GPT-4 Turbo vs GPT-3.5 Turbo

Performance benchmarks + pricing comparison — updated April 2026

GPT-4 Turbo

OpenAI

Previous generation high-performance model. Good for complex reasoning tasks.

Input$10.00/M
Output$30.00/M
Context128K tokens
Best ForComplex reasoning, data extraction, analysis
Benchmark70/100

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

Benchmark Performance Comparison

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

BenchmarkGPT-4 TurboGPT-3.5 TurboLeader
Overall Score 70 40 GPT-4 Turbo leads by 30pts
SWE-bench Verified 64 32 GPT-4 Turbo leads by 32pts
LiveCodeBench 72 42 GPT-4 Turbo leads by 30pts
HumanEval 88 62 GPT-4 Turbo leads by 26pts
BigCodeBench 56 26 GPT-4 Turbo leads by 30pts

Cost Comparison by Scenario

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

ScenarioGPT-4 TurboGPT-3.5 TurboSavings
Small Script (1K lines) $1.25 $0.06 GPT-3.5 Turbo saves $1.19 (95%)
Medium Feature (10K lines) $9.50 $0.48 GPT-3.5 Turbo saves $9.03 (95%)
Large Project (50K lines) $47.50 $2.38 GPT-3.5 Turbo saves $45.13 (95%)
Code Review (5K lines) $2.50 $0.13 GPT-3.5 Turbo saves $2.38 (95%)

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-4 Turbo 70 $0.133/pt Higher cost per point
GPT-3.5 Turbo 40 $0.013/pt Better value

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

Strengths & Weaknesses

GPT-4 Turbo

  • + Proven model
  • + Large context
  • - Superseded by GPT-4o

GPT-3.5 Turbo

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

Verdict

GPT-3.5 Turbo is cheaper at $0.500/M, but GPT-4 Turbo scores higher on benchmarks (70 vs 40).

Choose GPT-3.5 Turbo for cost-sensitive projects, GPT-4 Turbo when performance matters most.

Compare with Other Models