Token Cost Calculator: Estimate Your AI Expenses
Learn to calculate and estimate token costs for AI projects. Budget your AI applications effectively. Understanding Pricing AI models charge per 1,000 or 1,000,000 tokens. Cost Formula Total Cost = (Input Tokens × Input Price) + (Output Tokens × Output Price) Example Calculation Input: 1,000 tokens at $0.14/1M = $0.00014 Output: 500 tokens at $0.28/1M … Read more