What is ChatGPT Price Estimator?

The ChatGPT Price Estimator is a tool that calculates the total cost of using ChatGPT based on the number of input and output tokens and their respective prices. By entering your token usage and cost per 1,000 tokens, you get a detailed breakdown of input cost, output cost, and the combined total. This tool is ideal for budgeting, tracking API expenses, and managing AI project costs efficiently.

How to Use:

1. Enter Input Tokens: Specify the number of tokens sent as input to ChatGPT.
2. Enter Output Tokens: Specify the number of tokens generated as output by ChatGPT.
3. Enter Input Cost per 1,000 Tokens: Provide the cost for 1,000 input tokens in USD.
4. Enter Output Cost per 1,000 Tokens: Provide the cost for 1,000 output tokens in USD.
5. Click “Calculate”: The calculator will show input cost, output cost, and total combined cost.
6. Review Results: Use the output to monitor spending, manage token usage, and budget your ChatGPT usage efficiently.