TokenCalc AI
Data Engineering

Cost of Labeling Datasets with an LLM

Labeling millions of short items is a pure throughput problem where per-token price decides everything.

Typical monthly workload

Input tokens
60,000,000
Output tokens
3,000,000
Requests / day
50,000

Illustrative estimate. Adjust the sliders below to match your own volume.

Recommended setup

DeepSeek V3

Label with the cheapest acceptable model, then audit a random sample with a stronger model to estimate error rate.

Estimated: $9.24 / month vs $225.00 / month (100% Claude 3.5 Sonnet) (~96% less)

Monthly cost by model for this workload

ModelInput / 1MOutput / 1MEst. monthly cost
Gemini 1.5 Flash$0.075$0.30$5.40
DeepSeek V3 / V2.5$0.140$0.28$9.24
GPT-4o Mini$0.150$0.60$10.80
Llama 3.3 70B (Groq/Together)$0.590$0.79$37.77
Claude 3.5 Haiku$0.800$4.00$60.00
o1-mini$1.100$4.40$79.20
Gemini 1.5 Pro$1.250$5.00$90.00
Mistral Large 2$2.000$6.00$138.00
GPT-4o (Omni)$2.500$10.00$180.00
Claude 3.5 Sonnet$3.000$15.00$225.00
o1 (Reasoning)$15.000$60.00$1080.00

Computed from list prices and the workload above (60,000,000 input and 3,000,000 output tokens per month), with no caching or batch discounts. Real bills vary.

How to cut this cost

  • Measure agreement

    Compare model labels with a human-labeled sample before scaling up.

  • Use batch endpoints

    Where providers offer batch pricing, use it for non-urgent labeling jobs.

Simulate your own spend

Quick Workload Presets

Pick a ready-made scenario or customize your token volume below.

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Token & Usage Parameters

1,000,000
10k1M5M10M20M
400,000
5k200k1M3M5M
1 seat
Monthly Optimization Opportunity
$189.15/ month

By switching or routing background tasks from GPT-4o to Gemini 1.5 Flash, your team saves up to $2,270 annually.

Gemini 1.5 FlashGoogleLowest Price

Lowest cost per token, high-frequency tasks, real-time audio/video

$0.07/1M in$0.30/1M out1000k context
$5.85/mo
$0.20 / day · $71 / yr
Specs & Cheaper Alts →
DeepSeek V3 / V2.5DeepSeek

State-of-the-art open economics, high-performance general intelligence

$0.14/1M in$0.28/1M out128k context
$7.56/mo
$0.25 / day · $92 / yr
Specs & Cheaper Alts →
GPT-4o MiniOpenAI

High-volume text processing, fast chatbots, classification

$0.15/1M in$0.60/1M out128k context
$11.70/mo
$0.39 / day · $142 / yr
Specs & Cheaper Alts →
Llama 3.3 70B (Groq/Together)Meta

Open-weights privacy, self-hosting or ultra-cheap hosted inferencing

$0.59/1M in$0.79/1M out128k context
$27.18/mo
$0.91 / day · $331 / yr
Specs & Cheaper Alts →
Claude 3.5 HaikuAnthropic

Rapid code completion, customer service, structured data extraction

$0.80/1M in$4.00/1M out200k context
$72.00/mo
$2.40 / day · $876 / yr
Specs & Cheaper Alts →
o1-miniOpenAI

Fast STEM reasoning, competitive programming at lower cost

$1.10/1M in$4.40/1M out128k context
$85.80/mo
$2.86 / day · $1044 / yr
Specs & Cheaper Alts →
Gemini 1.5 ProGoogle

Massive context (2M tokens), full video/audio analysis, large codebases

$1.25/1M in$5.00/1M out2000k context
$97.50/mo
$3.25 / day · $1186 / yr
Specs & Cheaper Alts →
Mistral Large 2Mistral

Multilingual tasks, European compliance, enterprise code generation

$2.00/1M in$6.00/1M out128k context
$132.00/mo
$4.40 / day · $1606 / yr
Specs & Cheaper Alts →
GPT-4o (Omni)OpenAI

Complex multimodal reasoning, coding, and production apps

$2.50/1M in$10.00/1M out128k context
$195.00/mo
$6.50 / day · $2373 / yr
Specs & Cheaper Alts →
Claude 3.5 SonnetAnthropicTop Coding Choice

Software engineering, nuanced writing, complex agentic workflows

$3.00/1M in$15.00/1M out200k context
$270.00/mo
$9.00 / day · $3285 / yr
Specs & Cheaper Alts →
o1 (Reasoning)OpenAI

Advanced mathematics, algorithmic coding, PhD-level scientific logic

$15.00/1M in$60.00/1M out200k context
$1170.00/mo
$39.00 / day · $14235 / yr
Specs & Cheaper Alts →

Frequently asked questions

Is LLM labeling as accurate as humans?

It depends on the task. It is often good for clear categories and weaker for subjective or specialized labels, so always validate on a human-labeled sample.