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API Pricing Tier Calculator

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Implement prompt caching for repeated context (system prompts, knowledge bases) — Anthropic offers up to 90% discount on cached input tokens, OpenAI offers 50%. For high-volume applications with stable system prompts and conversation context, this single optimization can cut costs by 60-80% with no quality impact. Combine with model tier selection (use mini/haiku/flash by default, escalate as needed) for compound savings.

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When GPT-4 was released in March 2023, it was priced at $30 input + $60 output per 1M tokens — making it 20× more expensive than GPT-4o mini ($0.15 + $0.60) less than two years later. This 20× price drop in 18 months illustrates the rapid LLM cost reduction trend. Many AI features that were economically infeasible at $30 per 1M tokens (chat-with-documents, AI coding assistants, real-time content generation) became viable at sub-dollar pricing. The economic implications continue to drive new AI-native product categories.

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