Data · Token Price Index

TPI — Token Price Index

The current benchmark for the cost of frontier AI inference.

Current TPI

$2.41 /M tokens

Last updated

11 September 2026

12-month change

↑ 104.1%

30-day change

↑ 8.7%

The TPI is the geometric mean blended cost of inference across 23 leading AI models from 11 providers. Updated weekly with full methodology transparency.

For the live chart, historical series, model comparison, cost simulator, and complete methodology, visit tokenpriceindex.com.

Weekly history

Token Price Index, weekly snapshots since May 15, 2026.

The Token Price Index is calculated weekly. The series below shows the formal weekly cadence since May 15, 2026. Programmatic access is available at /data/tpi-history.json.

Week endingTPIIndex membersProviders
September 11, 2026$2.412311
September 4, 2026$2.342211
August 28, 2026$2.342211
August 21, 2026$2.352110
August 14, 2026$2.212110
August 7, 2026$2.292110
July 31, 2026$2.242110
July 24, 2026$2.442110
July 17, 2026$2.622110
July 10, 2026$2.472110
July 3, 2026$2.392010
June 26, 2026$2.171910
June 19, 2026$2.171910
June 12, 2026$2.171910
June 5, 2026$2.171910
May 29, 2026$2.091910
May 22, 2026$2.081610
May 15, 2026$1.901610

TPI = geometric mean blended cost across active index members, in USD per million tokens. Methodology and full historical series at tokenpriceindex.com/methodology.

DeepSeek bills peak rates, double the off-peak rate, from 01:00 to 04:00 and 06:00 to 10:00 UTC on weekdays; all other hours, including weekends, are off-peak. The index carries the off-peak rate, which applies for the large majority of each week.

Data licensed under CC BY-NC 4.0. Free to use and redistribute for non-commercial purposes with attribution to Token Price Index (tokenpriceindex.com). For commercial licensing, contact hello@tokenpriceindex.com. Provided as-is — verify current pricing with providers before making procurement decisions.

About this dataset