Llama 3 8B Instruct API Cost Calculator
Estimate your monthly API costs for Llama 3 8B Instruct from Meta Llama.
Pricing per 1M tokens
Pricing last verified: Mar 21, 2026
30-Day Price History
Solid line: input price · Dashed line: output price
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Cost Breakdown
Compare with Similar Models
| Model | Input/1M | Output/1M |
|---|---|---|
| Llama 3.1 8B Instruct Meta Llama | $0.0200 | $0.0500 |
| Llama Guard 3 8B Meta Llama | $0.0200 | $0.0600 |
| Llama 3.2 11B Vision Instruct Meta Llama | $0.0490 | $0.0490 |
| Llama 3.2 3B Instruct (free) Meta Llama | $0.00 | $0.00 |
| Llama 3.3 70B Instruct (free) Meta Llama | $0.00 | $0.00 |
Frequently Asked Questions
How much does Llama 3 8B Instruct cost per token?
Llama 3 8B Instruct is priced at $0.0300 per 1M input tokens and $0.0400 per 1M output tokens. Use the calculator above to estimate your monthly costs based on your usage volume.
What is the context window for Llama 3 8B Instruct?
Llama 3 8B Instruct has a context window of 8.2K tokens (8,192 tokens). The maximum output length is 16.4K tokens.
Does Llama 3 8B Instruct support function calling (tool use)?
Yes, Llama 3 8B Instruct supports function calling (also called tool use). You can define custom functions that the model can invoke as part of its responses.
How does Llama 3 8B Instruct compare to similar models?
Llama 3 8B Instruct costs $0.0300 input and $0.0400 output per 1M tokens. Llama 3.3 70B Instruct (free) is less expensive at $0.00 input and $0.00 output per 1M tokens. See the "Compare with Similar Models" table above, or visit the Llama 3.3 70B Instruct (free) page at /tools/cost-calculator/meta-llama/llama-3-3-70b-instruct-free.