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Best LLM under $5 per million tokens

Gemini 3.8 Flash leads
69.0
budget, per M output
$5
models fit
85
lead over #2
+0.4

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, Google Gemini 3.8 Flash leads 85 models that qualify, with 69.0 on the overall index, ahead of Meta Muse Spark 1.3 (68.6) and Xiaomi MiMo-V2.6-Pro (68.4).

Top 20 of 85, higher is better

Embed this data
Best LLM under $5 per million tokens
Rank Model Overall index Evidence Coding index Output $/Mtok
1
69.0
61.6 $3.75
2
68.6
57.4 $4.25
3
MiMo-V2.6-Pro Xiaomi
68.4
65.4 $0.87
4
68.3
62.5 $3.75
5
GLM 5.3 Z.ai
67.9
70.6 $4.40
6
Claude Haiku 5.5 Anthropic
67.6
70.7 $0.50
7
67.6
70.3 $0.60
8
67.0
70.3 $4.25
9
66.0
57.7 $0.50
10
65.7
58.0 $3.75
11
GLM 5.2 Z.ai
62.5
61.1 $4.40
12
62.4
62.5 $0.84
13
61.7
54.1 $4.425
14
GPT-5.6 Luna OpenAI
61.6
58.0 $1.20
15
60.8
56.1 $1.98
16
60.8
54.7 $0.28
17
Step 5 Preview StepFun
60.5
61.1 $2.70
18
Kimi K2.6 Moonshot AI
60.5
52.1 $4.00
19
60.4
55.7 $4.25
20
GPT-6 Luna OpenAI
59.7
57.3 $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 $5 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