That wording matters because “$5 per 1M tokens” can sound more final than the cited evidence supports.
There are three separate things that often get collapsed into one answer.
First, there is official GPT-5.5 material from OpenAI. OpenAI has a GPT-5.5 System Card, and OpenAI’s homepage includes a “Learn more” link tied to GPT-5.5 content . That supports the existence of official GPT-5.5-related material, but a system card is not the same thing as an API price list .
Second, there is OpenAI’s API Pricing page. That is the page developers should prioritize when estimating API costs, especially because it points to pricing details and options for larger workloads such as Data residency, Scale Tier, and Reserved Capacity . In the API Pricing source reviewed here, however, a separate GPT-5.5 price row was not shown .
Third, there are third-party news reports. Economic Times gives the specific figure: GPT-5.5 API pricing starts at $5 per 1 million tokens . The Decoder also describes GPT-5.5 as coming at “double the API price” in its headline, but that remains press coverage rather than a substitute for OpenAI’s own pricing page .
If you are using the API, costs are normally usage-based. A pricing guide describes the ChatGPT API as pay-per-use: each API call consumes input tokens from the prompt and output tokens from the model’s response, and each is billed according to the model’s token rate . In practice, long prompts, long responses, and multi-step workflows can change the bill much more than a quick test prompt suggests.
If you are using ChatGPT, the pricing conversation is different. OpenAI’s ChatGPT Plans page lists Free, Go, Plus, Pro, Business, and Enterprise plans . OpenAI also has a separate pricing page for Business and Enterprise . So the reported $5 per 1 million tokens should not be mechanically converted into the price of ChatGPT Plus, Pro, Business, or Enterprise.
If you only need a back-of-the-envelope API estimate, the reported $5 per 1 million tokens figure gives this simple linear sketch :
| Assumed token volume | Calculation at $5 per 1M tokens | Rough cost |
|---|---|---|
| 1 million tokens | 1 × $5 | $5 |
| 10 million tokens | 10 × $5 | $50 |
| 100 million tokens | 100 × $5 | $500 |
This table is only a rough scale estimate. It does not replace OpenAI’s pricing page, and it does not capture any possible split between input tokens, output tokens, cached tokens, or other model-specific pricing terms .
OpenAI lists GPT-5 pricing as $1.25 per 1 million input tokens and $10.00 per 1 million output tokens on its GPT-5 page . But GPT-5 and GPT-5.5 are not the same model. For GPT-5.5 budgeting, GPT-5 pricing is useful only as an example of how OpenAI may present input and output token pricing, not as proof that GPT-5.5 is cheaper, more expensive, or priced the same way .
The best evidence-based answer is: GPT-5.5 API pricing has been reported as starting at $5 per 1 million tokens, but that number should be treated as a reported starting point unless and until it is confirmed against OpenAI’s own API Pricing page . For API projects, budget by token usage and verify the current model pricing. For ChatGPT, compare the relevant plan instead .