Llama 3.1 70B Instruct pricing & specs
Meta · released 2024-07-23 · ● verified 2026-10-11
input / 1M$0.72via Amazon Bedrock
output / 1M$0.72via Amazon Bedrock
context128K
max output4.1K
// price history ($/1M tokens)
// cheaper or similar alternatives
| model | in | out | ctx | vs Llama 3.1 70B Instruct |
|---|---|---|---|---|
| Llama 3.2 1B Instruct | $0.02 | $0.02 | 131K | −97.2% |
| Gemma 4 E2B IT | $0.04 | $0.08 | 131.1K | −93.1% |
| Qwen3.7 Flash | $0.03 | $0.13 | 1M | −92.4% |
| Gemma 3 12B IT | $0.05 | $0.10 | 131.1K | −91.3% |
| Command R7B | $0.0375 | $0.15 | 128K | −90.9% |
// price by host
| host | in $/1M | out $/1M |
|---|---|---|
| Amazon Bedrock | $0.72 | $0.72 |
// faq
How much does Llama 3.1 70B Instruct cost?
Llama 3.1 70B Instruct costs $0.72 per million input tokens and $0.72 per million output tokens (cheapest tracked host: Amazon Bedrock). At 50M input and 10M output tokens per month that is about $43.20.
What is the context window of Llama 3.1 70B Instruct?
128K tokens, with up to 4.1K output tokens per request.
What are cheaper alternatives to Llama 3.1 70B Instruct?
Llama 3.2 1B Instruct ($0.02 in / $0.02 out), Gemma 4 E2B IT ($0.04 in / $0.08 out), Qwen3.7 Flash ($0.03 in / $0.13 out) offer the same input types and capabilities for less.
Is Llama 3.1 70B Instruct open weights?
Yes. It is available from 1 tracked hosts; the cheapest is Amazon Bedrock at $0.72 input and $0.72 output per million tokens.
// spec sheet
- input / 1M
- $0.72
- output / 1M
- $0.72
- blended (3:1)
- $0.72
- context
- 128K
- max output
- 4.1K
- input types
- text
- reasoning
- no
- tool calling
- yes
- structured output
- no
- open weights
- yes
- knowledge cutoff
- 2023-12
- price source
- Amazon Bedrock
// cost calculator
| model | in $/1M | out $/1M | = monthly |
|---|---|---|---|
| Llama 3.2 1B Instruct | $0.02 | $0.02 | $1.20 |
| Gemma 4 E2B IT | $0.04 | $0.08 | $2.80 |
| Qwen3.7 Flash | $0.03 | $0.13 | $2.80 |
| Llama 3.1 70B Instruct | $0.72 | $0.72 | $43.20 |
Base-tier list prices. Long-context tiers, caching and batch discounts are not included.