GPT 4.5 Preview vs GPT-4o

API pricing, context window and capabilities for GPT 4.5 Preview and GPT-4o, side by side. Prices are the cheapest listed serving route per 1M tokens, from LiteLLM and OpenRouter.

Verdict

computed from the published numbers

GPT 4.5 Preview wins on intelligence. GPT-4o wins on price and on context window. Benchmark data is unavailable for one or both models.

Price
GPT-4o
Terminal-Bench
Not called
Intelligence
GPT 4.5 Preview
Context window
GPT-4o

Key takeaways

who wins on what, from the published numbers

GPT 4.5 Preview wins

No clear edge on the tracked metrics.

GPT-4o wins

  • Cheaper input ($75.00 vs $2.50 /1M)
  • Cheaper output ($150.00 vs $10.00 /1M)
  • Larger context window (128K vs 131K)
  • More serving providers (1 vs 6)
  • Supports audio
Cheaper overall
GPT-4o
$2.50 + $10.00 /1M
Larger context
GPT-4o
131K
More providers
GPT-4o
6 providers

Pricing & specs

cheapest listed route · per 1M tokens
On-demand listed rates, OpenRouter routed quotes and Vercel reseller quotes. Enterprise commitments can be materially lower.
GPT 4.5 PreviewGPT-4o
Input $/1M$75.00via Azure $2.50via OpenAI best
Output $/1M$150.00via Azure $10.00via OpenAI best
Context window128K 131K best
Max output16K 16K
Serving providers1 6 best
DateFirst listed Feb 2025 Released May 13, 2024

Benchmarks

Benchmark scores, side by side
GPT 4.5 PreviewGPT-4o
Intelligence9.6 best8.4
GPQA DiamondNot available 54%
Output speedNot available 150 t/s
Latency (TTFT)Not available 0.79s

Cost calculator

choose a serving route for each side
Input tokens / month
Output tokens / month
GPT 4.5 Preview
via Azure
$525
GPT-4o
via Gmi
$23

Capabilities

feature support, side by side
FeatureGPT 4.5 PreviewGPT-4o
Vision✓✓
Tool use✓✓
Reasoning——
Audio—✓
Prompt caching✓✓
Structured output✓✓
Web search——

Related comparisons

Frequently asked questions

Which is cheaper, GPT 4.5 Preview or GPT-4o?
GPT-4o is cheaper for input ($75.00 vs $2.50 per 1M tokens) from OpenAI. GPT-4o is cheaper for output ($150.00 vs $10.00 per 1M tokens) from OpenAI.
What is the context window difference between GPT 4.5 Preview and GPT-4o?
GPT 4.5 Preview has a 128K-token context window and GPT-4o has 131K tokens, so GPT-4o can take a larger prompt.
How do GPT 4.5 Preview and GPT-4o compare on benchmarks?
On the tracked benchmarks, GPT 4.5 Preview leads on intelligence.
Listed prices from LiteLLM, OpenRouter and Vercel · last checked Oct 14, 2026

Every weekday

AI moves fast. Here's your debrief.

News, analysis, tools, and more.

For people who build with AI