tokevenCost Calculator
How much does invoice parsing cost?
Compare 14 AI models for invoice parsing. Prices shown at 10K calls/month with default token counts.
Data extraction tasks parse unstructured text into structured output like JSON formats. Input includes the raw document that the model processes for structured data. Output is compact and well-structured, keeping output token costs relatively low overall.
What drives invoice parsing cost
Invoices are short, highly repetitive documents processed in bulk: the ideal batch API workload. Per-document cost is low; total cost is set by volume and by whether you are paying full rate for a job that could have run asynchronously overnight at a discount. The extraction schema is constant, so it should never be paying full input rate either.
Recommendations
Top picks for invoice parsing
Best quality
GPT 5.4
89/100 confidence
Best value
GPT 5.6 Luna
89/100 confidence · $16/mo
Monthly estimates assume 2,000 input / 600 output tokens per call. Use the detailed page for custom calculations.
Confidence scores are a third-party benchmark snapshot from week 29 of 2026. This snapshot is 8 weeks old, so treat the scores as directional and validate against your own evals.
Frequently asked questions
How much does invoice parsing cost per API call?
Invoices are short, highly repetitive documents processed in bulk: the ideal batch API workload. Per-document cost is low; total cost is set by volume and by whether you are paying full rate for a job that could have run asynchronously overnight at a discount. The extraction schema is constant, so it should never be paying full input rate either. Across the 14 models we track, a typical call uses about 2,000 input and 600 output tokens.
What is the cheapest model for invoice parsing?
GPT 5.6 Luna from GPT is the lowest-cost model we track for invoice parsing, at roughly $16.00 for 10,000 calls per month. It scores 89 out of 100 on this task type.
Which model is best for invoice parsing?
GPT 5.4 from GPT ranks highest for invoice parsing, scoring 89 out of 100. Confidence scores are a third-party benchmark snapshot from week 29 of 2026. This snapshot is 8 weeks old, so treat the scores as directional and validate against your own evals.
See your real invoice parsing costs
These are estimates based on published rates. Track your real spend with the free dashboard.