Is GPT-5.6 Luna or Gemini 3.7 Flash cheaper?

GPT-5.6 Luna 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, GPT-5.6 Luna costs $97.20 per month and Gemini 3.7 Flash costs $338.25. Headline rates are $0.2/$1.2 versus $0.75/$3.75 per million input/output tokens.

GPT-5.6 Luna vs Gemini 3.7 Flash

GPT-5.6 Luna is the cheaper of the two across every workload shape tested below. Headline rates are $0.2 in / $1.2 out for GPT-5.6 Luna versus $0.75 in / $3.75 out for Gemini 3.7 Flash, per million tokens.

Real monthly cost, three workloads

Workload	GPT-5.6 Luna	Gemini 3.7 Flash	Cheaper
Support chatbot 1.5k in / 400 out · 100k req/mo · 30% cached	$69.90	$232.13	GPT-5.6 Luna (3.3× cheaper)
RAG / doc Q&A 12k in / 700 out · 50k req/mo · 60% cached	$97.20	$338.25	GPT-5.6 Luna (3.5× cheaper)
Coding agent 25k in / 2.5k out · 20k req/mo · 80% cached	$88.00	$292.50	GPT-5.6 Luna (3.3× cheaper)

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

Specifications side by side

	GPT-5.6 Luna	Gemini 3.7 Flash
Provider	OpenAI	Google
Input / M tokens	$0.2	$0.75
Output / M tokens	$1.2	$3.75
Cached input	$0.02	$0.075
Context window	1050K	—
Batch discount	−50%	−50%
Tokenizer factor	×1	×1
Min prefix to cache	—	—
Announced retirement	—	—

Which should you pick?

On cost alone, GPT-5.6 Luna wins every workload shape above.

Full detail: GPT-5.6 Luna · Gemini 3.7 Flash

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