DeepSeek V3.2 vs DeepSeek R1
Detailed pricing comparison and cost analysis.
Updated March 2026
Cost Simulator
| Feature | DeepSeek V3.2 | DeepSeek R1 |
|---|---|---|
| Provider | DeepSeek | DeepSeek |
| Input Price (1M) | $0.28 | $0.28 |
| Output Price (1M) | $0.42 | $0.42 |
| Context Window | 128,000 | 64,000 |
Verdict
DeepSeek V3.2 costs $0.28 per 1M input tokens and $0.42 per 1M output tokens. DeepSeek R1 costs $0.28 per 1M input tokens and $0.42 per 1M output tokens. DeepSeek V3.2 and DeepSeek R1 have identical input token pricing. For output tokens, DeepSeek V3.2 is the more affordable option at $0.42/1M vs $0.42.
On context window, DeepSeek V3.2 supports 128,000 tokens — meaning it can fit more conversation history, documents, or code in a single request. This matters for RAG pipelines, long document analysis, and agentic workflows where context builds up over many turns.
When to choose DeepSeek V3.2
- ✓ You need a larger context window (128,000 tokens)
- ✓ You are already integrated with DeepSeek
When to choose DeepSeek R1
- ✓ You are already integrated with DeepSeek
Use the calculator above to simulate your specific workload and find the exact break-even point. For most applications, the cheapest model is the one that minimises your total monthly bill given your input-to-output token ratio.