OpenAI API vs Cohere API: Embedding APIs Pricing (2026)

OpenAI API vs Cohere API

Embedding APIs pricing comparison · 2026

OpenAI API pricing ranges from $0.02–$270/per million tokens, while Cohere API ranges from $0.037–$10/per million tokens. These products use different pricing models (Usage-based (pay per token/image/minute) vs Per-seat subscription), so a direct price comparison isn't meaningful — costs depend on usage volume and mix.

Embedding APIs

OpenAI API

$0.02–$270
/per million tokens
3 plans
Full pricing breakdown →
VS
Embedding APIs

Cohere API

$0.037–$10
/per million tokens
4 plans · Free tier
Full pricing breakdown →

Different Pricing Models

Direct price comparison isn't meaningful here — OpenAI API uses Usage-based (pay per token/image/minute) pricing while Cohere API uses Per-seat subscription pricing. Your actual cost will depend on usage volume, team size, or both. Here's each product in its native unit.

Usage-based (pay per token/image/minute)

OpenAI API

From $0.02 per 1M cached input tokens
See full OpenAI API pricing →
vs
Per-seat subscription

Cohere API

$0.037–$10 / per million tokens
See full Cohere API pricing →

OpenAI API and Cohere API are both embedding apis competitors. This page compares their list pricing tier by tier so you can see which is cheaper for your workload shape.

Plan-by-Plan Pricing

Plan OpenAI API Cohere API
GPT-5.4 mini / nano (Economy) Custom Free /month
GPT-5.4 / GPT-5.4 Pro (Flagship) Custom Custom
Enterprise Custom Custom
Embed & Rerank Custom

Contract Terms

Term OpenAI API Cohere API
Auto-renewal No
Cancellation
Minimum commitment
Can downgrade Yes