o3 vs GPT-4o

Side-by-side comparison of o3 (OpenAI) and GPT-4o (OpenAI). Exact API pricing per million tokens, context windows, output speed, and total cost on real-world prompts.

Specifications

Spec o3 GPT-4o
Provider OpenAI OpenAI
Model id o3 gpt-4o
Input price (per 1M tokens) $2.00 $5.00
Output price (per 1M tokens) $8.00 $15.00
Context window 200,000 128,000
Output speed (tokens/sec) ~40 ~95
Tokenizer encoding o200k_base o200k_base

Cost on real prompts

Total cost = (input tokens × input price) + (output tokens × output price). Numbers below use the exact pricing tables published by each provider.

Scenario Input Output o3 GPT-4o Cheaper
Short question + answer 50 150 $0.001300 $0.002500 o3
Code review on one file 500 1,500 $0.013000 $0.025000 o3
Long document summary 5,000 500 $0.014000 $0.032500 o3
Heavy reasoning task 2,000 8,000 $0.068000 $0.130000 o3
Full codebase analysis 50,000 10,000 $0.180000 $0.400000 o3

Want the exact cost for your prompt instead of these examples? Open the cost calculator pre-loaded with both models →

When to pick which

Heuristics derived from the spec table above. Always validate on your own prompts before committing — these are starting points, not verdicts.

Pick o3 for

  • output-heavy workloads (long-form generation, code, summaries) — o3 is meaningfully cheaper per output token
  • input-heavy workloads (long context, RAG, document QA) — o3 is cheaper per input token
  • tasks needing a larger context window — o3 fits 2x more tokens than gpt-4o
  • complex multi-step reasoning (math, debugging, planning) — o3 uses chain-of-thought internally

Pick GPT-4o for

  • latency-sensitive UX — gpt-4o streams faster (~95 vs ~40 tok/s)

Switching between them

For most use cases, switching providers means updating the model id and the request shape if the providers differ. Within the same provider, it's usually a single-line change.

From o3 to GPT-4o

# Before
model = "o3"

# After
model = "gpt-4o"

If the providers differ (OpenAI vs OpenAI), you'll also need to swap the SDK / endpoint URL. Cross-provider migrations usually take 30 minutes to a few hours depending on how many features (streaming, function calling, tool use) you depend on.

Calculate cost on your own prompt

The examples above use generic input/output ratios. For an exact comparison, paste your real prompt into the calculator — it counts tokens with the right tokenizer for each model and shows side-by-side cost.

Open the calculator with both models →