Comment by asar

13 hours ago

$1.5/m input tokens $9/m output tokens

6x the price of 3.1 flash lite

"Flash-Lite" is a different product from "Flash", which is more expensive. They couldn't be more confusing with their naming though, especially since they have 3.1 Pro and not 3.1 Flash non-lite.

I haven't used 3.5 at all yet, but previous Gemini (and Gemma models) are by far the most token light per task than any other model.

Cost per task is a more productive measure, but obviously a more difficult one to benchmark.

I don't think input/output pricing matters, 90% of the cost is cache. $0.15 is pretty good, but still very expensive.

  • It depends on the use-case. yes, 90% of cost is cache in agentic coding scenarios (actually 95% in my experience). But not when the model reasons for 200k+ tokens before answering a complex problem.

  • Gemini caching is confusing though:

      $0.15 / million tokens
      $1.00 / 1,000,000 tokens per hour (storage price)
    

    I much prefer the OpenAI/DeepSeek way of pricing caching where you don't have to think about storage price at all - you pay for cached tokens if you reuse the same prefix within a (loosely defined) time period.

  • In our experience, caching is not very reliable with google. We always get random cache misses that don't happen with other providers. We find OpenAI, Anthropic and Fireworks (which we use a lot) all have higher cache hit rates. So it's not only about the costs of cached token but also what kind of cached hit rate you get.

    • In my experience Google is the most flaky in general, which is surprising considering the rock solid history of their search and other products. Just more likely not to respond at all, to give a response out of left field, to handle the same error in 12 different ways randomly (a rainbow of HTTP status codes and error messages), etc etc.

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  • 10% of input pricing is standard especially compared to competition.

    • yah, which means that the input cost is the only value that should be paid attention to at the end + the cache discount (x10). If google would start offering x20 discount it would make it twice as cheap while input and output stayed the same.