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The AI Model Price Index

Llama 3.1 8B Instruct

by Nvidia · family llama · listed Jan 2025TW

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

Current rates USD per 1M tokens

Inputfree
Outputfree
Cache read—
Cache write—

Against the market

Input price vs. maker flagships ($/1M tokens)
Llama 3.1 8B InstructLlama 3.1 8B Instruct: free per 1M tokensfreeDeepSeek 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: free per 1M tokensfreeDeepSeek 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-3.1-8b-instruct
Context window
16K tokens
Max output
4K tokens
Input modalities
text
Output modalities
text
Reasoning
no
Tool calls
yes
Open weights
yes
Knowledge cutoff
Dec 2023
Released
2025-01-01
Last updated
2025-01-01
Provider docs
docs.api.nvidia.com/nim/

Back of the envelope

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