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Llama 3.1 405B (Together AI) vs o3-mini: API Cost Comparison

Compare the API pricing, context windows, features, and real-world cost projections for Llama 3.1 405B (Together AI) (Together AI) and o3-mini (OpenAI). Use the interactive calculator below to compute your exact monthly cost based on your token usage and request volume.

Prices verified Mar 6, 2026

Interactive Cost Calculator

Together AILlama 3.1 405B (Together AI)OpenAIo3-mini

Fills in typical token counts for a workload type

Tokens in each prompt sent to the model

Tokens generated in each response

Total API calls per month

Showing costs for 2 models. Cheapest: o3-mini at $33.00/month.

Cheapest: o3-mini at $33.00/mo — save 37.1% vs Llama 3.1 405B (Together AI)
Alert
Besto3-mini
OpenAI$33.00$0.003300$11.00$22.0037.1%Alerts coming soon
Llama 3.1 405B (Together AI)
Together AI$52.50$0.005250$35.00$17.50Alerts coming soon

Monthly Cost Comparison

Price Comparison at a Glance

All prices are in USD per 1 million tokens ($/M tokens). Lower is cheaper.

Pricing TypeLlama 3.1 405B (Together AI)o3-miniCheaper
Input (standard)$3.50/M$1.10/Mo3-mini
Output$3.50/M$4.40/MLlama 3.1 405B (Together AI)
Cached inputN/A$0.55/M

Prices last verified: 2026-03-06

Cost Breakdown by Usage Volume

Estimated monthly costs at different request volumes, assuming 1,000 input tokens and 500 output tokens per request. Adjust in the calculator above for your specific use case.

VolumeLlama 3.1 405B (Together AI)Monthlyo3-miniMonthlyLlama 3.1 405B (Together AI)Per requesto3-miniPer request
1K requests/mo$5.25$3.30$0.005250$0.003300
10K requests/mo$52.50$33.00$0.005250$0.003300
100K requests/mo$525.00$330.00$0.005250$0.003300
1M requests/mo$5,250.00$3,300.00$0.005250$0.003300

Green values indicate the lower-cost option at each volume tier. Cost per request is calculated at 1,000 input + 500 output tokens using standard (non-batch, non-cached) pricing.

Price History

Input price per 1M tokens

When to Choose Llama 3.1 405B (Together AI)

by Together AI

  • Code generation
  • Content & copywriting
  • Document summarization

Input / 1M tokens

$3.50/M

Output / 1M tokens

$3.50/M

Context window

131,072

Tier

premium

When to Choose o3-mini

by OpenAI

  • Code generation
  • Data extraction

Input / 1M tokens

$1.10/M

Output / 1M tokens

$4.40/M

Context window

200,000

Tier

reasoning

Key Differences Beyond Price

Cost is only one factor in choosing an AI model. Context window size, rate limits, supported features, and latency all affect whether a model fits your use case.

CapabilityLlama 3.1 405B (Together AI)o3-mini
Context window131,072 tokens200,000 tokens
Max output tokens4,096 tokens100,000 tokens
Performance tierPremiumReasoning
Vision / image inputNoNo
Function callingYesYes
JSON modeYesYes
Prompt cachingNoYes
Batch API (50% discount)NoNo
Extended reasoningNoYes
Fine-tuningNoNo
Rate limit (req/min)Not published1,000

Llama 3.1 405B (Together AI) notes

Largest open-source model available via API. Meta license allows commercial use.

o3-mini notes

Configurable reasoning effort (low/medium/high). No vision support.

Frequently Asked Questions

Is Llama 3.1 405B (Together AI) cheaper than o3-mini?

At standard usage (1,000 input tokens, 500 output tokens, 100,000 requests/month), o3-mini costs $330.00/month versus $525.00/month for Llama 3.1 405B (Together AI) — a 37% saving. Your actual savings will vary based on your token profile; output-heavy workloads amplify differences in output pricing.

Which model has a larger context window, Llama 3.1 405B (Together AI) or o3-mini?

o3-mini has a larger context window at 200,000 tokens, compared to 131,072 tokens for Llama 3.1 405B (Together AI). A larger context window is important for processing long documents, multi-turn conversations, or large codebases without truncation.

Do Llama 3.1 405B (Together AI) and o3-mini support the Batch API?

Neither Llama 3.1 405B (Together AI) nor o3-mini currently supports a batch API with discounted pricing. For batch-eligible alternatives, consider models from OpenAI, Anthropic, or Google that include batch API support.

Which model offers better prompt caching?

o3-mini supports prompt caching at $0.55/M for cached input, while Llama 3.1 405B (Together AI) does not offer prompt caching. For RAG applications or chatbots with large, repeated context, o3-mini's caching capability can substantially reduce effective costs.

What are the best use cases for Llama 3.1 405B (Together AI) vs o3-mini?

Both models are well-suited for Code generation. Llama 3.1 405B (Together AI) is particularly strong for Content & copywriting, Document summarization. o3-mini is favored for Data extraction. At the same quality level, the lower-cost model is usually preferable; use this page's calculator to compare total monthly spend at your volume.

What is the cost per request for Llama 3.1 405B (Together AI) vs o3-mini?

At 1,000 input tokens and 500 output tokens per request — a typical conversational workload — Llama 3.1 405B (Together AI) costs $0.005250 per request and o3-mini costs $0.003300 per request. At 100,000 requests/month, that translates to $525.00 and $330.00 respectively. Use the interactive calculator to adjust these parameters for your actual workload.

Llama 3.1 405B (Together AI) vs o3-mini: Summary

When comparing Llama 3.1 405B (Together AI) and o3-mini for API cost, the right choice depends on your workload's token profile, required features, and tolerance for latency. o3-mini offers lower total cost at standard usage volumes (1,000 input + 500 output tokens per request at 100,000 requests/month) at $330.00/month, compared to $525.00/month for Llama 3.1 405B (Together AI).

Both models are priced in USD per million tokens, the standard unit across all major AI API providers. Llama 3.1 405B (Together AI) charges $3.50/M for input tokens and $3.50/M for output tokens. o3-mini charges $1.10/M input and $4.40/M output. If your workload is output-heavy (more tokens generated than consumed as input), the model with the lower output price compounds cost savings significantly at scale.

Prompt caching is supported by o3-mini but not Llama 3.1 405B (Together AI). For workloads with large, repeated system prompts or document context — such as RAG pipelines or multi-turn conversations with a fixed knowledge base — prompt caching can reduce effective input costs by 60–90%, which may change the cost ranking between these two models at your specific usage pattern.

Context window capacity differs between the two: o3-mini supports up to 200,000 tokens in a single request, versus 131,072 tokens for Llama 3.1 405B (Together AI). A larger context window is essential for document summarization, large codebase analysis, and multi-document retrieval-augmented generation (RAG) applications.

Use the interactive calculator at the top of this page to enter your actual token usage and monthly request volume for a precise cost comparison tailored to your workload. Adjust for batch API discounts and prompt caching to find the most cost-effective option for your specific deployment.

Explore other model comparisons from the same providers or performance tiers.

Related Provider Pages

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Relevant Use Cases

See cost recommendations for workloads where Llama 3.1 405B (Together AI) or o3-mini is recommended.