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Prices & discounts AI glossary

What is a blended rate?

A blended rate is a single per-million-token price that averages a model's input, output and cached-input rates under an assumed traffic mix, so models with different rate cards compare on one number.

At a glance

  • How it works: Pick shares of input, output and cache hits; weight each rate by its share; the sum is the cost of one million tokens of that mix.
  • Why it matters: One model can be cheap on input and dear on output; a blend shows which is cheaper for traffic shaped like yours.
  • What it costs: On our blend Claude Sonnet 5.5 comes to $1.29 per million tokens, against a list input rate of $2.
  • Related to: Price per million tokens, prompt caching, cache write, input vs output tokens.

How a blended rate is calculated

A rate card has several prices; a blend collapses them with weights. Choose what share of a million tokens is uncached input, cached input and output; multiply each share by its rate; add the results. The answer is what one million tokens of that traffic would cost on that model.

The weights are the whole story. Chat traffic sends short prompts and gets long answers, so output carries real weight. Agent traffic resends a large, mostly unchanged context on every step and writes comparatively little, so cached input dominates. The same model can therefore have very different blended rates for the two — which is why a blended number is only meaningful next to the mix it assumes.

The blend used on this site

Every effective rate on our model pages, comparisons and calculator comes from one formula in one place in our code, so the number cannot differ between pages. It models agent-shaped traffic: input is the large majority of tokens, output a small share, and most input is served from cache. The exact shares are printed in the panel below and change only with a dated methodology note.

One detail matters for fairness between vendors. A cache miss is priced at the model's cache-write rate when the vendor bills writes, and at the standard input rate when it does not, because a miss is the request that writes the prefix again. A model without a published cache-read rate is blended on input and output alone.

Artificial Analysis, which also publishes blended prices, assumes a 7 : 2 : 1 ratio of cache hits, uncached input and output — a similar, cache-heavy shape.

In our indexBlended rates in our index

Cheapest blended $0.0321 Ministral 3 3B
Median blended $0.496
Priciest blended $42.00 GPT-5.4 Pro
Blend 92% / 8% input / output · 82% cache hits

Counted at build from our price index: the site-wide blended rate per million tokens among the 167 current public models we price, from 33 vendors. Each rate comes from the vendor's own price page, read between 2026-07-11 and 2026-10-09. How we collect prices.

What a blend cannot tell you

A blend is a ranking tool, not a quote. If your cache hit rate is low, your answers long, or your prompts cross a long-context threshold, your effective rate will differ from any published blend — sometimes by a multiple. Reasoning models complicate it further: hidden reasoning tokens bill as output, raising the output share in ways a fixed mix does not capture.

The practical use is in the middle of a decision: shortlist on the blend, then price your actual workload. The worked example shows how far the same model moves between two mixes.

Worked exampleSame model, two traffic mixes

10,000 requests a month on Claude Sonnet 5.5, priced at its current list rates, checked on 2026-10-09.

Chat · short prompt, long answer
Input · 20M tokens @ $2.00/M$40.00
Output · 8M tokens @ $10.00/M$80.00
Blended · per 1M tokens billed$4.29
Per request$0.012
Per month$120
Agent step · long cached context +97%
Input · 90% served from cache · 400M tokens @ $0.34/M$136
Output · 10M tokens @ $10.00/M$100
Blended · per 1M tokens billed$0.576
Per request$0.024
Per month$236

Read the blended line. The chat mix pays mostly output rates; the agent step pays mostly cache-read rates on far more tokens. Per request the agent step costs more, per million tokens it costs less — both numbers are true at once.

Change the workload or the model in the LLM API cost calculator.

Frequently asked.

Short answers to the questions that come up next.

Q · 01 What is the difference between a list rate and a blended rate? +
A list rate is one meter on the vendor's card — input, output or cached input. A blended rate combines them under an assumed mix of traffic into a single cost per million tokens.
Q · 02 Why does the same model have different blended rates on different sites? +
Because each site assumes a different mix. A chat-shaped blend weights output heavily; an agent-shaped blend weights cached input. Artificial Analysis uses 7 : 2 : 1 cache hits, input and output.
Q · 03 Should I choose a model on the blended rate? +
Use it to shortlist, then price your own workload: your cache hit rate, prompt lengths and answer lengths decide the real figure.