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Last verified April 2026

ChatGPT Pricing Timeline: From Free Launch to 6 Plans

In just over three years, ChatGPT has evolved from a single free product to a six-tier platform with consumer subscriptions, team plans, enterprise deals, and a comprehensive API. Meanwhile, API costs have plummeted by over 90%. This timeline traces every significant pricing event from the November 2022 launch through today.

3+ years

Plus has been $20/mo since Feb 2023

97%

API output cost drop (GPT-4 to GPT-5-mini)

6 plans

From 1 free product to 6 distinct tiers

Complete Timeline

Nov 2022

ChatGPT launches

OpenAI releases ChatGPT as a free research preview using GPT-3.5. It reaches 1 million users in 5 days and 100 million in 2 months, becoming the fastest-growing consumer application in history. No paid option exists at launch.

Feb 2023

ChatGPT Plus launches at $20/mo

The first paid tier arrives at $20 per month, offering priority access during peak times, faster response speeds, and first access to new features. At launch, it provides GPT-4 access while free users remain on GPT-3.5. This price has never changed.

Mar 2023

GPT-4 API launches

GPT-4 API launches at $30 per million input tokens and $60 per million output tokens. These prices seem astronomical compared to current rates but represented the state of the art at the time. Only select developers get initial access.

Jul 2023

GPT-4 API price cut (25%)

OpenAI reduces GPT-4 API pricing by approximately 25% as inference costs decrease. This begins a pattern of consistent API price reductions that continues through 2026.

Nov 2023

GPT-4 Turbo launches

GPT-4 Turbo launches with a 128K context window at $10 per million input tokens and $30 per million output, roughly 3x cheaper than the original GPT-4 API. Custom GPTs launch for Plus subscribers.

Jan 2024

Team plan launches at $25/user/mo

OpenAI launches ChatGPT Team for businesses at $25 per user per month on annual billing, $30 on monthly. Minimum 2 users. Includes admin console, higher message limits, and data privacy protections.

May 2024

GPT-4o launches (50% cheaper)

GPT-4o is released at $5 per million input tokens and $15 per million output - 50% cheaper than GPT-4 Turbo with improved performance. GPT-4o-mini follows at $0.15 per million input, making AI accessible at unprecedented low costs.

Sep 2024

O1 reasoning models launch

OpenAI launches the O1 model family (O1, O1-mini, O1-preview), introducing a new category of reasoning models that think before responding. O1 is priced at $15 per million input and $60 per million output.

Dec 2024

ChatGPT Pro launches at $200/mo

The premium Pro tier arrives at $200 per month, offering unlimited access to the most capable models and 250 Deep Research runs per month. It targets researchers, analysts, and power users who need maximum capability.

Jan 2025

O3-mini releases

O3-mini launches as a more affordable reasoning model, bringing reasoning capabilities to a wider audience of developers at significantly lower costs than the full O3 model.

May 2025

Student promotion ends

The limited-time promotion offering free ChatGPT Plus to US and Canadian college students expires. OpenAI does not announce a replacement program, directing students to the free tier or upcoming Go plan.

Aug 2025

Team renamed to Business

ChatGPT Team is rebranded as ChatGPT Business with the same $25 per user per month pricing. The rebrand comes with 60+ app integrations (Slack, Google Drive, SharePoint, GitHub) and enhanced admin controls.

Jan 2026

ChatGPT Go launches at $8/mo

The new budget tier launches globally at $8 per month, offering unlimited GPT-5.2 Instant access, 10x file upload limits, and extended memory. Go fills the gap between Free and Plus, targeting budget-conscious users and international markets.

Feb 2026

Ads introduced on Free and Go

OpenAI introduces contextual advertisements on the Free and Go tiers in the United States. This represents a significant monetisation shift, creating a new revenue stream beyond subscriptions and API fees. Plus and Pro remain ad-free.

Mar 2026

GPT-5.4 launches

GPT-5.4, the latest iteration in the GPT-5 model family, is released. The GPT-5.4 Pro variant is exclusive to Pro subscribers. API pricing for GPT-5 remains at $1.25 per million input and $10 per million output, representing a major cost reduction from earlier model generations.

Plan changes API / Model changes Launches

What the Trends Tell Us

Consumer Prices: Remarkably Stable

ChatGPT Plus has been $20/month for over three years without a single price increase. Instead of raising prices, OpenAI has added value by expanding the feature set (Deep Research, image gen, Agent Mode, Sora). The Business plan has similarly stayed at $25/user/month since the Team launch. This stability suggests OpenAI views these price points as strategically correct for market positioning, especially given competition from Claude at $20 and Gemini at $19.99.

API Prices: Rapid Deflation

API pricing has followed a steep deflationary curve. GPT-4 output tokens cost $60/1M at launch in March 2023. The equivalent GPT-5-mini output costs $2/1M in 2026, a 97% reduction. Even comparing flagship-to-flagship, GPT-5 at $10/1M output is an 83% reduction from GPT-4. This trend benefits developers enormously and is driven by hardware efficiency gains, model distillation, and competitive pressure from Google and Anthropic.

Tier Expansion: More Options

OpenAI has consistently expanded its product line rather than adjusting prices. From a single free product in 2022 to six tiers in 2026 (Free, Go, Plus, Pro, Business, Enterprise), each launch has addressed a specific market gap. Go addresses budget users, Pro addresses power users, and Business addresses team governance needs. This segmentation strategy is likely to continue with potential additions like student-specific tiers or usage-based plans.

Predictions for 2026-2027

Based on current trends, API prices will likely continue falling as GPT-5 derivatives become more efficient. Consumer subscription prices are expected to remain stable at current levels. OpenAI may introduce a permanent student discount or seasonal promotions. The ad-supported model on Free and Go could expand to more markets. A new tier between Plus and Pro (perhaps at $50-100/month) is plausible given the large gap between them. Enterprise pricing may face downward pressure from Claude and Gemini enterprise offerings.