How do the prices compare?
On headline rates, Gemini 3 is the cheaper family. Gemini 3.5 Flash ($1.50 in / $9.00 out) and Gemini 3.1 Pro ($2.00 / $12.00) both undercut GPT-5.4 ($2.50 / $15.00), and Gemini undercuts GPT-5.5 ($5.00 / $30.00) by a wide margin. For even cheaper throughput, Gemini 3.1 Flash-Lite runs $0.25 / $1.50.
On the OpenAI side, the cheaper end of the GPT-5 line is competitive: gpt-5.4-mini ($0.75/$4.50) and gpt-5.4-nano ($0.20/$1.25) are aimed at high-volume simple tasks. So the "which is cheaper" answer depends on which tiers you compare — at the top, Gemini is clearly cheaper; at the very bottom, OpenAI's nano is among the lowest.
Both vendors move prices, so treat these as a June 2026 snapshot and confirm on the live Gemini and OpenAI pages.