What does each tier cost?
As of June 2026, GPT-5.5 is $5.00 input / $30.00 output per million tokens, and GPT-5.4 is $2.50 / $15.00 — exactly half on both sides. The output gap is the one to watch: $30 vs $15 means a long-output workload on GPT-5.5 costs twice as much per generated token.
Below the flagships, the GPT-5.4 family gets much cheaper: gpt-5.4-mini at $0.75 / $4.50 and gpt-5.4-nano at $0.20 / $1.25. There's also a coding-focused gpt-5.3-codex at $1.75 / $14.00. All figures are on the OpenAI pricing page — always check the live page, since prices move.
The practical takeaway: the GPT-5 line spans a wide cost range, and most teams overspend by running everything on the top tier. Match the tier to the difficulty of the task.