GPT-3.5 Turbo vs DeepSeek Chat V3

Performance benchmarks + pricing comparison — updated April 2026

GPT-3.5 Turbo

OpenAI

Budget model for simple tasks. Being phased out but still widely used.

Input$0.500/M
Output$1.50/M
Context16K tokens
Best ForSimple chatbots, basic text generation
Benchmark40/100

DeepSeek Chat V3

DeepSeek

Very affordable general-purpose model from DeepSeek. Strong coding and reasoning at low cost.

Input$0.270/M
Output$1.10/M
Context128K tokens
Best ForCost-sensitive projects, coding, general tasks
Benchmark62/100

Benchmark Performance Comparison

Third-party benchmark scores — higher is better. Data sourced from SWE-bench, LiveCodeBench, HumanEval, and BigCodeBench.

BenchmarkGPT-3.5 TurboDeepSeek Chat V3Leader
Overall Score 40 62 DeepSeek Chat (V3) leads by 22pts
SWE-bench Verified 32 56 DeepSeek Chat (V3) leads by 24pts
LiveCodeBench 42 64 DeepSeek Chat (V3) leads by 22pts
HumanEval 62 84 DeepSeek Chat (V3) leads by 22pts
BigCodeBench 26 46 DeepSeek Chat (V3) leads by 20pts

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioGPT-3.5 TurboDeepSeek Chat V3Savings
Small Script (1K lines) $0.06 $0.04 DeepSeek Chat V3 saves $0.02 (32%)
Medium Feature (10K lines) $0.48 $0.31 DeepSeek Chat V3 saves $0.16 (34%)
Large Project (50K lines) $2.38 $1.57 DeepSeek Chat V3 saves $0.80 (34%)
Code Review (5K lines) $0.13 $0.07 DeepSeek Chat V3 saves $0.05 (40%)

Value Analysis (Price per Benchmark Score Point)

Lower is better — how much you pay for each point of benchmark performance.

ModelOverall ScorePrice per Score PointVerdict
GPT-3.5 Turbo 40 $0.013/pt Higher cost per point
DeepSeek Chat V3 62 $0.004/pt Better value

DeepSeek Chat V3 delivers the best value at $0.004 per score point.

Strengths & Weaknesses

GPT-3.5 Turbo

  • + Ultra-cheap
  • + Very fast
  • - Basic coding only

DeepSeek Chat V3

  • + Excellent value
  • + Strong coding focus
  • - Less general-purpose

Verdict

DeepSeek Chat V3 wins on both price and performance — $0.270/M input with a benchmark score of 62/100.

For most developers, this is the clear choice between these two models.

Compare with Other Models