Entry-tier median is $0.02, top-tier median $15.0. This reflects published list pricing -- negotiated enterprise deals land 15-40% below list, based on Vendr deal-flow data for comparable categories.
Embedding API Pricing Benchmarks 2026
Quick Answer
Embedding APIs charge per 1M input tokens. Models range from 50x cheaper than flagship OpenAI to parity. Across 4 tracked products, the median price range is $0.02 (entry) to $15.0 (top tier). Cheapest: Voyage AI at $0.02. Most premium: OpenAI API at $270.0.
Market Median (4 products)
Per-Product Pricing
| Product | Entry | Median | Top | Unit |
|---|---|---|---|---|
| Voyage AI | $0.02 | $0.06 | $0.18 | per million tokens |
| Cohere API | $0.037 | $0.6 | $10.0 | per million tokens |
| Mixedbread | $0 | $20 | $20 | month |
| OpenAI API | $0.02 | $135.01 | $270.0 | per million tokens |
Frequently Asked Questions
01 Which embedding apis is cheapest?
Voyage AI has the lowest entry price at $0.02. Free tiers may exist -- check the product page for limits.
02 Median embedding apis price in 2026?
Across 4 tracked products, the median low-tier price is $0.02 and median high-tier is $15.0.