How many OpenAI credits do I need?

It depends. ChatGPT for Excel supports multiple models, each with different capabilities and price points. Prices are per 1,000 tokens. You can think of tokens as pieces of words, where 1,000 tokens is about 750 words. This paragraph is 58 tokens.



AI Model Cost (OpenAI)

Model Input Output
GPT-3.5 $0.0010 / 1K tokens $0.0020 / 1K tokens
GPT-4 $0.03 / 1K tokens $0.06 / 1K tokens
GPT-4 Turbo $0.01 / 1k tokens $0.03 / 1k tokens

Example

Let’s generate a paragraph of text using the AI.ASK function:


The generated paragraph of text is 92 AI tokens:


The cost to generate this paragraph will depend on the selected AI model:

– Using GPT-3.5 Turbo: ~$0.000184

– Using GPT-4 Turbo: ~$0.00276

– Using GPT-4: ~$0.00552



How many paragraphs can I generate for OpenAI credits?
OpenAI Credits $10 $30 $100
Using GPT-3.5 Turbo model 54,000 160,000 500,000
Using GPT-4 Turbo model 3600 11,000 36,000
Using GPT-4 model 1800 5400 18,000
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