What is the Prompt Cost Calculator?

The Prompt Cost Calculator helps users estimate the cost of sending a text prompt to different ChatGPT models. By entering the word count of your prompt and selecting a model, the tool converts words into tokens and calculates the total prompt cost based on the model’s pricing. This allows you to understand how much each prompt will cost before using the API, helping you plan usage more efficiently and avoid unexpected expenses.

How to Use:

1. Enter Prompt Word Count: Input the total number of words in your prompt.
2. Select ChatGPT Model: Choose the model you want to calculate the cost for, each with a different price per 1,000 tokens.
3. Click “Calculate Cost”: The tool converts your words into tokens and calculates the total estimated cost.
4. Review Result: The output shows total tokens and the final prompt cost, helping you estimate expenses with accuracy.