Azure
GPT-5.4 (Azure Global, short context) token cost
GPT-5.4 short-context Global Standard on Azure OpenAI for production agents and coding.
Published list rates
Input
$2.50
per 1M tokens
Output
$15.00
per 1M tokens
Cached input
$0.25
per 1M tokens
Context window
272,000
tokens
Pricing source: Azure OpenAI Service pricing
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Project monthly volume
Daily requests × tokens per request × 30 days.
Estimated cost
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Cost as volume grows
Read down to see GPT-5.4 (Azure Global, short context) get more expensive as tokens grow. The last column is a typical mix: 70% input, 30% output.
| Tokens | Input only | Output only | Mix (70% in / 30% out) |
|---|---|---|---|
| 1 | $0.000002 | $0.000015 | $0.000006 |
| 10 | $0.000025 | $0.00015 | $0.000063 |
| 100 | $0.00025 | $0.0015 | $0.000625 |
| 200 | $0.0005 | $0.003 | $0.00125 |
| 300 | $0.00075 | $0.0045 | $0.001875 |
| 400 | $0.001 | $0.006 | $0.0025 |
| 500 | $0.00125 | $0.0075 | $0.003125 |
| 1,000 | $0.0025 | $0.015 | $0.00625 |
| 2,000 | $0.005 | $0.03 | $0.0125 |
| 5,000 | $0.0125 | $0.075 | $0.03125 |
| 10,000 | $0.025 | $0.15 | $0.0625 |
| 25,000 | $0.0625 | $0.375 | $0.15625 |
| 50,000 | $0.125 | $0.75 | $0.3125 |
| 100,000 | $0.25 | $1.50 | $0.625 |
| 250,000 | $0.625 | $3.75 | $1.5625 |
| 500,000 | $1.25 | $7.50 | $3.125 |
| 1,000,000 | $2.50 | $15.00 | $6.25 |
| 5,000,000 | $12.50 | $75.00 | $31.25 |
| 10,000,000 | $25.00 | $150.00 | $62.50 |
| 50,000,000 | $125.00 | $750.00 | $312.50 |
| 100,000,000 | $250.00 | $1,500.00 | $625.00 |
| 500,000,000 | $1,250.00 | $7,500.00 | $3,125.00 |
| 1,000,000,000 | $2,500.00 | $15,000.00 | $6,250.00 |
| 10,000,000,000 | $25,000.00 | $150,000.00 | $62,500.00 |
| 100,000,000,000 | $250,000.00 | $1,500,000.00 | $625,000.00 |
Tokens for a fixed budget
If you cap spend, this is roughly how many GPT-5.4 (Azure Global, short context) tokens that money buys.
| Budget | Input tokens | Output tokens | Mixed tokens (70/30) |
|---|---|---|---|
| $0.01 | 4,000 | 667 | 1,600 |
| $0.1 | 40,000 | 6,667 | 16,000 |
| $0.5 | 200,000 | 33,333 | 80,000 |
| $1.00 | 400,000 | 66,667 | 160,000 |
| $5.00 | 2M | 333,333 | 800,000 |
| $10.00 | 4M | 666,667 | 1.6M |
| $20.00 | 8M | 1.33M | 3.2M |
| $25.00 | 10M | 1.67M | 4M |
| $30.00 | 12M | 2M | 4.8M |
| $50.00 | 20M | 3.33M | 8M |
| $100.00 | 40M | 6.67M | 16M |
| $250.00 | 100M | 16.7M | 40M |
| $500.00 | 200M | 33.3M | 80M |
| $1,000.00 | 400M | 66.7M | 160M |
| $5,000.00 | 2B | 333.3M | 800M |
| $10,000.00 | 4B | 666.7M | 1.6B |
At these rates
- A workload with 70% input and 30% output costs $6.25 per 1 million total tokens and $625.00 per 100 million.
- At the same token count, output costs 6 times the input rate. Response length therefore deserves its own budget limit.
- Filling the 272,000-token context window with input alone would cost about $0.68, before any output.
- Cached input is $0.25 per million, 90% below standard input when the workload meets the provider’s cache rules.
These figures use public list prices. Cache eligibility, batch or priority modes, long-context surcharges, discounts, and regional billing can change the invoice.