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Benchmark Cost Analysis

I Made 500 API Calls to GPT-5 and Claude Opus: Here's the Real Cost

Everyone talks about pricing, but nobody shows the actual numbers. I ran 500 identical prompts through both models and tracked every cent. The results surprised me.

C

CaelLee

June 18, 2025 · 8 min read

TL;DR

The Setup

I didn't want to write another "X vs Y" article based on vibes. So I designed a proper benchmark: 500 API calls, split across 5 categories, with identical prompts sent to both models.

Test Categories

Category Prompts Avg Input Tokens Avg Output Tokens
Code Generation1008001,200
Code Review1002,500800
Debugging1001,500600
Documentation1005002,000
Complex Reasoning1003,0001,500

All calls were made through a third-party API provider to get real-world pricing that most developers actually pay. I used the same provider for both models to keep the comparison fair.

The Results: Raw Numbers

Here's what I actually spent across all 500 calls:

Metric GPT-5 Claude Opus Winner
Total Cost (500 calls) $47.30 $33.10 Claude Opus
Avg Cost per Call $0.095 $0.066 Claude Opus
Code Generation (100 calls) $12.40 $8.20 Claude Opus
Code Review (100 calls) $7.80 $8.50 GPT-5
Debugging (100 calls) $8.90 $5.40 Claude Opus
Documentation (100 calls) $9.20 $5.80 Claude Opus
Complex Reasoning (100 calls) $9.00 $5.20 Claude Opus
Avg Latency 2.1s 3.4s GPT-5

What Surprised Me

I went into this expecting GPT-5 to be more expensive across the board. It wasn't that simple.

GPT-5 Wins on Short Outputs

For code review tasks — where the input is large but the output is relatively short — GPT-5 was actually cheaper. Its input pricing is competitive, and when you're not generating thousands of output tokens, the difference narrows.

Claude Opus Dominates Long Outputs

The moment output tokens exceed ~1,000, Claude Opus becomes significantly cheaper. Documentation and complex reasoning tasks, which require lengthy responses, showed the biggest gap — sometimes 40-50% cheaper.

Latency Tells a Different Story

GPT-5 was consistently faster. Average response time was 2.1 seconds vs Claude Opus's 3.4 seconds. For interactive coding tools like Cursor or Claude Code, this matters. A 1.3-second difference per call adds up over a full day of coding.

The Third-Party Provider Advantage

For context, here's what the same 500 calls would have cost through official APIs:

Provider GPT-5 Cost Claude Opus Cost Total
Official APIs $78.50 $55.00 $133.50
Third-Party Provider $47.30 $33.10 $80.40
Savings 40% 40% $53.10 saved

That's a 40% savings across the board. For a developer making thousands of API calls per month, this adds up to hundreds of dollars.

My Recommendation

After two weeks of testing, here's what I'd actually do:

What I'd Do Differently

If I were running this benchmark again, I'd add:

  1. Quality scoring. Cost isn't everything — I should have rated output quality on a 1-5 scale.
  2. More providers. I only tested one third-party provider. Different providers have different pricing structures.
  3. Streaming vs non-streaming. Streaming responses might change the cost calculation for some providers.
C

CaelLee

Full-stack developer with 8+ years of experience. Currently researching AI-powered developer tools and API infrastructure.

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