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AI Cost Index Stays Flat at $4.64 per 1M

MyTokenTracker's Frontier AI Cost Index stayed flat at $4.64 per 1M tokens over 144 daily points, while Budget sits at $0.74.

November 12, 2026 · 3 min read · By MyTokenTracker

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The Frontier basket is flat at $4.64 per 1M tokens across 144 daily points, so the cost of running flagship AI did not move over this window. For developers, that means budget planning is stable right now, with no drift in the blended price to explain away.

$3.40/Mtok $4.23/Mtok $5.05/Mtok $5.88/Mtok Jun 15: $4.64/Mtok Jun 16: $4.64/Mtok Jun 17: $4.64/Mtok Jun 19: $4.64/Mtok Jun 20: $4.64/Mtok Jun 21: $4.64/Mtok Jun 22: $4.64/Mtok Jun 23: $4.64/Mtok Jun 24: $4.64/Mtok Jun 25: $4.64/Mtok Jun 26: $4.64/Mtok Jun 27: $4.64/Mtok Jun 28: $4.64/Mtok Jun 29: $4.64/Mtok Jun 30: $4.64/Mtok Jul 1: $4.64/Mtok Jul 2: $4.64/Mtok Jul 3: $4.64/Mtok Jul 4: $4.64/Mtok Jul 5: $4.64/Mtok Jul 6: $4.64/Mtok Jul 7: $4.64/Mtok Jul 8: $4.64/Mtok Jul 9: $4.64/Mtok Jul 10: $4.64/Mtok Jul 11: $4.64/Mtok Jul 12: $4.64/Mtok Jul 13: $4.64/Mtok Jul 14: $4.64/Mtok Jul 15: $4.64/Mtok Jul 16: $4.64/Mtok Jul 17: $4.64/Mtok Jul 18: $4.64/Mtok Jul 19: $4.64/Mtok Jul 20: $4.64/Mtok Jul 21: $4.64/Mtok Jul 22: $4.64/Mtok Jul 23: $4.64/Mtok Jul 24: $4.64/Mtok Jul 25: $4.64/Mtok Jul 26: $4.64/Mtok Jul 27: $4.64/Mtok Jul 28: $4.64/Mtok Jul 29: $4.64/Mtok Jul 30: $4.64/Mtok Jul 31: $4.64/Mtok Aug 1: $4.64/Mtok Aug 2: $4.64/Mtok Aug 3: $4.64/Mtok Aug 4: $4.64/Mtok Aug 6: $4.64/Mtok Aug 8: $4.64/Mtok Aug 9: $4.64/Mtok Aug 10: $4.64/Mtok Aug 11: $4.64/Mtok Aug 12: $4.64/Mtok Aug 13: $4.64/Mtok Aug 14: $4.64/Mtok Aug 15: $4.64/Mtok Aug 16: $4.64/Mtok Aug 17: $4.64/Mtok Aug 18: $4.64/Mtok Aug 19: $4.64/Mtok Aug 21: $4.64/Mtok Aug 22: $4.64/Mtok Aug 23: $4.64/Mtok Aug 24: $4.64/Mtok Aug 25: $4.64/Mtok Aug 26: $4.64/Mtok Aug 27: $4.64/Mtok Aug 28: $4.64/Mtok Aug 29: $4.64/Mtok Aug 30: $4.64/Mtok Aug 31: $4.64/Mtok Sep 1: $4.64/Mtok Sep 2: $4.64/Mtok Sep 4: $4.64/Mtok Sep 5: $4.64/Mtok Sep 6: $4.64/Mtok Sep 7: $4.64/Mtok Sep 8: $4.64/Mtok Sep 10: $4.64/Mtok Sep 11: $4.64/Mtok Sep 12: $4.64/Mtok Sep 13: $4.64/Mtok Sep 14: $4.64/Mtok Sep 15: $4.64/Mtok Sep 16: $4.64/Mtok Sep 17: $4.64/Mtok Sep 18: $4.64/Mtok Sep 19: $4.64/Mtok Sep 20: $4.64/Mtok Sep 21: $4.64/Mtok Sep 22: $4.64/Mtok Sep 23: $4.64/Mtok Sep 24: $4.64/Mtok Sep 25: $4.64/Mtok Sep 26: $4.64/Mtok Sep 27: $4.64/Mtok Sep 28: $4.64/Mtok Sep 30: $4.64/Mtok Oct 1: $4.64/Mtok Oct 2: $4.64/Mtok Oct 3: $4.64/Mtok Oct 4: $4.64/Mtok Oct 5: $4.64/Mtok Oct 6: $4.64/Mtok Oct 7: $4.64/Mtok Oct 8: $4.64/Mtok Oct 9: $4.64/Mtok Oct 10: $4.64/Mtok Oct 11: $4.64/Mtok Oct 12: $4.64/Mtok Oct 13: $4.64/Mtok Oct 14: $4.64/Mtok Oct 15: $4.64/Mtok Oct 16: $4.64/Mtok Oct 17: $4.64/Mtok Oct 18: $4.64/Mtok Oct 19: $4.64/Mtok Oct 20: $4.64/Mtok Oct 21: $4.64/Mtok Oct 22: $4.64/Mtok Oct 23: $4.64/Mtok Oct 24: $4.64/Mtok Oct 25: $4.64/Mtok Oct 26: $4.64/Mtok Oct 27: $4.64/Mtok Oct 28: $4.64/Mtok Oct 29: $4.64/Mtok Oct 30: $4.64/Mtok Oct 31: $4.64/Mtok Nov 1: $4.64/Mtok Nov 2: $4.64/Mtok Nov 3: $4.64/Mtok Nov 4: $4.64/Mtok Nov 5: $4.64/Mtok Nov 6: $4.64/Mtok Nov 7: $4.64/Mtok Nov 8: $4.64/Mtok Nov 9: $4.64/Mtok Nov 10: $4.64/Mtok Nov 11: $4.64/Mtok Nov 12: $4.64/Mtok Jun 15 Nov 12
The AI Cost Index (Frontier basket), blended $/1M tokens over time.

This index tracks a fixed Frontier basket using a 3:1 input:output blend, so the clean read here is simple: the market price for this flagship slice of AI held steady from Jun 15, 2026 to Nov 12, 2026. A 0% change from $4.64 means there was no visible cost compression or inflation in the period.

The practical takeaway is that token spend is predictable if your workload maps to this basket. You are not getting a cheaper Frontier baseline over time, but you are also not facing a rising bill from this segment alone.

The Budget basket at $0.74 per 1M tokens shows how wide the gap still is between cheaper models and the Frontier tier. If your product can tolerate lower-end quality or narrower capability, the budget path remains materially cheaper on a per-token basis.

  • Frontier is flat at $4.64 per 1M tokens, so recent spend is easy to forecast.
  • There is no sign of price relief in the Frontier basket over this window.
  • Budget is $0.74 per 1M tokens, which keeps low-cost workloads in a different spend class.
  • If your app needs flagship models, plan around a stable but not declining token bill.

About this data. Figures are from MyTokenTracker live data (AI Cost Index, open data API), free to use and cite under CC BY 4.0. Snapshot: November 12, 2026.