What is the ChatGPT Token Cost Estimator?

The ChatGPT Token Cost Estimator is a helpful tool that calculates how much it would cost to process a given amount of text with different ChatGPT models. Since every model charges based on tokens rather than words, this tool converts your word count into tokens and then estimates the total cost. It is useful for writers, developers, researchers, and anyone who wants to predict OpenAI API expenses before generating or analyzing content.

How to Use:

1. Enter the Total Number of Words: Type the number of words you want to process in the input box.
2. Select the ChatGPT Model: Choose a model from the dropdown list, each with its specific cost per 1,000 tokens.
3. Click “Estimate Cost”: The tool instantly calculates the approximate number of tokens and the estimated price.
4. View the Result: You’ll see total tokens and cost based on your selected model.
5. Adjust as Needed: Change the word count or model to compare costs and plan your usage efficiently.