AI cost report

July 2026

State of AI Cost, July 2026

Published July 1, 2026. Covers Jul 1 to Jul 31, 2026.

The Frontier index sits at $4.64 per million tokens, unchanged. The lowest blended price on record is nscale/Qwen/Qwen2.5-Coder-3B-Instruct at $0.015 per million tokens. 10 models changed price. The community tracked $397.59 of AI spend across 4 contributors.

Key takeaways

0%

Frontier AI held flat this period, at $4.64 per 1M tokens (blended).

-80%

Biggest move: gpt-5.6-luna output price dropped 80%.

$0.02

Cheapest credible model: nscale/Qwen/Qwen2.5-Coder-3B-Instruct per 1M tokens (blended).

4 people

contributed real usage to this report's community numbers.

The AI Cost Index

Frontier 0%
$4.64 per 1M tokens
Budget 0%
$0.70 per 1M tokens

See the live AI Cost Index for the current value and full history.

Biggest price moves

Model Output before Output after Change
gpt-5.6-luna $6.00 $1.20 -80%
bedrock_mantle/openai.gpt-5.6-luna $6.60 $1.32 -80%
anthropic.claude-sonnet-5 $15.00 $10.00 -33.3%
global.anthropic.claude-sonnet-5 $15.00 $10.00 -33.3%
us.anthropic.claude-sonnet-5 $16.50 $11.00 -33.3%
eu.anthropic.claude-sonnet-5 $16.50 $11.00 -33.3%
au.anthropic.claude-sonnet-5 $16.50 $11.00 -33.3%
jp.anthropic.claude-sonnet-5 $16.50 $11.00 -33.3%
azure_ai/claude-sonnet-5 $15.00 $10.00 -33.3%
claude-sonnet-5 $15.00 $10.00 -33.3%

Lowest cost per million tokens

What the community spent

Spend
$397.59
Tokens
49,508,873,811
Events
817
Contributors
4

Top models by spend

claude-opus-4-8 · $30.20 claude-sonnet-5 · $12.13

Anonymized aggregate across opted-in contributors. See the live community dashboard.

Cite this report

The numbers in this report are frozen at publication, so it is safe to cite as a fixed, dated snapshot.

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APA

Champlin Enterprises. (2026). State of AI Cost, July 2026 [Report]. MyTokenTracker. Retrieved July 31, 2026, from https://mytokentracker.io/reports/state-of-ai-cost-2026-07

BibTeX
@misc{mtt-report-state-of-ai-cost-2026-07,
  title        = {State of AI Cost, July 2026},
  author       = {{Champlin Enterprises}},
  year         = {2026},
  howpublished = {MyTokenTracker, \url{https://mytokentracker.io/reports/state-of-ai-cost-2026-07}},
  note         = {Accessed July 31, 2026. Licensed CC BY 4.0.},
  url          = {https://mytokentracker.io/reports/state-of-ai-cost-2026-07}
}

Need a fixed point in time? Every day’s data is permanently archived in the open-data repository, so you can cite a specific date by linking that day’s committed file.