GPT-5 mini vs Llama 3.1 70B
Comparing a managed small model with a hosted open-weight model for teams weighing vendor-managed simplicity against self-hostable flexibility.
Quick answer: GPT-5 mini lists the cheaper input ($0.25 vs $0.88 per 1M) while Llama 3.1 70B lists the cheaper output ($0.88 vs $2); the deeper difference is managed convenience versus open-weight portability.
Pricing & context
All figures below are list prices pulled directly from the Harpd pricing registry (last verified 2026-08-18). Prices change often — open each model’s source link to confirm before budgeting. Machine-readable copy: /data/llm-pricing.json.
| Metric | GPT-5 mini | Llama 3.1 70B |
|---|---|---|
| Provider | OpenAI | Meta · Together |
| Input / 1M tokens | $0.25 | $0.88 |
| Output / 1M tokens | $2 | $0.88 |
| Cached input / 1M tokens | $0.03 | Not published |
| Batch discount | 50% off | Not published |
| Context window | 400,000 tokens | 128,000 tokens |
| Source | OpenAI pricing ↗ | Meta · Together pricing ↗ |
$325 vs $528 / month (100k calls, 5k in / 1k out)
400,000 tokens
First benchmark: JSON extraction, 100 real tasks — target ship 2026-09-15
Capabilities
GPT-5 mini is a managed, low-latency small model with a 400k context window, prompt caching, and a very low per-token price.
Best for
Turnkey high-volume workloads where no one on the team wants to run inference infrastructure, with a 400k window as a bonus.
Limitations
Managed-only: you cannot self-host it, $2 per 1M output costs 2.3× Llama's resale rate, and the 400k window beats Llama's 128k but locks you to one vendor.
Capabilities
Llama 3.1 70B is an open-weight model available via resale hosting (Together AI, $0.88/$0.88 per 1M) with a 128k context window, offering flexibility for self-hosting or custom deployment.
Best for
Teams that need open-weight portability, on-prem or self-hosted deployment, or flat output pricing for generation-heavy volume.
Limitations
128k context is the smaller window of this pair, and resale prices move with the host — verify the Together AI page before budgeting.
The decision is less about raw quality and more about control versus convenience: GPT-5 mini is turnkey and cheap on input, while Llama 3.1 70B appeals when you want open-weight portability or on-prem options. Either can work for many tasks, but only testing on your real workload reveals which meets your bar. Compare both on your own representative tasks before committing.
Updated 2026-08-18. Sources: OpenAI and Meta · Together official pricing pages (verified 2026-08-18); no Harpd-measured benchmark yet.
Methodology & sources
Prices on this page come from the Harpd pricing registry, which mirrors the officialOpenAI and Meta · Together pricing pages and was last verified 2026-08-18. Capability notes summarize documented provider positioning — they are not Harpd measurements. Cheaper-cost claims are computed from the registry at a fixed reference workload, so they are reproducible from the published dataset. Read the pricing methodology and themodel replacement guide before switching a production workload.
Price tells you what a model costs. It does not tell you whether it can replace your current model on your real tasks.
- Benchmarks measured on Harpd are planned — see /benchmarks/.
- Full list-price table across providers: /llm-pricing/.