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What AI costs

Price history

How every price the Index tracks has moved since Sep 10, 2026: GPU cloud hours, frontier and open model APIs, and colocation by market. Each market is shown two ways: the median price a buyer sees, and a same-item price index that moves only when a seller changes a price.

42days of daily prices since Sep 10, 2026
812prices tracked, each with its own dated record
266price changes recorded, each with its source
Oct 21, 2026last checked, 56 minutes ago
Every market, one scale

Which AI prices are moving

Each line is a price index: 100 on the first day the Index priced that market, then moved only by sellers changing the price of something already tracked. A new model or a new offer joining the set never moves it.

Price index by market

First day = 100. Above 100, the same things cost more than they did; below 100, less.

MarketSinceMedian thenMedian nowIndex7 days30 daysAll time
GPU cloud
117 prices, per GPU-hour
Sep 10, 2026$6.23$6.00 104.3 +0.2%+3.6%+4.3%
Frontier models
270 prices, output per million tokens
Sep 10, 2026$9.50$3.50 100.0 0%0%0%
Open models
276 prices, output per million tokens
Sep 10, 2026$0.88$0.95 99.6 −0.6%−0.3%−0.4%
Colocation
16 prices, AI factory, all-in per kW-month
Oct 10, 2026$277.03$277.03 100.0 0%0%0%
Landlord lease
29 prices, per kW-month
Sep 10, 2026$155.60$155.60 100.0 0%0%0%
Wholesale contract
5 prices, per GPU-hour
Sep 10, 2026$3.96$3.96 100.0 0%0%0%

Median then and median now can move while the index stays flat: that is the mix changing (a cheaper model launched, a pricier offer added), not anyone repricing.

GPU cloud

GPU prices by the hour, over time

117 published list prices per GPU-hour. Index +4.3% since Sep 10, 2026, +3.6% over the last 30 days. Spot and committed rates are left out so a discount ending does not read as a price rise.

Median list price per GPU-hour, by accelerator

GPUPricesMedian thenMedian now30 daysAll timeMedian, daily
NVIDIA H10038 $4.04$4.17 +2.8%+3%
NVIDIA H20022 $4.55$5.33 +4.8%+6.1%
NVIDIA B20020 $7.15$8.02 +3.7%+4.8%
NVIDIA GB200 NVL727 $10.58$10.58 0%0%
NVIDIA B30013 $8.07$9.99 +7.4%+8.8%
NVIDIA GB300 NVL724 $13.31$14.59 +11%+13.8%
AMD Instinct MI300X6 $3.45$3.65 0%0%
AMD Instinct MI325X2 $2.90$2.90 0%0%
AMD Instinct MI355X2 $5.60$5.60 0%0%

All time is the same-item index for that GPU, so it can differ from the move in the median when providers add or drop offers.

Biggest moves since tracking began

SellerItemWasNowChangeSource
VerdaH200
1x H200 SXM5 141GB
$4.00$5.33+33.2% Source
VerdaH200
Instant clusters, H200 SXM5 141GB
$4.00$5.33+33.2% Source
VerdaH200
Serverless containers, 1x H200 SXM5 141GB
$4.40$5.86+33.2% Source
VerdaGB300
1x GB300 SXM6 288GB
$8.62$11.17+29.6% Source
VerdaGB300
Instant Clusters, GB300
$8.62$11.17+29.6% Source
VerdaB300
Serverless containers, B300
$8.25$10.69+29.6% Source
VerdaB300
1x B300 SXM6 268GB
$7.50$9.71+29.5% Source
VerdaB300
Instant clusters, B300 SXM6 268GB
$7.50$9.71+29.5% Source
Frontier models

Frontier model API prices, over time

270 model prices per million tokens. Output index 0% since Sep 10, 2026; median output price $9.50 then, $3.50 now. New models launch cheaper than the ones they replace, which pulls the median down without any listed model changing price.

Same-item price index

Output and input, first day = 100.

Median price per million tokens

Across every model tracked that day; moves with the mix.

No model in this market has changed its listed output price since Sep 10, 2026. Every change the Index has recorded.

Open models

Open model prices by host, over time

276 model prices per million tokens across every host the Index reads. Output index −0.4% since Sep 10, 2026; median output price $0.88 then, $0.95 now.

Same-item price index

Output and input, first day = 100.

Median price per million tokens

Across every model tracked that day; moves with the mix.

Biggest moves since tracking began

SellerItemWasNowChangeSource
FireworksDeepSeek V4.1 Flash $0.66$1.20+81.8% Source
BasetenBeam-1.0-501B-A23B $4.30$1.20−72.1% Source
DeepInfraQwen3.8-27B $3.00$2.50−16.7% Source
DeepInfraHy3 $0.58$0.53−8.6% Source
DeepInfragemma-4-31B-it $0.38$0.40+5.3% Source
Colocation

Colocation and power prices, over time

16 markets, each priced every day from the same data as colocation pricing by market: rent, cooling, delivered power built from the utility's filed tariff, and add-ons. Tracked since Oct 10, 2026. When a tariff is re-read, the change publishes once a second check sees it, and lands in price changes with the filing.

All-in price per kW of IT per month, by market

Year 1, landlord-delivered cooling. Rent, power and add-ons stacked.

Markets marked * use a neighboring market's rents.

All-in price over time

12 days so far; the line fills in as tariffs and rents are re-read.

Delivered power against the state and U.S. average

Lines are EIA monthly averages from Form 861M, 2010 to Jul 2026, preliminary from 2025: every customer in the state, not a 25 MW load. The copper point is the SAVRN tariff stack for that market.

MarketPower priced fromTariff stack, per kWhEIA state industrial, Jul 2026State vs U.S.High-densityAI factory
U.S. average All U.S. utilities 9.03¢9.77¢ $271$275
West Texas AI campus (Abilene / Midland) * AEP Texas (Abilene) plus ERCOT West supply 5.54¢7.07¢−27.6% $226$231
Dallas-Fort Worth Oncor delivery plus ERCOT North supply 5.09¢7.07¢−27.6% $227$234
Columbus, OH AEP Ohio delivery plus wholesale supply 7.98¢10.95¢+12.1% $235$238
Charlotte, NC * Duke Energy Carolinas 7.09¢8.37¢−14.3% $241$246
North Dakota (Ellendale) * Montana-Dakota Utilities 8.18¢8.21¢−16% $248$252
Chicago ComEd delivery plus hourly wholesale supply 7.50¢11.87¢+21.5% $257$263
Atlanta Georgia Power 9.46¢10.03¢+2.7% $264$267
Los Angeles / SoCal Southern California Edison 13.09¢25.11¢+157% $280$279
Reno, NV NV Energy North (Sierra Pacific Power) 7.82¢10.04¢+2.8% $274$280
Portland / Hillsboro Portland General Electric 11.53¢8.92¢−8.7% $280$282
Salt Lake City Rocky Mountain Power 6.84¢9.10¢−6.9% $278$287
Northern Virginia Dominion Energy Virginia 9.95¢10.07¢+3.1% $291$296
Phoenix Arizona Public Service 8.36¢9.35¢−4.3% $296$304
Imperial Valley, CA * Imperial Irrigation District 14.36¢25.11¢+157% $307$305
Silicon Valley Silicon Valley Power (Santa Clara) 15.93¢25.11¢+157% $380$384

The U.S. industrial average was 6.50¢ per kWh in January 2010 and 9.77¢ in Jul 2026 (+50.3%). Source: U.S. Energy Information Administration, Form EIA-861M.

Method

How the history is built

Every price, every day

price(day) = last trusted read

The tracker reads each source several times a day and keeps every read. A price counts from the day it was confirmed. A changed price on a provider's page publishes only when a second check sees it again; a move over 20% waits for a person.

Median

median(all prices that day)

The middle price across everything tracked in a market that day. It is what a buyer scanning the market sees, so it moves when the mix moves.

Same-item index

It = It-1 × geomean(pt / pt-1)

Only items priced on both days count, so launches and withdrawals never move it. 100 on the first day. This is the Jevons index statistical agencies use for elementary price indexes.

Method breaks

When how a market is priced changes, the day is marked on its charts and the earlier points are left as they were published.

  • 2026-09-11, Live price checks begin. Before this day every price is SAVRN's September 10 research capture; from it, the tracker re-reads every source several times a day.
  • 2026-10-10, Colocation method v1. Delivered power rebuilt from each utility's filed tariff for a 25 MW load at 85% load factor, replacing a flat market power rate. High-density = 50 kW x 20 racks; AI factory = 250 kW x 40 racks.
The SAVRN reference set

Seven references, one system

Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.

Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding.
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