Is GPT-3.5 Turbo 0301 or GPT-Image-2 cheaper?

GPT-3.5 Turbo 0301 is cheaper on output tokens ($2.00 vs $30.00 per 1M).

Which has the larger context window, GPT-3.5 Turbo 0301 or GPT-Image-2?

GPT-3.5 Turbo 0301 has the larger context window (4K tokens).

GPT-3.5 Turbo 0301 vs GPT-Image-2

GPT-3.5 Turbo 0301 is cheaper on output tokens, while GPT-3.5 Turbo 0301 offers a larger context window. Choose GPT-3.5 Turbo 0301 or GPT-Image-2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	GPT-3.5 Turbo 0301	GPT-Image-2
Provider	Azure	Azure
Input / 1M tokens	$1.50	$5.00
Output / 1M tokens	$2.00	$30.00
Context window	4K	0
Parameters	—	—
Open weights	No	No
Released	Mar 2023	Apr 2026

GPT-3.5 Turbo 0301 details →GPT-Image-2 details →

FAQ

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.