Cheapest embedding models
Embedding endpoints ranked by price per million tokens, for RAG indexes and semantic search at scale.
Current leader: Qwen3 Embedding 0p6b (Fireworks AI). Refreshed 2026-10-28 12:57 UTC.
| # | Model | Provider | Input $/1M | Output $/1M | Cached $/1M | Context |
|---|---|---|---|---|---|---|
| 1 | Qwen3 Embedding 0p6b | Fireworks AI | free | free | — | 33K |
| 2 | Qwen3 Embedding 4b | Fireworks AI | free | free | — | 41K |
| 3 | Pplx Embed V1 0.6b | Perplexity | $0.004 | free | — | 33K |
| 4 | Pplx Embed Context V1 0.6b | Perplexity | $0.008 | free | — | 33K |
| 5 | Together AI Embedding Up To 150m | Together AI | $0.008 | free | — | — |
| 6 | Bge Base En V1.5 | Together AI | $0.008 | free | — | 512 |
| 7 | Bge En Icl | Nebius | $0.01 | free | — | 33K |
| 8 | Bge Multilingual Gemma2 | Nebius | $0.01 | free | — | 8K |
| 9 | E5 Mistral 7b Instruct | Nebius | $0.01 | free | — | 33K |
| 10 | Qwen3 Embedding 8B | Nebius | $0.01 | free | — | 41K |
| 11 | Bge M3 | Novita AI | $0.01 | $0.01 | — | 8K |
| 12 | Together AI Embedding 151m To 350m | Together AI | $0.016 | free | — | — |
| 13 | Text Embedding 3 Small | OpenAI | $0.02 | free | — | 8K |
| 14 | Amazon.titan Embed Text V2:0 | Amazon Bedrock | $0.02 | free | — | 8K |
| 15 | Voyage 3 Lite | Voyage AI | $0.02 | free | — | 32K |
| 16 | Voyage 3.5 Lite | Voyage AI | $0.02 | free | — | 32K |
| 17 | Voyage 4 Lite | Voyage AI | $0.02 | free | — | 32K |
| 18 | Databricks Qwen3 Embedding 0 6b | Databricks | $0.02 | free | $0.02 | 33K |
| 19 | Text Embedding 3 Small | Azure OpenAI | $0.022 | free | — | 8K |
| 20 | Pplx Embed V1 4b | Perplexity | $0.03 | free | — | 33K |
| 21 | Pplx Embed Context V1 4b | Perplexity | $0.05 | free | — | 33K |
| 22 | Voyage 3 | Voyage AI | $0.06 | free | — | 32K |
| 23 | Voyage 3.5 | Voyage AI | $0.06 | free | — | 32K |
| 24 | Voyage 4 | Voyage AI | $0.06 | free | — | 32K |
| 25 | Qwen3 Embedding 0.6b | Novita AI | $0.07 | free | — | 33K |
| 26 | Qwen3 Embedding 8b | Novita AI | $0.07 | free | — | 33K |
| 27 | Embed V5.0 Fast | Cohere | $0.08 | free | — | 128K |
| 28 | Embed English Light V3.0 | Cohere | $0.1 | free | — | 512 |
| 29 | Embed English V3.0 | Cohere | $0.1 | free | — | 512 |
| 30 | Embed Multilingual V3.0 | Cohere | $0.1 | free | — | 512 |
| 31 | Mistral Embed 2312 | Mistral AI | $0.1 | — | — | 8K |
| 32 | Mistral Embed | Mistral AI | $0.1 | — | — | 8K |
| 33 | Text Embedding Ada 002 | OpenAI | $0.1 | free | — | 8K |
| 34 | Text Embedding Ada 002 V2 | OpenAI | $0.1 | free | — | 8K |
| 35 | Amazon.titan Embed Text V1 | Amazon Bedrock | $0.1 | free | — | 8K |
| 36 | Amazon.titan Embed G1 Text 02 | Amazon Bedrock | $0.1 | free | — | 8K |
| 37 | Cohere.embed English V3 | Amazon Bedrock | $0.1 | free | — | 512 |
| 38 | Cohere.embed Multilingual V3 | Amazon Bedrock | $0.1 | free | — | 512 |
| 39 | Qwen3 Embedding 8b | Fireworks AI | $0.1 | free | — | 41K |
| 40 | Voyage 2 | Voyage AI | $0.1 | free | — | 4K |
| 41 | Voyage Lite 01 | Voyage AI | $0.1 | free | — | 4K |
| 42 | Voyage Lite 02 Instruct | Voyage AI | $0.1 | free | — | 4K |
| 43 | Databricks Bge Large En | Databricks | $0.1 | free | $0.1 | 512 |
| 44 | Ada | Azure OpenAI | $0.11 | free | — | 8K |
| 45 | Text Embedding Ada 002 | Azure OpenAI | $0.11 | free | — | 8K |
| 46 | Embed V4.0 | Cohere | $0.12 | free | — | 128K |
| 47 | Embed V5.0 Pro | Cohere | $0.12 | free | — | 128K |
| 48 | Cohere.embed V4:0 | Amazon Bedrock | $0.12 | free | — | 128K |
| 49 | Us.cohere.embed V4:0 | Amazon Bedrock | $0.12 | free | — | 128K |
| 50 | Global.cohere.embed V4:0 | Amazon Bedrock | $0.12 | free | — | 128K |
| 51 | Voyage Multilingual 2 | Voyage AI | $0.12 | free | — | 32K |
| 52 | Voyage Code 2 | Voyage AI | $0.12 | free | — | 16K |
| 53 | Voyage Finance 2 | Voyage AI | $0.12 | free | — | 32K |
| 54 | Voyage Large 2 | Voyage AI | $0.12 | free | — | 16K |
| 55 | Voyage Large 2 Instruct | Voyage AI | $0.12 | free | — | 16K |
| 56 | Voyage Law 2 | Voyage AI | $0.12 | free | — | 16K |
| 57 | Voyage Multimodal 3 | Voyage AI | $0.12 | free | — | 32K |
| 58 | Voyage 4 Large | Voyage AI | $0.12 | free | — | 32K |
| 59 | Voyage Code 4 | Voyage AI | $0.12 | free | — | 32K |
| 60 | Voyage Context 4 | Voyage AI | $0.12 | free | — | 120K |
Other use cases
Frequently asked
› Which embedding model is cheapest?
Qwen3 Embedding 0p6b from Fireworks AI currently leads this list, at $0/1M input tokens. Rankings are recomputed from the raw dataset on every refresh, so they track price cuts automatically.
› How are these rankings calculated?
Each use case applies a capability filter (context size, vision, tool calling, cache pricing) and then ranks the surviving models by the blended cost that profile actually pays. See the methodology page for the exact formulas.
› Is the cheapest model always the right choice?
No. Check the capability flags and context window, and benchmark quality on your own data — the cheapest model that fails your evals costs more than the second cheapest that passes them.