Meta

Llama 3.1 Instruct 8B

AI model by Meta. Real-time pricing and benchmark data.

Pricing (per 1M tokens)

Input$0.02
Output$0.05
Blended (3:1)$0.03

Source: Artificial Analysis

Performance

Output Speed138 tok/s
Time to First Token930ms

Median values from Artificial Analysis

Editorial Analysis

Profile. Llama 3.1 Instruct 8B is a budget-tier option from Meta at $0.05/M output tokens. Despite the low price, it scores competitively on Intelligence Index (7.4) and Coding Index (5.4) — making it a candidate for high-volume production workloads where unit cost dominates.

Latency. On latency, Llama 3.1 Instruct 8B reports 138 tok/s output speed and 930ms time-to-first-token. Output speed is in the normal range — most chat and completion applications will be token-bound, not streaming-bound.

Cost model. For a workload of 1M input tokens + 100K output tokens, Llama 3.1 Instruct 8B costs $0.03 per million input-equivalent requests. Multiply by your monthly request volume to project the bill, and compare against the speed/correctness profile above to decide if the trade-off is worth it for your workload.

Editorial summary generated from public pricing and benchmark data (Artificial Analysis API). All numbers are sourced — see the Artificial Analysis methodology for benchmark definitions. Last refreshed 2026-08-24.

Compare with similar models

ModelInputOutputSpeed
Llama 3.1 Instruct 8BCurrent
$0.02$0.05138 tok/s
Gemma 4 E4B (Non-reasoning)
$0.02$0.1056 tok/s
Ministral 3 3B
$0.10$0.10205 tok/s
Granite 4.1 8B
$0.05$0.10117 tok/s
Gemma 4 E4B (Reasoning)
$0.02$0.1054 tok/s
Sarvam 30B (high)
$0.03$0.11

Example Costs

Single Request
<$0.0001
1.0K in / 500 out
1K Requests/day
$0.0450
1.0M in / 500.0K out
10K Requests/day
$0.4500
10.0M in / 5.0M out