GPT-3.5 Turbo vs OpenAI o1

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

OpenAI o1

OpenAI

Reasoning model optimized for complex problem-solving. Excels at math, science, and advanced coding.

Input$15.00/M
Output$60.00/M
Context200K tokens
Best ForComplex math, advanced coding, scientific reasoning
Benchmark83/100

Benchmark Performance Comparison

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

BenchmarkGPT-3.5 TurboOpenAI o1Leader
Overall Score 40 83 o1 leads by 43pts
SWE-bench Verified 32 80 o1 leads by 48pts
LiveCodeBench 42 84 o1 leads by 42pts
HumanEval 62 95 o1 leads by 33pts
BigCodeBench 26 73 o1 leads by 47pts

Cost Comparison by Scenario

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

ScenarioGPT-3.5 TurboOpenAI o1Savings
Small Script (1K lines) $0.06 $2.32 GPT-3.5 Turbo saves $2.26 (97%)
Medium Feature (10K lines) $0.48 $17.25 GPT-3.5 Turbo saves $16.77 (97%)
Large Project (50K lines) $2.38 $86.25 GPT-3.5 Turbo saves $83.88 (97%)
Code Review (5K lines) $0.13 $4.13 GPT-3.5 Turbo saves $4.00 (97%)

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 Better value
OpenAI o1 83 $0.181/pt Higher cost per point

GPT-3.5 Turbo delivers the best value at $0.013 per score point.

Strengths & Weaknesses

GPT-3.5 Turbo

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

OpenAI o1

  • + Strong step-by-step reasoning
  • + Best at math-heavy coding
  • - Expensive
  • - Slow

Verdict

GPT-3.5 Turbo is cheaper at $0.500/M, but OpenAI o1 scores higher on benchmarks (83 vs 40).

Choose GPT-3.5 Turbo for cost-sensitive projects, OpenAI o1 when performance matters most.

Compare with Other Models