This calculator helps you estimate the cost of using ChatGPT based on the average number of words exchanged during interactions and the number of conversations per day.
ChatGPT uses a token-based pricing model where the cost is determined by the number of tokens consumed during a conversation. One word is approximately equal to 0.75 tokens, and the current price is $0.002 per 1,000 tokens.
How To Use ChatGPT Pricing Calculator?
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The average number of words in a prompt to be injected in ChatGPT (Prefilled + User input): Enter the average number of words that you send to ChatGPT in each prompt, including any prefilled text and user input.
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The average number of words in a single response from ChatGPT: Enter the average number of words in a response from ChatGPT to the user.
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The average number of interactions in a single conversation: An interaction consists of a user message to ChatGPT and the corresponding response from ChatGPT. Enter the average number of interactions in a single conversation.
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The average number of conversations per day: A conversation is an instance where one user interacts with ChatGPT. Enter the average number of such conversations occurring per day.
After entering the required information, click the "Calculate Cost" button.
The calculator will then display the following results:
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Price Per 1K Tokens: The cost per 1,000 tokens, is currently $0.002.
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Conversations Per Day: The average number of conversations per day, as entered by you.
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Cost Per Conversation: The estimated cost per conversation, is based on the number of tokens consumed and the price per 1,000 tokens.
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Monthly Conversations: The estimated number of conversations in a month, assuming 30 days in a month.
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Monthly Cost: The estimated total cost for using ChatGPT during a month, based on the number of tokens consumed and the price per 1,000 tokens.
By using this ChatGPT Pricing calculator, you can better understand the costs associated with using ChatGPT API and plan your budget accordingly.
Keep in mind that these estimates are based on the information you provide and may vary depending on actual usage.