Embedding Cost Calculator

Calculate the cost of AI embedding models for your RAG applications.

0 characters

Estimate monthly cost for scaling your RAG application

Total Cost

$0.0000

Tokens:0
Model:text-embedding-3-small
Dimensions:1536
Price / 1M tokens:$0.02
Monthly cost:$0.02

Embedding Model Comparison

Cost for 0 tokens

ProviderModelDimensionsPrice / 1MCost
OpenAI
text-embedding-3-small
Most cost-effective embedding model from OpenAI
1536$0.02$0.0000
OpenAI
text-embedding-3-large
Highest quality embeddings with 3072 dimensions
3072$0.13$0.0000
OpenAI
text-embedding-ada-002
Legacy Ada model, still widely used
1536$0.10$0.0000
Cohere
embed-english-v3.0
Best for English text embeddings
1024$0.10$0.0000
Cohere
embed-multilingual-v3.0
Supports 100+ languages
1024$0.10$0.0000
Mistral
mistral-embed
Mistral embedding model for RAG applications
1024$0.10$0.0000

How It Works

Embedding models convert text into vector representations used for semantic search and RAG. Cost is calculated by multiplying your total token count by the model's price per million tokens. Our token estimation provides a close approximation of actual token counts.

RAG Cost Factors

  • Text volume:Total document tokens
  • Re-indexing:Costs recur per update
  • Query embedding:Small per-query cost
  • Dimension size:Affects storage cost

Frequently Asked Questions

What is an embedding model?

An embedding model converts text into numerical vectors that capture semantic meaning. These vectors are used in search, recommendation systems, and RAG applications to find relevant content based on meaning rather than exact keywords.

How is embedding cost calculated?

Embedding cost is calculated based on the number of tokens processed. Each provider charges a rate per 1 million tokens, which is multiplied by your total token count to get the final cost.

Which embedding model is most cost-effective?

OpenAI text-embedding-3-small is currently the most cost-effective at $0.02 per 1M tokens, making it ideal for high-volume applications. For higher quality embeddings, the 3-large model at $0.13 per 1M tokens offers better accuracy.

Why are embeddings important for RAG?

Embeddings are the core of RAG systems. They enable semantic search over your documents, allowing the AI to find and use relevant information. Accurate embedding cost estimation is critical for production RAG budgets.