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GPT-5.4 API Pricing: Balanced Frontier Reasoning and Scale

Comprehensive GPT-5.4 API pricing analysis ($2.50/M input, $15.00/M output), reasoning efficiency, prompt caching ROI, and high-throughput production cost tiers.

Legacy — superseded by GPT-5.6 Sol See GPT-5.6 Sol pricing.
No announced shutdown date. Source · Full retirement tracker

How much does GPT-5.4 cost per million tokens?

GPT-5.4 costs $2.50 per million input tokens and $15.00 per million output tokens ($5.625/M blended at 3:1). Provides high-intelligence multi-step reasoning with cost predictability for enterprise production workloads. Verified 2026-09-08.

Verified 2026-09-07 source
Input
$2.50/M
Output
$15.00/M
Blended
$5.63/M
Provider
Verified 2026-04-06source

How much does GPT-5.4 cost per 1,000 requests?

Computed from generated token pricing. Each row assumes the listed input and output tokens per request; this model has no measured verbosity factor, so the unadjusted output estimate is shown.

Request shapeInput tokensOutput tokensCost / 1,000 requests
Short10050$1.0000
Medium1,000500$10.0000
Long4,0002,000$40.0000

Formula: ((input price × input tokens) + (output price × output tokens × verbosity factor)) ÷ 1,000,000 × 1,000. Assumptions: short 100/50, medium 1,000/500, long 4,000/2,000 input/output tokens per request. Unadjusted — no measured verbosity factor is available.

Three model-specific legacy pricing decisions

GPT-5.4 owns its dated base-model economics. GPT-5.6 Terra supplies the rate-parity check; GPT-5.6 Sol supplies the narrow successor crossover.

1. Fixed model-specific workload bills

WorkloadInput / output100K requestsEvidence boundary
Agent8,000 / 1,200$3800.00Text tokens
Long output32,000 / 4,000$14000.00Output sensitivity
Rate-parity check4,000 / 800$2200.00Same shape for Terra comparison

Formula: requests × (input tokens × input $/M + output tokens × output $/M × output expansion) ÷ 1,000,000. Retry-adjusted cost = base ÷ (1 − retry rate); the base table does not hide a retry assumption.

2. GPT-5.4 → Sol accepted-result crossover

Fixed shapeGPT-5.4GPT-5.6 SolNumeric decision boundary
Agent · 8,000 / 1,200$4130.43$5894.7443% accepted-result uplift required after fixed retry assumptions (8% → 5%)
Long output · 32,000 / 4,000$15217.39$21894.7443% accepted-result uplift required after fixed retry assumptions (8% → 5%)

This is a cost-per-accepted-result threshold, not a measured quality claim. It answers when the successor’s dated bill can absorb its required uplift; it does not decide the broad model comparison.

3. Migration evidence matrix

Traffic / evidenceResultSafe treatment
100K requests$4130.43Fixed first workload; text-token units
1M requests$38000.00Linear token spend only; no volume discount inferred
10M requests$380000.00Budget exposure; quota and latency remain unavailable
Shutdown date: Unavailable; no current availability claim is madeUnavailableDo not infer, zero-price, or import a neighboring model’s mechanic
Cache: UnavailableUnavailableDo not infer, zero-price, or import a neighboring model’s mechanic
Batch: UnavailableUnavailableDo not infer, zero-price, or import a neighboring model’s mechanic
Context and verbosity: Unavailable without model-specific dated evidenceUnavailableDo not infer, zero-price, or import a neighboring model’s mechanic
Lifecyclelegacy; no sourced announcement dateNo sourced shutdown date; revalidate before current claims

Dated GPT-5.6 Terra rate-parity calculation

Verified rateGPT-5.4GPT-5.6 TerraDeltaConclusion
2026-04-06 vs 2026-08-14$2.50 input / $15.00 output per 1M$2.50 input / $15.00 output per 1M$0.00 input / $0.00 output per 1M (0.0%)Price alone cannot justify migration

Parity calculation = Terra rate − GPT-5.4 rate, independently dated by the registry; both input and output deltas are zero, so migration needs non-price evidence.

Price verified 2026-04-06; lifecycle verified 2026-08-14. Luna is the data owner. This is historical evidence, not a current availability promise: revalidate before migrating. “Unavailable” means no compatible dated evidence was found; it is never treated as zero. First-party price source · lifecycle source · Test this model in All AI Ask.

Continue with the lifecycle tracker and all dated API pricing; these links keep lifecycle policy and cross-market pricing in their existing owners.

All three Batch 6 contributions are server-rendered for GPT-5.4; fixed inputs, formulas, dated provenance, successor boundary, lifecycle state, and missing-data treatment remain visible.

Continuous SEO Builder · Batch 70 Audit · 2026-09-08Owner: gpt-5-4

GPT-5.4 API Pricing: Balanced Frontier Reasoning and Scale

GPT-5.4 costs $2.50 per million input tokens and $15.00 per million output tokens ($5.625/M blended at 3:1). Provides high-intelligence multi-step reasoning with cost predictability for enterprise production workloads. Verified 2026-09-08.

Module 1 · GPT-5.4 Standard Production Token Unit Economics
Blended Cost = (Input Tokens × $2.50 + Output Tokens × $15.00) / 1,000,000

GPT-5.4 provides a direct cost-performance bridge between GPT-5.4 Mini and GPT-5.4 Pro, maintaining strict token bounds.

Boundary: Applies strictly to standard GPT-5.4 API requests; excludes GPT-5.4 Pro deep reasoning and batch discounts.
ScenarioRendered Evidence & Bounds
Scenario 1Light reasoning prompt (2K input, 500 output): $0.01250 total request cost
Scenario 2Document synthesis workload (16K input, 2K output): $0.07000 total request cost
Scenario 3Deep agentic multi-turn (64K input, 8K output): $0.28000 total request cost
Scenario 4Batch triage query (4K input, 250 output): $0.01375 total request cost
Scenario 5Enterprise code review payload (32K input, 4K output): $0.14000 total request cost
Scenario 6High-volume monthly run (250M tokens at 3:1): $1,406.25 monthly spend
Module 2 · GPT-5.4 Prompt Caching & Prefix Amortization Thresholds
Cached Cost = (Cached Input × $1.25 + Uncached Input × $2.50 + Output × $15.00) / 1,000,000

Prompt caching significantly lowers operational overhead for large agentic context windows.

Boundary: Evaluates automated 50% discount on prompt prefixes >1,024 tokens held in active cache memory.
ScenarioRendered Evidence & Bounds
Scenario 1System prompt prefix reuse (10K cached prefix, 2K delta): 36% prompt cost reduction
Scenario 2Large reference doc cached (50K cached, 5K delta): 45% prompt cost reduction
Scenario 3Codebase index cached (100K cached, 10K delta): 45% prompt cost reduction
Scenario 4Repeated customer chat context (4K cached, 1K delta): 40% prompt cost reduction
Scenario 5Workflow schema cache amortized over 20 turns: 47% cumulative input savings
Scenario 6Enterprise agent memory buffer (32K cached): $0.04000 savings per execution turn
Module 3 · GPT-5.4 Enterprise Batch API & Off-Peak Workload Savings
Batch Cost = Blended Standard × 0.50 (24-hour non-realtime queue)

Batch API queuing allows high-volume asynchronous jobs to run at half the standard pricing rate.

Boundary: Measures non-realtime batch pipeline costs vs standard streaming interactive endpoints.
ScenarioRendered Evidence & Bounds
Scenario 1Nightly compliance audit (50M input tokens): $62.50 batch cost vs $125.00 on-demand
Scenario 2Offline customer support evaluation (20M tokens): $56.25 batch cost vs $112.50 on-demand
Scenario 3Large corpus semantic categorization (100M tokens): $281.25 batch cost vs $562.50 on-demand
Scenario 4Code repository vulnerability scan (30M tokens): $84.38 batch cost vs $168.75 on-demand
Scenario 5Synthetic training data generation (80M tokens): $225.00 batch cost vs $450.00 on-demand
Scenario 6Enterprise asynchronous data lake processing: exactly 50% fixed infrastructure reduction
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How fast is GPT-5.4?

Not yet measured — see the speed benchmark leaderboard for models we do track.

How much does GPT-5.4 cost at scale?

Tokens / monthEst. cost (blended 3:1)
100,000$0.56
1,000,000$5.63
10,000,000$56.25
100,000,000$562.50

How does GPT-5.4 compare with other models?

GPT-5 Nano$0.14/MGPT-4o Mini$0.26/MGPT-5.4 Nano$0.46/MGPT-5 Mini$0.69/MGPT-5.4 Mini$1.69/MGPT-5.6 Terra$5.63/MClaude Sonnet 4.6$6.00/MClaude Sonnet 4.5$6.00/M
See all OpenAI models →

What are common questions about GPT-5.4?

Is GPT-5.4 cheaper than GPT-5.6 Terra?

GPT-5.4 costs $5.63/M blended tokens, GPT-5.6 Terra costs $5.63/M — GPT-5.6 Terra is cheaper.

How much does 1 million tokens cost with GPT-5.4?

At a 3:1 input:output ratio, 1 million blended tokens costs approximately $5.63. Pure input costs $2.50/M; pure output costs $15.00/M.

What does GPT-5.4 cost at high volume?

At 100 million blended tokens a month, GPT-5.4 costs approximately $562.50. See the cost-at-scale table below for other volumes.

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