GLM 4.5 API pricing
As of October 22, 2026, Z.ai GLM 4.5 costs $0.60 per million input tokens and $2.20 per million output tokens on Z.ai's own API, with cached input at $0.11 per million.
- Input, per million tokens$0.60
- Output, per million tokens$2.20
- Cached input, per million$0.11
- Context window131K tokens
- Max output98K tokens
- Output speedNot measured
What a request costs
Three fixed token mixes at the list price, without cache or batch discounts. For a whole month, use the calculator.
| Workload | Tokens | One request | 1,000 requests | Fits the context window |
|---|---|---|---|---|
| Chat turn | 1K input + 500 output tokens | $0.0017 | $1.70 | Yes |
| Repository review | 50K input + 3K output tokens | $0.037 | $36.60 | Yes |
| Agent loop | 200K input + 10K output tokens | $0.142 | $142.00 | No, it would need splitting |
| Solved coding task | One SWE-bench Verified attempt, divided by the share that succeed | Not computable | Not computable |
Price history
We have read Z.ai's own price every day since October 21, 2026. It has not changed yet; any change will be listed here with its date.
- October 21, 2026 First recorded: $0.60 input, $2.20 output
Cheaper models as good as GLM 4.5
GLM 4.5 has no overall or coding score, so we make no quality claim against it.
GLM 4.5 pricing questions
- How much does GLM 4.5 cost per million tokens?
- $0.60 per million input tokens and $2.20 per million output tokens, as listed on OpenRouter on October 22, 2026.
- Does GLM 4.5 support prompt caching?
- Yes. OpenRouter lists cached input at $0.11 per million tokens, against $0.60 for uncached input.
- Has the price of GLM 4.5 changed?
- Not since we started recording it daily on October 21, 2026.