How to Compare Token Pricing When Choosing a Low Cost LLM API

https://modelmakers.northvaledigest.com/posts/how-to-compare-token-pricing-when-choosing-a-low-cost-llm-api

When evaluating low-cost LLM APIs, compare token pricing by looking at cost per million input and output tokens, but also check context window limits and whether the model charges differently for cached or batched requests. Some providers offer lower per-token rates but require minimum purchases or have higher latency, while others include free usage tiers or reduce costs for slower processing speeds.