TokenTally

GPT-5.4 Nano API pricing — what it really costs

GPT-5.4 Nano (OpenAI) costs $0.200 per 1M input tokens and $1.25 per 1M output tokens. Prices verified 2026-07-05; we track the price you are actually billed today, including promotional rates.

Price per 1M tokens

InputOutputCached input
$0.200$1.25

Real monthly costs on GPT-5.4 Nano

Three realistic workloads, computed from the prices above (cached share billed at the cache-read rate where the provider offers one):

Customer-support chatbot

$1.02/mo

2M input + 0.5M output tokens/month, 60% of input served from prompt cache

RAG / document Q&A

$5.25/mo

20M input + 1M output tokens/month, 70% cached (shared context)

Agentic coding assistant

$16.25/mo

50M input + 5M output tokens/month, 80% cached (long sessions)

Want exact numbers for your usage? Open the calculator — same verified prices, your token volumes.

Compare GPT-5.4 Nano

FAQ

How much does the GPT-5.4 Nano API cost?

GPT-5.4 Nano costs $0.200 per 1M input tokens and $1.25 per 1M output tokens. Pricing verified 2026-07-05.

What does a typical workload cost on GPT-5.4 Nano?

Customer-support chatbot: about $1.02/month (2M input + 0.5M output tokens/month, 60% of input served from prompt cache). RAG / document Q&A: about $5.25/month (20M input + 1M output tokens/month, 70% cached (shared context)). Agentic coding assistant: about $16.25/month (50M input + 5M output tokens/month, 80% cached (long sessions))

Is GPT-5.4 Nano expensive compared to other models?

GPT-5.4 Nano ranks #2 of 15 models by blended price in our comparison. The cheapest tracked model is DeepSeek V4 Flash at $0.140/$0.280 per 1M tokens.