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Model pricing

GPT-5-Codex API list price — cost per token

GPT-5-Codex costs $1.25 per million input tokens and $10.00 per million output tokens (USD). Requests over 272K tokens are billed at a premium tier for the whole request.

GPT-5-Codex price per million tokens in USD
Token rateUSD / 1M tokens
Effortqualitative reasoning depthMedium
Inputper 1M tokens$1.25
Output$10.00
Cache read0.1× input$0.13

Notional list price. These are OpenAI (GPT-5.x / Codex) API list prices in USD. On a Codex usage this is a notional list price — what usage would cost at API rates, not metered spend.

Cache & context economics

GPT-5-Codex adds cache reads at $0.13 / 1M — about a tenth of input.

Common questions

How much does GPT-5-Codex cost per million tokens?
$1.25 input and $10.00 output per million tokens (USD list price).
What is the cache-read price for GPT-5-Codex?
$0.13 per million cached-read tokens — about a tenth of the input rate.

Track your real cost with JP the Cat

A live menu-bar total, priced to the cent from your local logs — including the cache-write split most tools miss.

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