Monthly LLM API Cost Calculator
How to Plan an LLM API Budget
Use production telemetry when available; otherwise document why your planning averages are reasonable.
Choose the reporting currency.
Use percentiles for risk planning
An average is useful for a base case, but a separate high-usage scenario can expose context-window growth, retries, and traffic spikes.
What the Monthly API Model Calculates
The model scales average tokens across a recurring request count. Unlike the Token Cost Calculator, it is a period budget rather than a price for one already-defined workload.
Recurring LLM Budget Examples
Production monthly base case
Monthly traffic, averages, rates, and fixed costs
Projected monthly cost
Input usage costs 300, output usage costs 400, and fixed costs add 50.
No requests during setup
Monthly traffic, averages, rates, and fixed costs
Projected monthly cost
Usage is zero while entered fixed infrastructure costs remain.
Separate base and stress cases
Repeat the calculation with higher request and token assumptions instead of treating one average as a guarantee.
Frequently Asked Questions
Still have questions about this calculation?
Try the CalculatorMonthly LLM API Budget Formulas
The workload average is expanded into period token totals before per-million prices are applied.
Formula
Monthly token volumes
monthly tokens = requests per month × average tokens per request
Monthly token charges
token charge = monthly tokens ÷ 1,000,000 × entered rate
Total monthly budget
total = input charge + output charge + fixed monthly costs
Scientific Background
Official provider pricing documentation commonly distinguishes input and output token categories. The engine uses that unit convention but deliberately requires the user to enter current rates.