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

Llama 3.1 8B Instruct

by NovitaAI · family llama · listed Jul 2024W

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 FlashDeepSeek V4 Flash: $0.14 per 1M tokens$0.14Qwen3.7 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)
Llama 3.1 8B InstructLlama 3.1 8B Instruct: $0.05 per 1M tokens$0.05DeepSeek V4 FlashDeepSeek V4 Flash: $0.28 per 1M tokens$0.28Grok 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-3.1-8b-instruct
Context window
16K tokens
Max output
16K tokens
Input modalities
text
Output modalities
text
Reasoning
no
Tool calls
no
Open weights
yes
Knowledge cutoff
—
Released
2024-07-24
Last updated
2024-07-24
Provider docs
novita.ai/docs/guides/introduction

Back of the envelope

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