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o1 vs GPT-4

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

o1 Cost
$27.00
GPT-4 Cost
$42.00
o1 is 36% cheaper
Featureo1GPT-4
ProviderOpenAIOpenAI
Input Price (1M)$15.00$30.00
Output Price (1M)$60.00$60.00
Context Window200,0008,192

Verdict

o1 costs $15.00 per 1M input tokens and $60.00 per 1M output tokens. GPT-4 costs $30.00 per 1M input tokens and $60.00 per 1M output tokens. o1 is 50% cheaper on input tokens than GPT-4. For output tokens, o1 is the more affordable option at $60.00/1M vs $60.00.

On context window, o1 supports 200,000 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 o1

  • ✓ You need the lowest input token cost ($ 15.00/1M)
  • ✓ You need a larger context window (200,000 tokens)
  • ✓ You are already integrated with OpenAI

When to choose GPT-4

  • ✓ You are already integrated with OpenAI

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.

Frequently Asked Questions

Is o1 cheaper than GPT-4?

o1 is cheaper on input tokens at $15.00/1M vs $30.00/1M for GPT-4 — a 50% saving.

What is the context window of o1 vs GPT-4?

o1 has a 200,000-token context window. GPT-4 has a 8,192-token context window. o1 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: o1 or GPT-4?

The best choice depends on your use case. For cost efficiency on input tokens, o1 is the cheaper option. For maximum context length, o1 supports 200,000 tokens. Use the comparison table above to find the right fit for your workload.