Tuesday, July 7, 2026 · No. 345Prices synced 1 hour ago
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The AI Model Price Index

Meta: Llama 3.1 70B Instruct

by Kilo Gateway · listed Jul 2024TW

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

Current rates USD per 1M tokens

Input$0.40
Output$0.40
Cache read—
Cache write—

Against the market

Input price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.14 per 1M tokens$0.14Meta: Llama 3.1 70B InstructMeta: Llama 3.1 70B Instruct: $0.40 per 1M tokens$0.40Qwen3.7 PlusQwen3.7 Plus: $0.50 per 1M tokens$0.50Grok 4.3Grok 4.3: $1.25 per 1M tokens$1.25Gemini 3.5 FlashGemini 3.5 Flash: $1.50 per 1M tokens$1.50Mistral Medium (latest)Mistral Medium (latest): $1.50 per 1M tokens$1.50Claude Sonnet 5Claude Sonnet 5: $2.00 per 1M tokens$2.00GPT-5.5 ProGPT-5.5 Pro: $30.00 per 1M tokens$30.00
Output price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.28 per 1M tokens$0.28Meta: Llama 3.1 70B InstructMeta: Llama 3.1 70B Instruct: $0.40 per 1M tokens$0.40Grok 4.3Grok 4.3: $2.50 per 1M tokens$2.50Qwen3.7 PlusQwen3.7 Plus: $3.00 per 1M tokens$3.00Mistral Medium (latest)Mistral Medium (latest): $7.50 per 1M tokens$7.50Gemini 3.5 FlashGemini 3.5 Flash: $9.00 per 1M tokens$9.00Claude Sonnet 5Claude Sonnet 5: $10.00 per 1M tokens$10.00GPT-5.5 ProGPT-5.5 Pro: $180 per 1M tokens$180

On the record

Model id
meta-llama/llama-3.1-70b-instruct
Context window
131K tokens
Max output
26K tokens
Input modalities
text
Output modalities
text
Reasoning
no
Tool calls
yes
Open weights
yes
Knowledge cutoff
—
Released
2024-07-16
Last updated
2024-07-23
Provider docs
kilo.ai

Back of the envelope

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