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The AI Model Price Index

Llama 3.1 8B Instruct

by Abacus · family llama · listed Jul 2024TW

Open Llama instruction model for multilingual chat, reasoning, and coding

Current rates USD per 1M tokens

Input$0.02
Output$0.05
Cache read
Cache write

Against the market

Input price vs. maker flagships ($/1M tokens)
Llama 3.1 8B InstructLlama 3.1 8B Instruct: $0.02 per 1M tokens$0.02DeepSeek V4 ProDeepSeek V4 Pro: $0.435 per 1M tokens$0.435Gemini 3.7 FlashGemini 3.7 Flash: $0.75 per 1M tokens$0.75Mistral Medium 3.5Mistral Medium 3.5: $1.50 per 1M tokens$1.50Grok 4.6Grok 4.6: $2.00 per 1M tokens$2.00Qwen3.8 MaxQwen3.8 Max: $2.00 per 1M tokens$2.00Claude Opus 5Claude Opus 5: $5.00 per 1M tokens$5.00GPT-5.6 SolGPT-5.6 Sol: $5.00 per 1M tokens$5.00
Output price vs. maker flagships ($/1M tokens)
Llama 3.1 8B InstructLlama 3.1 8B Instruct: $0.05 per 1M tokens$0.05DeepSeek V4 ProDeepSeek V4 Pro: $0.87 per 1M tokens$0.87Gemini 3.7 FlashGemini 3.7 Flash: $3.75 per 1M tokens$3.75Grok 4.6Grok 4.6: $6.00 per 1M tokens$6.00Qwen3.8 MaxQwen3.8 Max: $6.00 per 1M tokens$6.00Mistral Medium 3.5Mistral Medium 3.5: $7.50 per 1M tokens$7.50Claude Opus 5Claude Opus 5: $25.00 per 1M tokens$25.00GPT-5.6 SolGPT-5.6 Sol: $30.00 per 1M tokens$30.00

On the record

Model id
meta-llama/Meta-Llama-3.1-8B-Instruct
Context window
128K tokens
Max output
4K tokens
Input modalities
text
Output modalities
text
Reasoning
no
Tool calls
yes
Open weights
yes
Knowledge cutoff
Released
2024-07-23
Last updated
2024-07-23
Provider docs
abacus.ai/help/api

Back of the envelope

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