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OpenAI: o3 vs OpenAI: GPT-3.5 Turbo (older v0613)

Head-to-head API cost, context, and performance comparison. Synced at 2:31:54 PM.

Executive Summary

When evaluating OpenAI: o3 against OpenAI: GPT-3.5 Turbo (older v0613), the pricing structure is a key differentiator. OpenAI: GPT-3.5 Turbo (older v0613) is approximately 70% more cost-effective per 1 million tokens overall.

However, when looking at raw reasoning capabilities, OpenAI: GPT-3.5 Turbo (older v0613) leads with a statistical ELO score of 1431. For tasks involving complex logic, coding, or instruction-following, developers might prefer OpenAI: GPT-3.5 Turbo (older v0613), provided their budget allows for the API burn rate.

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Raw Technical comparison

Metric
OpenAI: o3
OpenAI: GPT-3.5 Turbo (older v0613)
Performance (ELO)
1431
1431
Input Cost / 1M
$2.00
$1.00
Output Cost / 1M
$8.00
$2.00
Context Window
200,000 tokens
4,095 tokens

Verdict

If you are looking for pure performance and capability, Tie is statistically superior. However, if API burn rate is the primary concern, OpenAI: GPT-3.5 Turbo (older v0613) wins out aggressively in pricing.

People Also Ask

Is OpenAI: o3 cheaper than OpenAI: GPT-3.5 Turbo (older v0613)?

No. OpenAI: GPT-3.5 Turbo (older v0613) is the more cost-effective model, operating at a lower price point per 1 million tokens.

Which model has the larger context window?

The OpenAI: o3 model has the advantage in memory, offering a massive 200,000 token limit for document ingestion.

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