14 Cheapest Llama Models
Every active Llama model ranked by blended price per million tokens. · verified 2026-10-23
#1 is Llama 3.2 1B Instruct (instruct) at $0.02 input and $0.02 output per million tokens.
// ranking
| # | model | lab | in $/1M | out $/1M | ctx |
|---|---|---|---|---|---|
| 1 | Llama 3.2 1B Instruct (instruct) | Meta | $0.02 | $0.02 | 131K |
| 2 | Llama-3.1-8B-Instruct | Meta | $0.02 | $0.05 | 16.4K |
| 3 | Llama 3.2 1B Instruct | Meta | $0.027 | $0.201 | 60K |
| 4 | Llama 3.2 3B Instruct | Meta | $0.0509 | $0.335 | 80K |
| 5 | Muse Spark 1.2 Contributor | Meta | $0.10 | $0.20 | 1.05M |
| 6 | Muse Spark 1.3 Contributor | Meta | $0.10 | $0.20 | 1.05M |
| 7 | Llama 4 Scout 17B | Meta | $0.10 | $0.30 | 327.7K |
| 8 | Llama 3.3 70B Turbo | Meta | $0.10 | $0.32 | 131.1K |
| 9 | Llama Guard 4 12B | Meta | $0.18 | $0.18 | 163.8K |
| 10 | Llama 3.2 11B Vision Instruct | Meta | $0.0485 | $0.676 | 128K |
| 11 | Llama Guard 3 8B | Meta | $0.484 | $0.03 | 131.1K |
| 12 | Muse Spark 1.1 | Meta | $1.25 | $4.25 | 1.05M |
| 13 | Muse Spark Open | Meta | $1.25 | $4.25 | 1.05M |
| 14 | Muse Wonder | Meta | $4.00 | $20.00 | 1.05M |
// how this ranking works
Every active Llama model ranked by blended price per million tokens. Only active models with a published price and context window are included. Prices are base-tier list prices in USD per million tokens; the blended price weights input and output 3:1, a typical mix for chat and RAG workloads. The data comes from models.dev and is refreshed every day, so this ranking changes as soon as a provider changes its prices.