Kimi API pricing: every model, every rate

Kimi built its reputation on very long context windows. Several tiers below include dedicated coding and high-speed variants.

In short: Moonshot bills 11 text models here, from $1.5 to $33.5 per 1M tokens blended (input + output). no Moonshot list price could be verified for any of them, so every figure here is a gateway rate and no discount is claimed. A working workload — 50M input and 10M output tokens per month — costs about $150.00 on kimi-k3. Rates checked 2026-09-16.
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Full rate card

17 billable models in total, 11 of them text models. On those text models: 0 carry a rate verified against the vendor's own published pricing, the rest are gateway rates only. USD per 1M tokens, checked 2026-09-16.

ModelInputOutputOut/InOfficial (in / out)
moonshot-v1-128k$12$121.0×not verified
kimi-k2.7-code-highspeed$6.5$274.2×not verified
moonshot-v1-32k$2.4$2.41.0×not verified
Kimi-K2-Instruct$2$84.0×not verified
Moonshot-Kimi-K2-Instruct$2$84.0×not verified
kimi-k2-0711-preview-search$2$84.0×not verified
kimi-k3$1.5$7.55.0×not verified
moonshot-v1-8k$1.2$1.21.0×not verified
kimi-k2.6$0.475$1.97314.2×not verified
kimi-k2.7-code$0.475$1.97314.2×not verified
kimi-k2$0.3$1.24.0×not verified
kimi-k2-0711-preview$0.3$1.24.0×not verified
kimi-k2-0905$0.3$1.24.0×not verified
kimi-k2-250711$0.3$1.24.0×not verified
kimi-k2-250905$0.3$1.24.0×not verified
kimi-k2-thinking$0.3$1.24.0×not verified
kimi-k2.5$0.3$1.5755.2×not verified

Output is billed at a multiple of input on most models. The Out/In column is that multiple — it matters more than the input price once output dominates your bill.

Across 11 priced text models the blended rate spans $1.5 (kimi-k2) to $33.5 (kimi-k2.7-code-highspeed) per 1M tokens — a 22× spread. Picking the wrong tier is usually the single most expensive mistake here.

What Moonshot costs at three usage levels

Priced on kimi-k3 at $1.5 in / $7.5 out per 1M tokens, with a 5:1 input-to-output ratio — roughly what an interactive workload produces.

Usage levelTokens per month (in / out)Monthly cost
kimi-k3
Light
pilot or side project
5M / 1M$15.00
Working
one product in production
50M / 10M$150.00
Heavy
high-volume pipeline
500M / 100M$1,500.00

This is the model we cover in depth for this vendor. Swap in your own token split in the calculator.

Same budget, other vendors

3 models from other vendors priced within 35% of kimi-k3 on a blended rate — the cheapest, the dearest and one in between. This is the horizontal check a single-vendor pricing page cannot give you.

ModelVendorIn / out per 1Mvs this
claude-sonnet-5Anthropic$1 / $5−33.3%
Meta-Llama-3.1-405B-InstructMeta$3 / $6same
MiniMax-M2.7-highspeedMiniMax$2.1 / $8.4+16.7%

Blended comparison (input + output per 1M tokens). Price is one axis — these are the models worth testing side by side at this budget, not interchangeable substitutes.

Why the output rate decides the bill

Across the 11 priced Moonshot text models, the output rate runs from 4.0× to 5.2× the input rate, with a median of 4.0×. Output tokens are what a chat or agent turn produces — on a typical workload they are the smaller half of the token count but the larger half of the bill.

Worked out: at a 4.0× multiple, a job whose token count is 80% input still spends 50% of its cost on the output it generates. Comparing vendors on the input rate alone hides that.

What Moonshot is good at

Kimi is the usual pick when you need a long context window without frontier-model pricing.

Before you compare: Kimi highspeed variants trade latency for a higher per-token rate.

Detailed pages for Moonshot models

The models we cover in depth, each with worked cost at three usage levels and a comparison against similarly priced alternatives.

Other vendors

Every rate card here is built the same way, from the same price snapshot (2026-09-16), so the numbers are comparable across vendors:

Anthropic · OpenAI · Google · DeepSeek · Alibaba · xAI · Zhipu · Meta · MiniMax · ByteDance

FAQ

How much does Moonshot charge per million tokens?

Across the 11 priced text models in this catalogue, the blended rate (input plus output per 1M tokens) runs from $1.5 on kimi-k2 to $33.5 on kimi-k2.7-code-highspeed, as of 2026-09-16. The spread is what matters: choosing the wrong tier inside one vendor usually costs more than switching vendor.

What is the cheapest Moonshot model for high-volume work?

kimi-k2 is the lowest blended rate here at $0.3 input and $1.2 output per 1M tokens. On a Heavy workload — 500M input and 100M output tokens a month — that bills about $270.00. At the other end, the same workload on kimi-k2.7-code-highspeed costs about $5,950.00.

Is Moonshot cheaper through a gateway than buying direct?

We do not claim a discount on Moonshot. Its list pricing is not published in a stable machine-readable form, so every figure on this page is a gateway rate with no verified official price to compare against. Check the number in your dashboard before committing to a budget.

How does output pricing change a Moonshot bill?

Output is billed at a multiple of input on every model priced here, so the input rate alone never predicts the bill. A workload that is mostly input tokens still lands most of its cost on the output column once that multiple is applied. Price your own in/out split in the calculator rather than extrapolating from the headline input rate.

Kimi has no sub-$1 tier — does that rule it out for bulk work?

It rules out the very cheapest jobs, not bulk work in general. Kimi's floor is higher than most vendors here, but its mid tier is priced in the same band as other capable models, so it competes on the workload you would run on a mid-tier model anyway.

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