Toolsummary · LLM pricing data

Meta Llama 3.1 70 B Instruct pricing

Source: litellm · updated 2026-10-27

Short answer: Meta Llama 3.1 70 B Instruct costs $0.130 per million input tokens and $0.400 per million output tokens. That is a 3:1 blended rate of $0.198 per million tokens, ranking it #165 of 704 tracked models by input price.

Price breakdown

MetricUSD
Input, per 1M tokens$0.130
Output, per 1M tokens$0.400
Output รท input multiple3.08×
3:1 blended, per 1M tokens$0.198
Context window128,000 tokens

What a typical workload costs

Monthly volumeInput costOutput costTotal1M in / 250K out$0.130$0.100$0.230
10M in / 2.5M out$1.30$1.00$2.30
100M in / 25M out$13.00$10.00$23.00

Other nebius models

ModelInputOutput
Qwen 2.5 Coder 7 B$0.010$0.030
Llama Guard 3.8 B$0.020$0.060
Meta Llama 3.1.8 B Instruct$0.020$0.060
Qwen 2 VL 7 B Instruct$0.020$0.060
Mistral Nemo Instruct 2407$0.040$0.120

Compare against

Cheaper alternatives

Next cheaper option: Qwen 3.5.9 B at $0.170 per 1M input tokens. Next step up: GPT Luna Latest at $0.100 per 1M input tokens.