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Llama 3.1 8B Instruct vs Llama 3.2 1B Instruct

Llama 3.2 1B Instruct is the cheaper option on input by 46%; Llama 3.1 8B Instruct is cheaper on output by 60%. Figures below are per million tokens, from vendor pricing cited in our reporting.

 Llama 3.1 8B InstructLlama 3.2 1B Instruct
Input per 1M tokens$0.05$0.03
Output per 1M tokens$0.08$0.20
Cached input per 1M$0.03—
Context window131K tokens60K tokens
Parameters——
Licenceopen weightsopen weights
Benchmark——
VendorMetaMeta
Released——

What the numbers say

Sources

Llama 3.1 8B Instruct specs · Llama 3.2 1B Instruct specs · Full price index