Model Specs at a Glance: What You Are Actually Paying For
GPT-5.5 launched on April 24, 2026 via OpenAI's Responses and Chat Completions APIs, priced at $5 per million input tokens and $30 per million output tokens. Claude Opus 4.8 followed on May 28, 2026, priced identically on input at $5/1M but notably cheaper on output at $25/1M. That $5 difference on output tokens matters more for research than for most other task types — research sessions generate a lot of output. A typical literature review session producing 20,000 output tokens costs $0.60 on GPT-5.5 and $0.50 on Opus 4.8. Run 100 such sessions per month and the difference is $120 on output alone before you factor in batch discounts.
Both models offer a 1-million-token context window — enough to load roughly 750 dense academic papers or a full book-length document in a single session. However, GPT-5.5 carries a surcharge: prompts with more than 272,000 input tokens are charged at 2x input and 1.5x output for the full session. That surcharge makes very-long-context research tasks noticeably more expensive on GPT-5.5. Opus 4.8 does not carry a stated per-session long-context surcharge on the Anthropic API, Amazon Bedrock, or Google Cloud, though its context window shrinks to 200,000 tokens on Microsoft Foundry.
Both providers offer 50% batch pricing for async workloads — useful for overnight literature reviews or bulk PDF processing. OpenAI's Flex tier and Anthropic's Message Batches API both hit 50% off, dropping Opus 4.8's output to $12.50/1M and GPT-5.5's output to $15/1M in batch mode. For high-volume research pipelines running overnight jobs, Opus 4.8 comes out cheaper in nearly every scenario where output tokens dominate. See Anthropic vs OpenAI Pricing 2026 for a full breakdown of how these pricing structures compare across workloads.