OpenAI offers four main API tiers in 2026, from the budget-friendly GPT-4o mini to the flagship GPT-5.2. Understanding the cost differences across models is critical to controlling your AI spend - the price gap between tiers is up to 80x.
Credit-based pay-per-use with token-settled billing. No monthly subscription. Paid credits never expire.
Replace multiple AI subscriptions with one wallet that includes routing, failover, and optimization.
Kept as reference for model evaluation. LLMWise pricing shown below uses credit reserves plus token-settled billing.
| Tier | Input / 1M tokens | Output / 1M tokens | Context | Note |
|---|---|---|---|---|
| GPT-5.2 | $3.00 | $12.00 | 256K tokens | OpenAI's most capable model with vision, function calling, structured outputs, and top benchmark scores. The default choice for complex reasoning and production apps. |
| GPT-5.2 Mini | $0.40 | $1.60 | 128K tokens | Lightweight variant of GPT-5.2 optimized for speed and cost. Retains 90%+ quality on classification, extraction, and straightforward Q&A tasks. |
| GPT-4o | $2.50 | $10.00 | 128K tokens | Previous-generation flagship still available on the API. Slightly cheaper than GPT-5.2 but outperformed on most benchmarks. Best for teams with existing GPT-4o prompt pipelines. |
| GPT-4o mini | $0.15 | $0.60 | 128K tokens | The cheapest OpenAI model. Ideal for high-volume, cost-sensitive workloads like tagging, routing, and simple completions where top-tier accuracy is not required. |
Current GPT-5.2 billing context: compare providers, then run the same workload on LLMWise for request-based credits.
If your team sends 20 support messages a day in Chat mode, the minimum reserve is around 600 credits each month (starts at 1 reserve credit/request). Final usage settles by model and token volume.
$450.00/mo sending everything to GPT-5.2 ($150 input + $300 output)
OpenAI's API remains the industry standard, but their pricing spans an 80x range between GPT-4o mini and GPT-5.2 reasoning. Most teams overpay by sending every request to the flagship model. LLMWise's auto-router fixes this by analyzing each query and routing it to the cheapest OpenAI model that delivers equivalent quality. Pair that with automatic failover to Claude or Gemini during outages, and you get lower costs with higher reliability - all through a single API key.
Credit-based pay-per-use with token-settled billing. No monthly subscription. Paid credits never expire.
Replace multiple AI subscriptions with one wallet that includes routing, failover, and optimization.
Pricing changes, new model launches, and optimization tips. No spam.