GPT-4o vs OpenAI o3

Performance benchmarks + pricing comparison — updated April 2026

GPT-4o

OpenAI

OpenAI's flagship multimodal model. Strong coding and reasoning at competitive pricing.

Input$2.50/M
Output$10.00/M
Context128K tokens
Best ForGeneral coding, multimodal tasks, chatbots
Benchmark75/100

OpenAI o3

OpenAI

Next generation reasoning model. Improved coding and math over o1.

Input$10.00/M
Output$40.00/M
Context200K tokens
Best ForAdvanced coding, complex problem-solving
Benchmark85/100

Benchmark Performance Comparison

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

BenchmarkGPT-4oOpenAI o3Leader
Overall Score 75 85 o3 leads by 10pts
SWE-bench Verified 70 82 o3 leads by 12pts
LiveCodeBench 78 88 o3 leads by 10pts
HumanEval 90 96 o3 leads by 6pts
BigCodeBench 62 74 o3 leads by 12pts

Cost Comparison by Scenario

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

ScenarioGPT-4oOpenAI o3Savings
Small Script (1K lines) $0.41 $1.55 GPT-4o saves $1.14 (74%)
Medium Feature (10K lines) $3.06 $11.50 GPT-4o saves $8.44 (73%)
Large Project (50K lines) $15.31 $57.50 GPT-4o saves $42.19 (73%)
Code Review (5K lines) $0.78 $2.75 GPT-4o saves $1.97 (72%)

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-4o 75 $0.033/pt Better value
OpenAI o3 85 $0.167/pt Higher cost per point

GPT-4o delivers the best value at $0.033 per score point.

Strengths & Weaknesses

GPT-4o

  • + Strong general-purpose
  • + Good multimodal
  • - Less consistent on coding than Claude

OpenAI o3

  • + Latest reasoning model
  • + Top-tier across all benchmarks
  • - Very expensive
  • - Slow

Verdict

GPT-4o is cheaper at $2.50/M, but OpenAI o3 scores higher on benchmarks (85 vs 75).

Choose GPT-4o for cost-sensitive projects, OpenAI o3 when performance matters most.

Compare with Other Models