GPT-4 vs. Claude 3: A Cost Comparison Guide

Choosing an LLM isn't just about benchmarks; it's about economics. Let's look at how the top models compare in terms of pricing.

The Contenders

• GPT-4o: OpenAI's flagship. fast and capable.
• Claude 3.5 Sonnet: Anthropic's balanced model, often cheaper for input.
• Llama 3 (via API): Often the most affordable option through providers like Groq or Together AI.

Scenario Analysis

Using our Cost Estimator, we found that for RAG (Retrieval Augmented Generation) applications with heavy input context, Claude 3 Haiku or GPT-4o mini offers significant savings over their larger counterparts without a massive drop in quality.