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Token Cost Calculator

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Pro Tip

Before launching any LLM-powered feature, create a token budget spreadsheet that documents the exact token count of your system prompt, average user input, average model output, and number of monthly requests. This takes 30 minutes and prevents the most common cost surprise: discovering after launch that your actual token consumption is 3 to 5 times higher than your back-of-napkin estimate. Update the spreadsheet monthly with actual measured values.

Difficulty:Beginner

Did you know?

The BPE (Byte-Pair Encoding) tokenizer used by GPT-4o was trained on a corpus so large that the single space character followed by common words like ' the', ' and', ' is' are each individual tokens. The token vocabulary for cl100k_base contains exactly 100,256 unique tokens. This means the model can represent 100,256 distinct text patterns as single units, with the most common English words and phrases being the most efficiently encoded.

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Reviewed May 2026
Used 31K+ times
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