ChatGPT API Pricing: Now 10x Cheaper than GPT-3.5!


ChatGPT is a powerful AI-powered platform that can do various tasks such as email writing, article writing, writing codes, idea generation, answering questions, and many more. You can use these powers of ChatGPT on your own platform if you want, by using the ChatGPT API! But, What is the ChatGPT API Pricing? We will let you know in this article.

ChatGPT API Pricing

The ChatGPT API Pricing is $0.002 per 1k tokens. 1k tokens are equivalent to 750 words of output (Approx.). This cost is almost 10X cheaper than the GPT-3.5 models.

In this article, we will tell you everything you need to know about ChatGPT API. We will especially focus on the ChatGPT API Pricing plans along with what is it, how much cheaper it is, and whether it has any limitations or not. So, if you find it interesting, consider continue reading!

What Is ChatGPT API?

ChatGPT API Pricing
AI Chatbot - Image Via Freepik

The ChatGPT API is a tool that allows developers to connect and use the ChatGPT is any other platform. You will get the same quality of its features but, on your own platform. You can use the ChatGPT API in many cases.

 

The OpenAI ChatGPT is a great chatbot that can do a lot of tasks such as writing, answering general questions, writing codes, making schedules, solving maths, etc. The ChatGPT is now also able to connect to the Internet.

 

There are also other use cases of ChatGPT that can help you to grow in your specific business. Or, if you are a regular worker, the ChatGPT can help you a lot. This is where the ChatGPT API can come to your work.

 

With the help of OpenAI ChatGPT API, you can use the power of ChatGPT in your own way. You can also sell services like writing, coding, or solving by using the OpenAI ChatGPT APIs!

ChatGPT API Pricing Plans

ChatGPT API Pricing
AI - Image Via Freepik

The ChatGPT API Pricing is only $0.002 per 1k tokens. One token is one work. For example, here is a sentence, ”I love to work using AI”. This sentence contains 6 tokes. For this, if you use 1000 tokens, you will be charged only $0.002.

 

The total tokens will be numbered by calculating both input and output. Like, if you give a prompt of 200 tokens and the ChatGPT API gives you an output of 800 tokens then, a total of 1000 tokens will be counted.

 

Currently, the OpenAI ChatGPT API is not free. But, you will get some free tokens as a trial. However, the amount of free tokens is limited (Worth $18). The ChatGPT’s API is 10 times cheaper than the API of ChatGPT 3.5. This gives the opportunity to use it more!

How to Get ChatGPT API?

ChatGPT API Pricing
AI Chatbot - Image Via Freepik

If you want to get the OpenAI ChatGPT, you will have to sign up for OpenAI first. After you sign up and log in, you will be able to get API. Let’s see how you can sign up and get a ChatGPT API step-by-step:

 

Sign Up:

  • Go to the OpenAI.
  • Click on the “Sign Up” button.
  • Enter your email address and password.
  • You can also use a Google account if you want.
  • Check your mail address and Verify the account.
  • After verification, Log in to your OpenAI account.

Getting ChatGPT API Key:

  • Go to OpenAI Account.
  • Click on the “API Keys” button in the top right corner of the page.
  • Click on the “Create New Secret Key” button.
  • Enter a name for your API key and click on the “Create Secret Key” button.
  • Save the API key to somewhere safe.

That’s it! Now, you have successfully got the ChatGPT API key. Now, you can integrate it to your own platform. The billings will be generated automatically according to your API usage.

Why is ChatGPT API 10X Cheaper than GPT-3.5?

The ChatGPT API is 10 times cheaper than the previous ones. Because, of the previous ChatGPT model, The GPT-3.5 was priced at about $0.02 per 1k tokens. But, why is ChatGPT API 10X cheaper than GPT-3.5?

 

The ChatGPT’s wide range of user base is the main reason behind it. The ChatGPT has been used by more than 2 Billion of users every month. So, the API purchase has gone up.

 

To make the ChatGPT API available to everyone, OpenAI has reduced the pricing of its API. But, previously, there were few people who were using the APIs. That’s why the prices were high. Nu, not anymore! You can check the detailed Pricing of OpenAI’s other APIs Here.

FAQs

Q. Is the ChatGPT API free?

No, The ChatGPT API is not free. But, you will get a $18 free credit as a trial. After that, you will have to pay $0.002 per 1k credit.

Q. How much does ChatGPT cost?

The ChatGPT is free to use. You can use the ChatGPT for free by going to chat.openai.com. But, If you want to get the ChatGPT Plus, it will cost you $20/month.

Q. Is ChatGPT 4 API free?

No, ChatGPT 4 API is not free. but, you will get $18 credit as trial usage. After that, you will have to pay $0.002 per 1k credit. 1K credit is about 750 words (Approx.)

Conclusion

In conclusion, The ChatGPT API Pricing (ChatGPT 4 API) is only $0.002 per 1k credit. 1k credit is equivalent to 750 words.  It will be a great choice if you want to get the ChatGPT API for your work. In this article, we have shown you how you can get a ChatGPT API.

 

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