Is Gemini 3.7 Flash or DeepSeek V4 Flash cheaper?

DeepSeek V4 Flash is cheaper on all three of the workload shapes tested. On a RAG workload of 12k input and 700 output tokens at 50,000 requests per month with 60% caching, Gemini 3.7 Flash costs $338.25 per month and DeepSeek V4 Flash costs $156.84. Headline rates are $0.75/$3.75 versus $0.44/$1.32 per million input/output tokens.

Gemini 3.7 Flash vs DeepSeek V4 Flash

DeepSeek V4 Flash is the cheaper of the two across every workload shape tested below. Headline rates are $0.75 in / $3.75 out for Gemini 3.7 Flash versus $0.44 in / $1.32 out for DeepSeek V4 Flash, per million tokens.

Real monthly cost, three workloads

Workload	Gemini 3.7 Flash	DeepSeek V4 Flash	Cheaper
Support chatbot 1.5k in / 400 out · 100k req/mo · 30% cached	$232.13	$99.63	DeepSeek V4 Flash (2.3× cheaper)
RAG / doc Q&A 12k in / 700 out · 50k req/mo · 60% cached	$338.25	$156.84	DeepSeek V4 Flash (2.2× cheaper)
Coding agent 25k in / 2.5k out · 20k req/mo · 80% cached	$292.50	$115.60	DeepSeek V4 Flash (2.5× cheaper)

Costs include prompt caching at the stated hit rate and per-model tokenizer correction. Adjust for your own traffic →

Specifications side by side

	Gemini 3.7 Flash	DeepSeek V4 Flash
Provider	Google	DeepSeek
Input / M tokens	$0.75	$0.44
Output / M tokens	$3.75	$1.32
Cached input	$0.075	$0.014
Context window	—	1000K
Batch discount	−50%	—
Tokenizer factor	×1	×1
Min prefix to cache	—	—
Announced retirement	—	—

Which should you pick?

On cost alone, DeepSeek V4 Flash wins every workload shape above.

Full detail: Gemini 3.7 Flash · DeepSeek V4 Flash

All figures verified 2026-08-18 against official provider documentation. Fields a provider does not publish are shown as “—” rather than estimated.