Llama 3.1 8B Instruct API Pricing 2026

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Last updated: June 28, 2026 at 08:35 AM

Overview

Llama 3.1 8B Instruct was released on July 23, 2024. Pricing starts at $0.020 per million input tokens and $0.030 per million output tokens. The model supports a context window of up to 16K tokens. API access is available through Meta-llama.

Context Window

16K

tokens

Pricing

Input$0.020

Output$0.030

Cached$0.100

per 1M tokens

Speed

Output172 tok/s

TTFT0.51s

median latency

Capabilities

Tools

Pricing Comparison

Compare Llama 3.1 8B Instruct with 0 similar models by price.

Current Pricing (per 1M tokens)

1 models

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Provider	Model	Input $/M	Output $/M	Coding	MMLU	GPQA	Context	Actions
M Meta-llama	Llama 3.1 8B Instruct	$0.020	$0.030	11.6	47.6	25.9	16,384	Try

* Some models use tiered pricing based on prompt length. Displayed prices are for prompts ≤ 200k tokens.

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Llama 3.1 8B Instruct is available from multiple providers with different pricing and availability.

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Community Rankings

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Cost vs. Quality

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Llama 3.1 8B Instruct

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Detailed Benchmark Scores

Intelligence

6.1 (16th pct)

Coding

Math

4.3 (6th pct)

MMLU Pro

47.6 (15th pct)

GPQA

25.9 (8th pct)

LiveCodeBench

11.6 (7th pct)

AIME

7.7 (15th pct)

Aider

37.6 (15th pct)

Benchmark data from Artificial Analysis and HuggingFace Open LLM Leaderboard

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Frequently Asked Questions

Llama 3.1 8B Instruct costs $0.000020 per 1,000 input tokens and $0.000030 per 1,000 output tokens.

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URL: https://pricepertoken.com/pricing-page/model/meta-llama-llama-3.1-8b-instruct