Cheapest Embedding APIs
Text embedding APIs ranked by price per million input tokens. For retrieval and search, the cheapest embedding model is often good enough — dimensions, context length and multilingual support matter more than small price gaps.
Ranking 17 options · updated October 4, 2026
| # | Model | Provider | Per 1M tokens |
|---|---|---|---|
| 1 | BGE-M3 open | DeepInfra | $0.010 |
| 2 | Qwen3 Embedding 0.6B open | DeepInfra | $0.010 |
| 3 | Qwen3 Embedding 8B open | DeepInfra | $0.010 |
| 4 | Qwen3 Embedding 8B open | Nebius | $0.010 |
| 5 | Qwen3 Embedding 0.6B open | Cloudflare Workers AI | $0.012 |
| 6 | BGE-M3 open | Cloudflare Workers AI | $0.012 |
| 7 | text-embedding-3-small | OpenAI | $0.020 |
| 8 | Voyage 4 Lite | Voyage AI | $0.020 |
| 9 | Qwen3 Embedding 4B open | DeepInfra | $0.020 |
| 10 | text-embedding-3-small | AIMLAPI | $0.026 |
| 11 | Voyage 3.5 | Voyage AI | $0.060 |
| 12 | Embed V4 | Cohere | $0.100 |
| 13 | Voyage 4 Large | Voyage AI | $0.120 |
| 14 | Embed V4 | Amazon Bedrock | $0.120 |
| 15 | text-embedding-3-large | OpenAI | $0.130 |
| 16 | text-embedding-3-large | AIMLAPI | $0.169 |
| 17 | Gemini Embedding 2 | $0.200 |