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Meta: Llama 3.1 70B Instruct API Pricing

Meta: Llama 3.1 70B Instruct is an API model from meta-llama. It costs $0.4 per 1M input tokens and $0.4 per 1M output tokens. Its context window is 131,072 tokens with up to 16,384 output tokens. A workload of 10M input + 2M output tokens costs about $4.8 per month.
Input
$0.4
per 1M tokens
Output
$0.4
per 1M tokens
Cached input
—
per 1M tokens
Context window
131K
131,072 tokens
Blended (80/20)
$0.4
per 1M tokens

Meta's latest class of model (Llama 3.1) launched with a variety of sizes & flavors. This 70B instruct-tuned version is optimized for high quality dialogue usecases. It has demonstrated strong...

How much does Meta: Llama 3.1 70B Instruct cost for a real workload?

At 10M input + 2M output tokens per month, Meta: Llama 3.1 70B Instruct costs about $4.8 ($4 input + $0.8 output). Try your own volumes in the cost calculator.

What are cheaper alternatives to Meta: Llama 3.1 70B Instruct?

Compare Meta: Llama 3.1 70B Instruct with other models

Meta: Llama 3.1 70B Instruct vs Meta: Llama 3.1 8B InstructMeta: Llama 3.1 70B Instruct vs Meta: Llama 3.2 1B InstructMeta: Llama 3.1 70B Instruct vs Meta: Llama Guard 4 12BMeta: Llama 3.1 70B Instruct vs Meta: Llama 3.2 3B InstructMeta: Llama 3.1 70B Instruct vs Meta: Llama 4 ScoutMeta: Llama 3.1 70B Instruct vs Meta: Llama 3.3 70B Instruct

Frequently asked questions

How much does Meta: Llama 3.1 70B Instruct cost?

Meta: Llama 3.1 70B Instruct costs $0.4 per 1M input tokens and $0.4 per 1M output tokens (list price, snapshot October 21, 2026). At 10M input + 2M output tokens per month that is about $4.8.

What is the context window of Meta: Llama 3.1 70B Instruct?

Meta: Llama 3.1 70B Instruct has a context window of 131,072 tokens and can return up to 16,384 output tokens per response.

What are cheaper alternatives to Meta: Llama 3.1 70B Instruct?

Cheaper models include Tencent: Hy3 preview ($0.18 in / $0.6 out), Qwen2.5 72B Instruct ($0.36 in / $0.4 out), DeepSeek: DeepSeek V4.1 Flash 1017 ($0.15 in / $0.6 out). See the full list on this page.

Is Meta: Llama 3.1 70B Instruct free to use?

No. Meta: Llama 3.1 70B Instruct is a paid model at $0.4 input / $0.4 output per 1M tokens. 20 free models are listed on the free models page.

Provider: meta-llama · Model ID: meta-llama/llama-3.1-70b-instruct · Modality: text->text · Price snapshot October 21, 2026, refreshed daily. How we collect prices