OpenAI

GPT Oss 120b API Pricing

GPT Oss 120b costs $0.15 per 1M input tokens and $0.6 per 1M output tokens on OpenAI's API. Cached input is billed at $0.15 per 1M tokens. Prices are provider list prices in USD, refreshed as sources update; see the GPT Oss 120b model profile for capability scores.

Input / 1M
$0.15
Output / 1M
$0.6
Effective / 1M I/O
$0.7632
Cost Rank
#19

Price List

RatePrice (USD)Notes
Input$0.15per 1M tokens
Output$0.6per 1M tokens
Cached input (read)$0.15per 1M tokens
Blended input + output$0.751M in + 1M out at list price
Context window131K tokens

What a Workload Costs

Computed straight from the list prices above — token counts are illustrative workload sizes, not measurements of GPT Oss 120b.

WorkloadCostTokens
Short chat turn$0.000451K in / 500 out
Summarize a long document$0.016100K in / 2K out
Agentic coding session$0.135500K in / 100K out
1M input + 1M output tokens$0.7501M in / 1M out

Effective Cost

In AI IQ's scoring, GPT Oss 120b's list price is adjusted by a token-usage multiplier of 1.018 (measured from real benchmark runs), giving an effective cost of $0.7632 per 1M input + output tokens. That places it #19 of 117 models on the effective-cost ranking (lower is cheaper). Some models spend far more tokens than others on the same task, so effective cost compares what a unit of work really costs. Method details are on the methodology page; see all models on the cost charts and the falling cost of intelligence over time.

Cheaper Alternatives at Similar Capability

Models with a lower effective cost that score within a few IQ points of GPT Oss 120b (IQ 105), or better.

ModelProviderIQEffective Cost / 1M
mimo-v2-flashXiaomi105$0.6716

Compare