Verified October 2026

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GPT-5.4 vs GPT-5.2

A straight cost comparison of GPT-5.4 (OpenAI) and GPT-5.2 (OpenAI), per 1,000,000 tokens, verified October 2026.

$2.50GPT-5.4 input / 1M
$1.75GPT-5.2 input / 1M
16%Blended price gap
GPT-5.2Cheaper blended

Rate-by-rate comparison

USD per 1M tokens · October 2026
MetricGPT-5.4GPT-5.2Winner
Input / 1M$2.50$1.75GPT-5.2
Cached input / 1M$0.25$0.175GPT-5.2
Cache write / 1M——Tie
Output / 1M$15$14GPT-5.2
Context window1,050,000400,000GPT-5.4
Batch APIYesYesTie
Long-context tier> 272,000None—

For per-token metrics, the lower number wins. For context window and batch support, the higher or broader option wins. A dash means the provider does not publish that rate: a missing cache-write fee means writes are not billed per token, while a missing cached-input rate means cache hits bill at the full input rate.

Blended cost: 1M input + 250K output

ModelBlended costDifference
GPT-5.4$6.25+$1
GPT-5.2$5.25Cheaper

Three workloads, two bills

WorkloadGPT-5.4GPT-5.2Winner
Support chat
1,000 requests · 4K input / 600 output
$19$15.40GPT-5.2
RAG with caching
1,000 requests · 50K input (45K cached) / 1K output
$38.85$30.70GPT-5.2
Nightly batch job
10,000 requests · 10K input / 2K output
$275$228GPT-5.2

Which one should you pick?

GPT-5.4 wins on none of the three workloads above, while GPT-5.2 wins on support chat, cached RAG, nightly batch job.

Beyond price, the two differ on input rate ($2.50 vs $1.75); output rate ($15 vs $14); cached-input rate ($0.25 vs $0.175); context window (1,050,000 vs 400,000); long-context tier (yes, above 272,000 vs none).

Batch mode is available on GPT-5.4 and GPT-5.2, which halves the nightly job. Both publish cached-input discounts, so a stable system prompt is worth caching on either.

FAQ

Is GPT-5.4 cheaper than GPT-5.2?

On a blended 1M-input-plus-250K-output workload, GPT-5.2 is cheaper by 16% ($5.25 vs $6.25). The gap changes for cache-heavy prompts and for batch jobs, as the workload table shows.

Which handles longer prompts, GPT-5.4 or GPT-5.2?

GPT-5.2 has the larger context window (1,050,000 vs 400,000 tokens). Watch the long-context threshold on GPT-5.4: rates rise once input passes it.

Do both models support prompt caching?

GPT-5.4 bills cached reads at $0.25 per 1M; GPT-5.2 at $0.175.

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