Model guide · updated 2026

Cheapest AI models (that are still worth using)

Cheap is easy; cheap and capable is the real goal. These are the lowest-cost models by blended price per 1M tokens, filtered to ones that still hold up on the Artificial Analysis intelligence index — so you are not paying less for a model that cannot do the job.

  1. 1

    DeepSeek V4 Flash

    DeepSeekTop pick

    High-volume coding assistants and IDE integrations where LiveCodeBench 91.6% and SWE-bench 79% performance matters at low per-token cost

    $0.18
    Blended / 1M
  2. 2

    Grok-4.1 Fast Reasoning

    xAI

    Production agent pipelines requiring accurate

    $0.28
    Blended / 1M
  3. 3

    GPT-5.4 nano

    OpenAI

    Data extraction and document parsing at scale

    $0.46
    Blended / 1M
  4. 4

    MiniMax M2.5

    MiniMax

    High-volume software engineering and code generation across Web

    $0.52
    Blended / 1M
  5. 5

    MiniMax M2.7

    MiniMax

    Agentic coding workflows and multi-turn tool-calling chains where the model drives autonomous

    $0.52
    Blended / 1M
  6. 6

    MiniMax M3

    MiniMax

    Intelligence 44 at a fraction of flagship pricing.

    $0.52
    Blended / 1M
  7. 7

    DeepSeek V4 Pro

    DeepSeek

    High-volume automated coding pipelines

    $0.54
    Blended / 1M
  8. 8

    Qwen 3.7 Plus

    Alibaba

    Intelligence 39 at a fraction of flagship pricing.

    $0.59
    Blended / 1M

Ranked by blended price (75% input + 25% output) per 1M tokens, ascending, among models scoring 30+ on the Artificial Analysis intelligence index.

Frequently asked questions

It changes as providers cut prices, but open-weight models from DeepSeek, Zhipu (GLM), Alibaba (Qwen) and MiniMax consistently lead on blended price while still scoring well on intelligence. See the ranked list above for the current order.

Not necessarily. The cheapest models are usually smaller or open-weight, so they trade some peak reasoning for huge cost savings. For extraction, classification, chat and most everyday tasks, the cheap tier is more than enough — that is why we filter to models that still clear an intelligence floor.

On just4o.chat every model here is available from one chat, so you can route cheap tasks to a cheap model and hard tasks to a flagship without separate subscriptions or API keys.