Side-by-side comparison of pricing, 12 benchmarks, and generation speed.
| Metric | gpt-oss-120b (low) | Llama 3.1 Instruct 70B |
|---|---|---|
| Input ($/M tokens) | $0.15 | $0.56 |
| Output ($/M tokens) | $0.54 | $0.56 |
Verdict. gpt-oss-120b (low) wins the overall benchmark matchup 2–0 across 2 overlapping categories, but raw benchmark score is only one input to the decision.
Pricing. Both models sit in the budget bracket for output-token pricing. At 1.0× the per-million-token cost, gpt-oss-120b (low) is meaningfully cheaper if your traffic is output-heavy (long completions, document generation, agent loops). gpt-oss-120b (low) makes more sense when output volume is low and absolute reasoning quality justifies the premium.
Strengths. gpt-oss-120b (low) is strongest on Coding Index (21.2), Intelligence Index (10.2). Llama 3.1 Instruct 70B leads on Intelligence Index (6.6).
Speed. On throughput, gpt-oss-120b (low) generates tokens at 240 tok/s versus 70 tok/s — about 71% faster. On time-to-first-token, gpt-oss-120b (low) responds in 810ms vs 1760ms, which matters most for chat-style UIs.
Provider. OpenAI and Meta sell to overlapping but distinct developer audiences: OpenAI tends to ship frontier reasoning models with premium positioning, while Meta often prices more aggressively. Your existing vendor relationships, billing, and SLA preferences may matter as much as the raw numbers above.
Workload cost. Workload scenarios (per million requests at 30M input + 15M output tokens): gpt-oss-120b (low) costs $12.60 ($151/year); Llama 3.1 Instruct 70B costs $25.20 ($302/year). At a smaller 5M-input/2M-output scale (single-developer tool or prototype): gpt-oss-120b (low) ≈ $1.83/run, Llama 3.1 Instruct 70B ≈ $3.92/run. At agent/realtime scale (200M input / 100M output per million requests): gpt-oss-120b (low) ≈ $84/run, Llama 3.1 Instruct 70B ≈ $168/run. gpt-oss-120b (low) becomes more attractive at higher volume — the absolute per-token pricing difference compounds when you ship at scale.
Recommendation. Both models have legitimate use cases — the right answer depends on whether you are optimizing for benchmark ceiling, latency, or unit cost. Start with the cheaper / faster model, evaluate against your specific task, and only switch if the upgrade shows a meaningful lift.
Head-to-head deltas
Data from Artificial Analysis API — 12 benchmarks
gpt-oss-120b (low) is cheaper overall. Its blended price (3:1 input/output ratio) is $0.25/M tokens vs $0.56/M for Llama 3.1 Instruct 70B.
gpt-oss-120b (low) wins 2 out of 12 benchmarks compared to 0 for Llama 3.1 Instruct 70B. See the detailed benchmark chart above for per-category results.
gpt-oss-120b (low) generates tokens faster at 240 tok/s vs 70 tok/s. gpt-oss-120b (low) also has lower time-to-first-token (0.81s vs 1.76s).
Choose based on your priorities: gpt-oss-120b (low) for lower cost, gpt-oss-120b (low) for stronger benchmark performance, and gpt-oss-120b (low) for faster generation. For latency-sensitive apps, check the TTFT comparison above.