OpenAI

chat-latest API Pricing

Routing alias pointing to the latest "Instant" model used in ChatGPT; auto-updates over time. Knowledge cutoff Aug 31 2025. OpenAI recommends gpt-5.5 for production use instead of this dynamic alias.

Verified against OpenAI’s pricing page on 2026-07-02.

View source ↗

Facts

Specs

  • FamilyGPT (ChatGPT alias)
  • API IDchat-latest
  • ModalityText
  • Context window400K tokens
  • Max output128K tokens
  • Release dateNot published

Pricing (per 1M tokens)

  • Input$5.00 / 1M tokens
  • Output$30.00 / 1M tokens
  • Cached input$0.50 / 1M tokens
  • Cache write
  • Batch discount

Capabilities

tool-use, function-calling, structured-outputs, streaming

Notes

Routing alias pointing to the latest "Instant" model used in ChatGPT; auto-updates over time. Knowledge cutoff Aug 31 2025. OpenAI recommends gpt-5.5 for production use instead of this dynamic alias.

Worked cost examples

Estimated monthly cost on three common usage shapes

WorkloadEst. monthly cost

Chatbot

800 input / 200 output tokens per request, 100,000 requests/month

$1,000

RAG pipeline

6,000 input / 700 output tokens per request, 30,000 requests/month

$1,530

Batch summarization

20,000 input / 1,500 output tokens per request, 5,000 requests/month

$725.00

Price history

Changes we have documented since we began tracking

No price changes recorded since we began tracking.

chat-latest pricing FAQ

How much does chat-latest cost per 1M tokens?
chat-latest costs $5.00 per 1M input tokens and $30.00 per 1M output tokens.
How much does chat-latest cost per request?
A typical request of 800 input and 200 output tokens costs about $0.01 on chat-latest.
Is chat-latest cheaper than GPT-4.1?
chat-latest is more expensive than GPT-4.1 on input tokens, by about 150%.
Does chat-latest have cache pricing?
Yes — cached input reads cost $0.50 per 1M tokens.