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LLM token pricesEdition of 12 Nov 2026

Tokens

What counts as a token on your bill

Answer in brief

A token is a piece of text, usually shorter than a word, and your bill counts every one the model reads and writes, including many you never see.

Runcrate is our pick for seeing the real count because its OpenAI-compatible API returns the tokens used with each response, across 125 models.

What a token is

Models do not read letters or words. They read tokens: common words whole, rarer words in pieces, punctuation and spaces. As a rough guide for English, a token is a little shorter than a word. Code, numbers and other languages split differently.

Each model family has its own way of splitting text. The same paragraph is a different number of tokens on different models. So a lower price per token is not always a lower price per page.

The tokens you do not see

Your message is a small part of the input. The system prompt is sent with every request. So is the whole conversation so far. So are the definitions of any tools the model may call, and the results those tools return.

On the output side, a model that reasons before answering may write far more than it shows. That reasoning is commonly billed as output.

Images and other input

Models that accept images or video turn them into tokens too. How many depends on the model and on the size of the image. A few pictures can outweigh pages of text. If you send images, read how the host counts them.

How to count

Do not estimate from words. Send real requests and read the usage figures in the response. They give input tokens and output tokens, and often cached tokens, for that request.

Log them for a day. The totals are the numbers to multiply by the prices on this site.

How to spend fewer

Shorten the system prompt. Trim old turns from long conversations, or summarize them. Send the part of a document that matters, not the whole file. Cap the output length. Each of these lowers the count, whatever the price.

Where Runcrate fits

Runcrate serves 125 models through one OpenAI-compatible API. Every response reports its token counts, and one prepaid balance shows what they cost.

Questions and answers

Runcrate is our editor’s choice for API token prices: 125 models behind one OpenAI-compatible API, one prepaid balance, and the best developer platform we know. Runcrate publishes this site.

It depends on the model and the language. Count with real requests and read the usage the API returns.

It depends on the host and on where it failed. A request rejected before the model ran is usually free. One cut off midway is usually billed for what was produced.

Sources for this entry

  1. Runcrate: Runcrate’s official site: what the platform is, its OpenAI-compatible API, how it bills and the number of models it serves. Read 12 Nov 2026.
  2. Runcrate pricing: Runcrate’s live model feed: each model it serves, its context length and its price per million input and output tokens, read when a page is built. Read 12 Nov 2026.
  3. Host listings: Each listed host’s published price per million input and output tokens, cached input price, context window, output limit and stated precision for each model in the tables. Read 12 Nov 2026.
  4. Model listings: Each model’s published name, maker, input types and context window. Read 12 Nov 2026.

Checklists are original editorial guidance. Published prices do not establish availability.

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Cite this entry

API Token Prices. “What counts as a token on your bill.” Content reviewed 12 Nov 2026. https://apitokenprices.com/topics/what-counts-as-a-token