# Cheapest Embedding API Models

As of October 21, 2026, the cheapest of LiteLLM's active paid embedding models is PPLX Embed V1 0.6B, at $0.004 per 1M tokens (input), from Perplexity.

- Page: https://models.litellm.ai/rankings/cheapest-embedding-models
- How it's sorted: Sorted by input price at each model's headline price. Active embedding models only; free models are left out.

| # | Model | Lab | Price per 1M input tokens | Price per 1M (in / out) | Context | Providers |
|---|---|---|---|---|---|---|
| 1 | [PPLX Embed V1 0.6B](https://models.litellm.ai/models/pplx-embed-v1-0.6b) | – | $0.004 | $0.004 / – | 32K | 1 |
| 2 | [Text Embedding Preview](https://models.litellm.ai/models/text-embedding-preview) | – | $0.00625 | $0.00625 / – | 3K | 1 |
| 3 | [BGE Base En V1.5](https://models.litellm.ai/models/bge-base-en-v1.5) | – | $0.008 | $0.008 / – | 512 | 1 |
| 4 | [GTE Base](https://models.litellm.ai/models/gte-base) | – | $0.008 | $0.008 / – | 512 | 1 |
| 5 | [Nomic Embed Text V1](https://models.litellm.ai/models/nomic-embed-text-v1) | – | $0.008 | $0.008 / – | 8K | 1 |
| 6 | [Nomic Embed Text V1.5](https://models.litellm.ai/models/nomic-embed-text-v1.5) | – | $0.008 | $0.008 / – | 8K | 1 |
| 7 | [PPLX Embed Context V1 0.6B](https://models.litellm.ai/models/pplx-embed-context-v1-0.6b) | – | $0.008 | $0.008 / – | 32K | 1 |
| 8 | [BGE En Icl](https://models.litellm.ai/models/bge-en-icl) | – | $0.01 | $0.01 / – | 32K | 1 |
| 9 | [BGE M3](https://models.litellm.ai/models/bge-m3) | – | $0.01 | $0.01 / – | 8K | 2 |
| 10 | [BGE Multilingual Gemma2](https://models.litellm.ai/models/bge-multilingual-gemma2) | – | $0.01 | $0.01 / – | 8K | 2 |
| 11 | [E5 Mistral 7B Instruct](https://models.litellm.ai/models/e5-mistral-7b-instruct) | – | $0.01 | $0.01 / – | 32K | 1 |
| 12 | [Qwen3 Embedding 8B](https://models.litellm.ai/models/qwen3-embedding-8b) | Alibaba | $0.01 | $0.01 / – | 40K | 5 |
| 13 | [GTE Large](https://models.litellm.ai/models/gte-large) | – | $0.016 | $0.016 / – | 512 | 1 |
| 14 | [Uae Large V1](https://models.litellm.ai/models/uae-large-v1) | – | $0.016 | $0.016 / – | 512 | 1 |
| 15 | [Nomic Embed Text](https://models.litellm.ai/models/nomic-embed-text) | – | $0.02 | $0.02 / – | 8K | 1 |
| 16 | [Text Embedding 3 Small](https://models.litellm.ai/models/text-embedding-3-small) | OpenAI | $0.02 | $0.02 / – | 8K | 4 |
| 17 | [Titan Embed Text V2](https://models.litellm.ai/models/titan-embed-text-v2) | Amazon | $0.02 | $0.02 / – | 8K | 2 |
| 18 | [Voyage 3 Lite](https://models.litellm.ai/models/voyage-3-lite) | Voyage AI | $0.02 | $0.02 / – | 32K | 1 |
| 19 | [Voyage 3.5 Lite](https://models.litellm.ai/models/voyage-3.5-lite) | Voyage AI | $0.02 | $0.02 / – | 32K | 1 |
| 20 | [Voyage 4 Lite](https://models.litellm.ai/models/voyage-4-lite) | Voyage AI | $0.02 | $0.02 / – | 32K | 1 |