prices synced 2026-07-28

DeepSeek R1

legacy

DeepSeek · Released Jan 2025

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Open-weight reasoning model that stunned the industry at launch. Repriced with V3.2-Exp in September 2025; now routes to V4 Flash thinking mode and is scheduled for deprecation July 2026.

Strengths
Landmark open reasoning model that reset industry price expectations.
Best for
Reasoning experiments and reference work on open weights.
Limitations
Now routes to V4 Flash thinking mode; scheduled for deprecation July 2026.

Input / 1M

$0.28

Output / 1M

$0.42

Cached input / 1M

$0.028

Context window

128K

Price history

Input (solid)Output (dashed)
Price per 1M tokens over timeOutput went from $2.19 to $0.42; Input went from $0.55 to $0.28 between Jan 2025 and Sep 2025.$0$0.5$1.00$1.50$2.00$2.50Output on 20 Jan 2025: $2.19Output on 29 Sep 2025: $0.42Out $0.42Input on 20 Jan 2025: $0.55Input on 29 Sep 2025: $0.28In $0.28Jan 2025Sep 2025

Price change

30d
in out
90d
in out
1y
in decreased 49.1% out decreased 80.8%
Since launch
in decreased 49.1% out decreased 80.8%

Snapshots

Effective Input Output Cached in Note Source
29 Sep 2025 $0.28 $0.42 $0.028 V3.2-Exp repricing, applied to deepseek-reasoner as well as V3 api-docs.deepseek.com
20 Jan 2025 $0.55 $2.19 $0.14 Launch pricing api-docs.deepseek.com

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