
- [gpt-4.1-2025-04-14 ($2.00/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai/model/gpt-4.1-2025-04-14.md)
- [gpt-5.6-terra ($2.00/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai/model/gpt-5.6-terra.md)
- [o3-2025-04-16 ($2.00/1M input)](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai/model/o3-2025-04-16.md)

## Related Resources

- [OpenAI status](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/provider-status/openai.md)
- [o3 specifications](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/model-library/compare/openai/o3.md)
- [All OpenAI pricing](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai.md)

## FAQ

### Is o3 cheaper than gpt-5.6-terra?

No. o3 costs $2.00 per 1M input tokens while gpt-5.6-terra costs $2.00 per 1M input tokens, making gpt-5.6-terra 0% more affordable for input. However, o3 may offer different capabilities or performance characteristics that justify the price difference.

### How does o3 pricing compare to the average chat model?

o3 input pricing is $2.00 per 1M tokens, which is 288% above the median of $0.52 for chat models. It ranks 2536 out of 3254 chat models by input cost, making it cheaper than 20% of models in this category. For output, it costs $8.00 per 1M tokens compared to the median of $1.50.

### What makes o3 different from other OpenAI models?

Among OpenAI's 94 chat models, o3 ranks 49 by input cost.

### What are the best alternatives to o3?

The most comparable chat models to o3 are: gpt-5.6-terra from Azure ($2.00/1M input tokens); claude-sonnet-5 from Anthropic ($2.00/1M input tokens); gemini-3-pro-preview from Vertex AI ($2.00/1M input tokens); gemini-3.1-pro-preview from Vertex AI ($2.00/1M 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 o3 costs?

o3 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 $2.00 and generating 1M output tokens costs $8.00.

## Related Resources

- [All OpenAI pricing](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai.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/openai/model/o3](https://maxim-root-proxy-preview.getmaxim.workers.dev/bifrost/llm-cost-calculator/provider/openai/model/o3) for AI/LLM consumption.*