Nova Lite vs o1-preview

    Comparison

    As of August 21, 2026, Nova Lite is 100% cheaper per million tokens than o1-preview. Nova Lite is $0.06 / $0.24 per million input/output tokens versus o1-preview at $15.00 / $60.00. Sources: https://anotherwrapper.com/tools/llm-pricing and https://developers.openai.com/api/docs/pricing

    Sources: AnotherWrapper LLM pricing (https://anotherwrapper.com/tools/llm-pricing); OpenAI API pricing (https://developers.openai.com/api/docs/pricing)

    Better value

    Nova Lite

    Amazon

    $0.30blended / 1M

    Input

    $0.06

    Output

    $0.24

    300K ctx|Proprietary
    100%
    cheaper

    o1-preview

    OpenAI

    $75.00blended / 1M

    Input

    $15.00

    Output

    $60.00

    128K ctx|Proprietary
    Save $74.70 per million tokens by choosing Nova Lite over o1-preview.

    Nova Lite vs o1-preview comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    Nova Lite
    o1-preview
    Provider
    Provider
    Amazon
    OpenAI
    License
    Proprietary
    Proprietary
    Release Date
    2024-11-20
    2024-09-12
    Pricing (per 1M tokens)
    Input Price-100%
    $0.06
    $15.00
    Output Price-100%
    $0.24
    $60.00
    Blended (1M + 1M)
    $0.30
    $75.00
    Model Details
    Context Window
    300K
    128K
    Max Output Tokens
    2K
    32.8K
    Knowledge Cutoff
    N/A
    October 2023
    Throughput
    100 tok/s
    66 tok/s
    Benchmarks
    3.6%
    42%
    73.3%
    50.3%
    42.4%
    89.7%
    31.1%
    42%
    66.6%
    80.5%
    90.8%
    56.2%
    85.4%
    73.3%
    85.5%
    92.4%
    82.4%
    86.8%
    43.8%
    92.4%
    80.2%
    71.4%
    73.6%
    80.2%
    94.5%
    52.3%
    40.4%
    90.8%
    60.7%
    19.2%
    80.2%
    77.8%
    Benchmark Wins
    Nova Lite 0|3 o1-preview

    Verdict

    Nova Lite vs o1-preview: the bottom line

    Nova Lite offers significantly lower pricing, while o1-preview leads on benchmark performance. Your choice depends on whether cost efficiency or raw capability matters more for your use case.

    Nova Lite vs o1-preview FAQ

    Which is cheaper, Nova Lite or o1-preview?

    As of August 21, 2026, Nova Lite is 100% cheaper on blended LLM API pricing. Nova Lite costs $0.06 per million input tokens and $0.24 per million output tokens ($0.30 blended 1M-in + 1M-out). o1-preview costs $15.00 / $60.00 per million tokens ($75.00 blended). Sources: https://anotherwrapper.com/tools/llm-pricing and https://developers.openai.com/api/docs/pricing. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does Nova Lite vs o1-preview cost per million tokens?

    Nova Lite Amazon API pricing is $0.06 input and $0.24 output per million tokens via Amazon. o1-preview OpenAI API pricing is $15.00 input and $60.00 output per million tokens via OpenAI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, Nova Lite or o1-preview?

    o1-preview has a published SWE-bench Verified score of 41.3%. Nova Lite does not have that eval on this page yet.

    What is the context window for Nova Lite vs o1-preview?

    Nova Lite supports a 300K token context window, while o1-preview supports 128K tokens. Nova Lite offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, Nova Lite or o1-preview?

    o1-preview leads on 3 of 3 shared benchmarks versus Nova Lite's 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is Nova Lite or o1-preview better for production use?

    Both Nova Lite and o1-preview are production API models. For cost-sensitive production traffic, Nova Lite has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between Nova Lite and o1-preview in my app?

    Yes. Call Nova Lite through Amazon and o1-preview through OpenAI with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this Nova Lite vs o1-preview pricing data?

    List rates are the latest published Amazon API pricing and OpenAI API pricing, quoted per million tokens. Official rate sheets: https://anotherwrapper.com/tools/llm-pricing and https://developers.openai.com/api/docs/pricing. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for Nova Lite and o1-preview?

    Nova Lite supports up to 2K output tokens per request, while o1-preview supports up to 33K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, Nova Lite or o1-preview?

    Nova Lite runs at approximately 100 tokens/second while o1-preview runs at 66 tokens/second. Nova Lite is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this Nova Lite vs o1-preview comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open Nova Lite or o1-preview from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    Nova Lite vs o1-preview pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. Nova Lite costs $0.06/M input and $0.24/M output. o1-preview costs $15.00/M input and $60.00/M output.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

    The index

    All Large Language Models

    280 models across 33 providers. Search or jump to a lab — every model page stays linked here.

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    1 models

    Inception

    1 models

    inclusionAI

    1 models

    LG AI Research

    1 models

    Nous Research

    1 models

    Sakana AI

    1 models

    StepFun

    1 models

    Tencent

    1 models

    Thinking Machines

    1 models

    Unisound

    1 models

    Upstage

    1 models

    Next step

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