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Best LLM under $1 per million tokens

MiMo-V2.6-Pro leads
68.4
budget, per M output
$1
models fit
35
lead over #2
+0.8

Overall index · read October 22

Cheapest output, $ per million tokens

  • S Llama 3 8B Lunaris $0.05
  • Gemma 3 4B $0.075
  • Mistral Small 3 $0.08
  • Llama 3.1 8B Instruct $0.08
  • N Nex-N2.5-Mini $0.10
  • Reka Edge $0.10
  • Ministral 3 3B 2512 $0.10
  • Granite 4.0 Micro $0.112

As of October 22, 2026, Xiaomi MiMo-V2.6-Pro leads 35 models that qualify, with 68.4 on the overall index, ahead of Anthropic Claude Haiku 5.5 (67.6) and DeepSeek V4.1 Flash 1017 (67.6).

Top 20 of 35, higher is better

Embed this data
Best LLM under $1 per million tokens
Rank Model Overall index Evidence Coding index Output $/Mtok
1
MiMo-V2.6-Pro Xiaomi
68.4
65.4 $0.87
2
Claude Haiku 5.5 Anthropic
67.6
70.7 $0.50
3
67.6
70.3 $0.60
4
66.0
57.7 $0.50
5
62.4
62.5 $0.84
6
60.8
54.7 $0.28
7
GPT-6 Luna OpenAI
59.7
57.3 $0.50
8
55.2
51.8 $0.396
9
54.7
Not enough data $0.60
10
MiMo-V2.5 Xiaomi
50.7
50.0 $0.336
11
50.1
41.1 $0.26
12
gpt-oss-120b OpenAI
50.0
Not enough data $0.50
13
45.0
Not benchmarked $1.00
14
Gemma 4 31B Google
42.1
39.0 $0.40
15
42.1
Not benchmarked $0.40
16
41.5
Not benchmarked $0.30
17
Qwen3 32B Qwen
40.8
Not benchmarked $0.40
18
MiMo-V2.5-Pro Xiaomi
39.3
31.6 $0.9152
19
gpt-oss-20b OpenAI
38.5
Not benchmarked $0.15
20
38.2
Not benchmarked $0.50

How this list is built

Generated from the dataset on every refresh. Nobody picks the order by hand.

Models with a paid output price of $1 or less per million tokens on OpenRouter, ordered by the LLMBenchmark Index, highest first. The index is our own 0 to 100 composite of our five skill indexes, the Artificial Analysis Intelligence Index and the LMArena text Elo, with a 90% margin.

Other lists

Rankings beyond coding · Methodology