Can I run Llama 3.1 70B or Meta Llama3 2 1b Instruct V1 0 cheaper on another provider?

Some models are available on inference providers like Together AI, Groq, and Fireworks AI at lower prices. Check each model's pricing page for the full provider comparison.

What is the context window difference between Llama 3.1 70B and Meta Llama3 2 1b Instruct V1 0?

Meta Llama3 2 1b Instruct V1 0 has a larger context window at 128K tokens vs 128K. This matters for long documents, large codebases, and extended conversation histories.

Compare

Llama 3.1 70B vs Meta Llama3 2 1b Instruct V1 0

Pricing is only the shared seller matrix below. Best rates and catalog map are separate sections, so no chart is embedded in pricing. Open the calculator for the same workload on each side.

MetaLlama 3.1

Model

Llama 3.1 70B

Tool calling

Best $0.400 in · $0.400 out

Context window 128K

Pricing

Meta Llama3 2 1b Instruct V1 0

Tool calling

Best $0.130 in · $0.130 out

Context window 128K

Pricing

Meta Llama3 2 1b Instruct V1 0 is cheaper across the board — 67% cheaper on input and 67% cheaper on output.

Estimate cost

Pricing matrix

Shared sellers only. Each row is a host that lists both models. Dollar amounts are per 1M tokens. Lowest in each pair of columns is emphasized.

Provider	Llama 3.1 70B in	Llama 3.1 70B out	Meta Llama3 2 1b Instruct V1 0 in	Meta Llama3 2 1b Instruct V1 0 out
Aws Bedrock	N/A	N/A	$0.130	$0.130
DeepInfra	$0.520	$0.750	N/A	N/A
Fireworks AI	$0.900	$0.900	N/A	N/A
Groq	$0.590	$0.790	N/A	N/A
Openrouter	$0.400	$0.400	N/A	N/A
Perplexity	$1.00	$1.00	N/A	N/A
Together AI	$0.880	$0.880	N/A	N/A
Vercel Ai Gateway	$0.720	$0.720	N/A	N/A

Best listed rates (this pair)

Same "best row in current pricing" logic as model pages: a compact view of the lowest input and output we show for each side. This is not the seller matrix.

Catalog map · Meta

Each chart uses real catalog rows that include both list input and list output ($/1M). Larger green dots are the models on this comparison page; accent dots are other active models from that provider.

Meta · input vs output

Scatter chart: X = input $/M, Y = output $/M. This page's models are labeled on the green dots; hover others for detail.

ListedoutputUSD/1M

One dot per catalog row that has both list prices. Green dots are labeled with the models on this page; hover any dot for name and prices. Upper-right means higher cost on both axes ($/1M).

Specifications

Each column header is the full model name. Tint marks the favorable value where we compute a winner.

Spec

Llama 3.1 70B

Meta Llama3 2 1b Instruct V1 0

Context window: 128,000 tokens; 128,000 tokens
Max output tokens: 4,096 tokens; 4,096 tokens
Vision: No; No
Function calling: Yes; Yes
Streaming: Yes; No
Release date: Jul 2024; N/A

Cost calculator

Same requests, input tokens, and output tokens for both columns. Pick the provider row that matches how you buy.

Llama 3.1 70B

Meta Llama3 2 1b Instruct V1 0

Requests / day

Input tokens

Output tokens

Llama 3.1 70B

Monthly

$324

Annual

$3.9K

Meta Llama3 2 1b Instruct V1 0

Monthly

$59

Annual

$712

Save $266/month with Meta Llama3 2 1b Instruct V1 0

When to pick which

Short takeaways: no cards, just the points. Validate with your own workloads.

High-volume text generation
Use Meta Llama3 2 1b Instruct V1 0. Output tokens are 67% cheaper, which compounds significantly at scale.

Frequently asked questions

Meta Llama3 2 1b Instruct V1 0 is cheaper on both input and output tokens.

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