Head-to-Head API Cost Benchmark

Llama 3.3 70B Versatile (Groq) vs OpenAI o3-mini: API Price & Latency Comparison

On a standard B2B production workload (5,000 req/day), Llama 3.3 70B Versatile (Groq) is 63.0% cheaper ($212.40/mo vs $573.38/mo), while Llama 3.3 70B Versatile (Groq) leads in token generation speed (310 tok/s).

Side-by-Side Specification & Billing Matrix

Metric Llama 3.3 70B Versatile (Groq) (GroqCloud) OpenAI o3-mini (OpenAI) Advantage
Standard Input / 1M Tokens $0.590 $1.100 Llama 3.3 70B Versatile (Groq)
Cached Input / 1M Tokens $0.290 $0.550 Llama 3.3 70B Versatile (Groq)
Output Generation / 1M Tokens $0.79 $4.40 Llama 3.3 70B Versatile (Groq)
Intelligence / Benchmark Quality 1250 LMSYS Elo 1305 LMSYS Elo OpenAI o3-mini
Monthly Spend (5k req/day, 50% cache) $212.40 / mo $573.38 / mo Llama 3.3 70B Versatile (Groq) (-63.0%)
Context Window 128,000 tokens 200,000 tokens OpenAI o3-mini
Output Speed (Throughput) 310 tokens/sec 95 tokens/sec Llama 3.3 70B Versatile (Groq)
Batch API Discount -25% (GroqCloud) -50% (OpenAI) OpenAI
Primary Workload Fit Voice agents, instant autocomplete, sub-200ms interactive UX Algorithmic code generation, math, STEM reasoning, automated QA agents Workload Dependent
Deploy / Console Access Try Llama 3.3 70B Versatile (Groq) → Try OpenAI o3-mini → Open Full Simulator