Microsoft · open-weight · Released 2023-08-27

Phi-3.5 Chat: pricing, context window and benchmarks

Phi-3.5 Chat is a open-weight model from Microsoft. It offers a 16,384-token context window, costs $2.64 per million input tokens and $12.13 per million output tokens, and averages 69.0 across the index's benchmark suite.

visionopen weightsmultimodal
Input price
$2.64
per 1M tokens
Output price
$12.13
per 1M tokens
Context
16,384
tokens
Avg score
69.0
rank #373 of 600
Arena Elo
1338.0
modelled
Max output
16,384
tokens

Pricing

Phi-3.5 Chat costs $2.64 per million input tokens and $12.13 per million output tokens. A blended 3:1 input-to-output mix works out to about $5.01 per million tokens. Cached input is listed at $0.31 per million tokens.

ItemPriceNotes
Input$2.64per 1M tokens
Output$12.13per 1M tokens
Cached input$0.31per 1M tokens
Blended 3:1$5.01estimate per 1M tokens
1M in + 1M out$14.77estimate

Benchmarks

Scores below are modelled estimates on a 0–100 scale. Use them to compare relative position, not as official vendor results.

BenchmarkScoreRankPercentileRelative
MMLU-Pro 74.4 345 43th
GPQA Diamond 64.9 362 40th
SWE-bench Verified 56.6 372 38th
HumanEval 71.0 389 35th
MATH-500 69.0 388 35th
AIME 2025 64.6 346 42th
LiveCodeBench 62.6 340 43th
IFEval 79.2 352 41th
TruthfulQA 72.4 377 37th
HellaSwag 80.9 373 38th
MMMU 63.7 393 35th
Arena Elo 1338.0 380 37th

What Phi-3.5 Chat is good for

Phi-3.5 Chat is an open-weight model, so it can be self-hosted or run through a third-party inference provider. That matters for data residency, fine-tuning and long-run cost control. At $2.64 per million input tokens (hosted list price) and a 16,384-token context window, it is a practical option for teams that want more control than a closed API allows.

Strengths

  • Input price of $2.64 per million tokens is at or below the index median.
  • Open weights make self-hosting, fine-tuning and data-residency review possible.
  • Accepts more than text, including image input where the provider supports it.

Trade-offs

  • Context window of 16,384 tokens is small for long-document work.
  • Average benchmark score is below the index median; test it on your own task.

How it compares

ModelProviderContextInput / 1MAvg score
Gemini 2.5 Pro Nano Google DeepMind 32768 $7.28 69.2
DBRX Base Databricks 32768 $2.63 69.1
Firesearch Reasoning Fireworks AI 32768 $7.74 69.0
Phi-3.5 Chat Microsoft 16384 $2.64 69.0
Claude 3.7 Sonnet Nano Anthropic 65536 $6.93 68.9
Arctic Snowflake 8192 $2.72 68.8

Browse all comparisons →

FAQ

How much does Phi-3.5 Chat cost?

Phi-3.5 Chat is listed at $2.64 per million input tokens and $12.13 per million output tokens. Cached input is $0.31 per million tokens. A blended 3:1 input-to-output mix is about $5.01 per million tokens.

What is the context window of Phi-3.5 Chat?

Phi-3.5 Chat has a context window of 16,384 tokens and can emit up to 16,384 output tokens per request in this index.

Is Phi-3.5 Chat open weights?

Yes. Phi-3.5 Chat is listed as an open-weight model under a open weights licence.

How does Phi-3.5 Chat score on benchmarks?

Phi-3.5 Chat averages 69.0 across the scored benchmarks in this index, ranking #373 of 600 models. Its strongest relative result is Arena Elo at 1338.0.

What is Phi-3.5 Chat best for?

Phi-3.5 Chat is an open-weight model, so it can be self-hosted or run through a third-party inference provider. That matters for data residency, fine-tuning and long-run cost control. At $2.64 per million input tokens (hosted list price) and a 16,384-token context window, it is a practical option for teams that want more control than a closed API allows.

Related