API cost decision in 10 seconds

NewGPT Chat Latest vs GLM 5V Turbo

Pick GLM 5V Turbo for lower cost; pick GPT Chat Latest only if the larger context window matters more.

Page updated:  Data confirmed:  Prices normalized to USD per 1M tokens Sample workload: 1M input + 500K output

Budget verdict

Pick GLM 5V Turbo for lower cost; pick GPT Chat Latest only if the larger context window matters more.

On the standard 1M input plus 500K output workload, GLM 5V Turbo is estimated at $3.2 vs $20 for GPT Chat Latest, saving $16.8 (84% lower).

Cost-first pickGLM 5V Turbo
Context-first pickGPT Chat Latest
Sample savings$16.884%
10x traffic gap$168

GPT Chat Latest has more context, but GLM 5V Turbo saves $16.8 on the standard workload. At 10x that traffic, the same price gap is about $168. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

GLM 5V Turbo stays cheaper across input-heavy, balanced, and output-heavy sample workloads.

Workload shapeToken mixBetter pickGPT Chat LatestGLM 5V Turbo
Input-heavy / RAG5M input + 500K outputGLM 5V Turbo$40$8
Balanced workload1M input + 1M outputGLM 5V Turbo$35$5.2
Output-heavy chatbot1M input + 5M outputGLM 5V Turbo$155$21.2
Cheaper input GLM 5V Turbo $5 vs $1.2 / 1M

GLM 5V Turbo is $3.8 cheaper per 1M input tokens (76% lower; 4.17x difference).

Cheaper output GLM 5V Turbo $30 vs $4 / 1M

GLM 5V Turbo is $26 cheaper per 1M output tokens (86.7% lower; 7.5x difference).

Larger context GPT Chat Latest 400K vs 202.75K

GPT Chat Latest has 197.25K more context (1.97x larger).

Sample workload GLM 5V Turbo $20 vs $3.2

GLM 5V Turbo is $16.8 cheaper on the standard workload (84% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.
GPT Chat Latest Calculating… Estimated API cost
GLM 5V Turbo Calculating… Estimated API cost
Cheaper for this workload Calculating… Difference: calculating…

This estimate uses normalized public API pricing per 1M tokens. It is a planning aid, not a billing quote. Verify provider pricing, limits, and terms before production use.

Quick Decision

Verdict

GLM 5V Turbo has the lower input price; GLM 5V Turbo has the lower output price; GPT Chat Latest offers the larger context window. For the 1M input plus 500K output sample, GLM 5V Turbo is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $20 for GPT Chat Latest and $3.2 for GLM 5V Turbo.

Best Fit

Choose GPT Chat Latest when you care most about larger context window.

Choose GLM 5V Turbo when you care most about lower input-token price, and lower output-token price.

Decision Notes
  • On the standard 1M input plus 500K output workload, GLM 5V Turbo is estimated at $3.2 vs $20 for GPT Chat Latest, saving $16.8 (84% lower).
  • GLM 5V Turbo is $16.8 cheaper on the standard workload (84% lower).
  • GLM 5V Turbo is $3.8 cheaper per 1M input tokens (76% lower; 4.17x difference).
  • GLM 5V Turbo is $26 cheaper per 1M output tokens (86.7% lower; 7.5x difference).
  • GPT Chat Latest has 197.25K more context (1.97x larger).
Head-to-Head Specs
FeatureNewGPT Chat Latest
(OpenAI)
GLM 5V Turbo
(Z.ai)
Input Price
prompt tokens per 1M
$5$1.2
Completion Price
per 1M tokens
$30$4
Sample Workload Cost
1M input + 500K output
$20$3.2
Context Window400K202.75K
Release Date

Use-Case Decision Matrix

Use caseBetter pickWhy
Budget-constrained productionGLM 5V TurboOn the standard 1M input plus 500K output workload, GLM 5V Turbo is estimated at $3.2 vs $20 for GPT Chat Latest, saving $16.8 (84% lower).
High-volume input processingGLM 5V TurboLower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbotsGLM 5V TurboLower output-token price matters most when assistants generate many completion tokens.
RAG or long-document workGPT Chat LatestA larger context window leaves more room for retrieved passages, conversation history, or source files.

Related Alternatives

Same-provider lower-cost swaps
  • gpt-oss-120b (free) can replace GPT Chat Latest when lower sample workload cost matters most: $0.
  • gpt-oss-20b (free) can replace GPT Chat Latest when lower sample workload cost matters most: $0.
  • gpt-oss-20b can replace GPT Chat Latest when lower sample workload cost matters most: $0.1.
  • gpt-oss-120b can replace GPT Chat Latest when lower sample workload cost matters most: $0.13.
Larger context near this budget
  • Llama 4 Scout offers 10M context with $0.23 sample workload cost.
  • Grok 4.20 Multi-Agent offers 2M context with $5 sample workload cost.
  • Grok 4.20 offers 2M context with $2.5 sample workload cost.
  • GPT-5.5 offers 1.05M context with $20 sample workload cost.

Cheaper alternatives

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Larger context alternatives

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Provider catalogs

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OpenAI catalog

Review all tracked OpenAI models before deciding whether this matchup is the right shortlist.

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Z.ai catalog

Check other Z.ai models with comparable pricing, context, or release timing.

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GPT Chat Latest

GPT Chat Latest points to OpenAI's stable API alias `chat-latest` that always resolves to the latest Instant chat model used in ChatGPT. As OpenAI rolls out new Instant model updates...

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GLM-5V-Turbo is Z.ai’s first native multimodal agent foundation model, built for vision-based coding and agent-driven tasks. It natively handles image, video, and text inputs, excels at long-horizon planning, complex coding,...