GPT-4 Turbo vs Llama 3.1 70B

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

Llama 3.1 70B

Meta

Meta's mid-size Llama 3.1. Strong general performance with open weights for custom deployment.

Input$0.200/M
Output$0.400/M
Context128K tokens
Best ForGeneral AI tasks, custom deployment, fine-tuning

Cost Comparison by Scenario

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

ScenarioGPT-4 TurboLlama 3.1 70BSavings
Small Script (1K lines) $1.25 $0.02 Llama 3.1 70B saves $1.23 (98%)
Medium Feature (10K lines) $9.50 $0.15 Llama 3.1 70B saves $9.35 (98%)
Large Project (50K lines) $47.50 $0.75 Llama 3.1 70B saves $46.75 (98%)
Code Review (5K lines) $2.50 $0.04 Llama 3.1 70B saves $2.46 (98%)

Verdict

Llama 3.1 70B wins on both price and performance — $0.200/M input with a benchmark score of N/A/100.

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

Compare with Other Models