Llama 3.1 70B Instruct API pricing
10 providers serve Llama 3.1 70B Instruct. Llama 3.1 70B Instruct is a proprietary API model, up to 131K context. Prices below are per 1M tokens, cheapest input first.
Refreshed 2026-08-15 · list prices from provider APIs| Provider | Input $/1M | Output $/1M | Cache read $/1M | Context | |
|---|---|---|---|---|---|
| Hyperbolic | $0.120 | $0.300output floor | - | 33K | Use |
| Nebius | $0.130 | $0.400 | - | 128K | Use |
| DeepInfra | $0.400 | $0.400 | - | 131K | Use |
| OpenRouter marketplace quote | $0.400 | $0.400 | - | 131K | Use |
| FriendliAI | $0.600 | $0.600 | - | 8K | Use |
| OVHcloud | $0.670 | $0.670 | - | 131K | Use |
| Oracle OCI | $0.720 | $0.720 | - | 128K | Use |
| Vercel AI Gateway | $0.720 | $0.720 | - | 128K | Use |
| Perplexity | $1.00 | $1.00 | - | 131K | Use |
| Azure AI Foundry | $2.68 | $3.54 | - | 128K | Use |
The cheapest way to run Llama 3.1 70B Instruct
On an illustrative 70M-input / 30M-output monthly workload, today's lowest listed cost is roughly $17.40/month, at Hyperbolic. Input-heavy, output-heavy and cache-heavy workloads can produce different winners. Use the live mix calculator below rather than combining floors from two different providers. It is API-only, so the table above is your full set of options. Run your own numbers in the breakeven calculator, or read the breakeven math.
Your actual monthly cost
Cache read uses the listed cache rate where available; otherwise it falls back to normal input price. Batch, write-cache, volume and negotiated discounts are excluded.
Related models
| Model | Cheapest in $/1M | Cheapest out $/1M | Providers |
|---|---|---|---|
| Llama 3.3 70B | $0.100 | $0.200 | 15 |
| Llama 3.1 8B | $0.020 | $0.030 | 15 |
| Llama 4 Scout | $0.050 | $0.100 | 11 |
| Llama 4 Maverick | $0.050 | $0.100 | 9 |
| Llama 3.2 3B | $0.020 | $0.020 | 9 |
| Llama-3-70b | $0.120 | $0.300 | 7 |
FAQ
What is the cheapest API for Llama 3.1 70B Instruct?
As of 2026-08-15, the lowest input price for Llama 3.1 70B Instruct is Hyperbolic at $0.120 per 1M input tokens. The lowest output price is Hyperbolic at $0.300 per 1M output tokens. The cheapest provider for a real workload depends on its input/output mix. The next-lowest input price is Nebius at $0.130, a 8% difference.
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