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Qwen2.5 Coder 32B Instruct API pricing

Qwen2.5-Coder is the latest series of Code-Specific Qwen large language models (formerly known as CodeQwen). Qwen2.5-Coder brings the following improvements upon CodeQwen1.5: - Significantly improvements in **code generation**, **code reasoning**...

Small and cheap (under $1 per 1M)
Input
$0.66
per 1M tokens
Output
$1
per 1M tokens
Cached input
–
per 1M tokens
Context
33K
29K max output

List price from OpenRouter, which passes qwen's price through without markup. Refreshed hourly. Released November 11, 2024. Model id qwen/qwen-2.5-coder-32b-instruct.

What Qwen2.5 Coder 32B Instruct costs in practice

At list price, before any batch or caching discount.

1,000 chat messages

$1.16

1,000 input + 500 output tokens each

1,000 RAG questions

$5.78

8,000 input + 500 output tokens each

100 coding-agent steps

$2.18

30,000 input + 2,000 output tokens each, no caching

Qwen2.5 Coder 32B Instruct price history

No price change since we started tracking on 2026-10-01. We record prices daily; changes will show here.

Qwen2.5 Coder 32B Instruct price by host

One host serves this model through OpenRouter.

Where to buy qwen credits for less

Qwen2.5 Coder 32B Instruct costs the same per token everywhere it's sold through OpenRouter. What changes is the price of the credits. Live quotes for $100 of usage:
#Where you buyYou pay
1
OrbioCardCheapest right now
$85.10
incl. $2.60 card processing
2
smaaartCard
$95.00
+ card processing and tax at checkout (not in this number)
3
Direct from the labCard
$100.00
no top-up fee
4
OpenRouterCrypto
$105.00
fees included
5
OpenRouterCard
$105.50
fees included

Disclosure: this site is run by the team behind smaaart, one of the options compared. Tables are ranked by price only, from live quotes and published fees, including when smaaart isn't first. How we compare

Qwen2.5 Coder 32B Instruct cost calculator

Enter your monthly tokens to price your own usage.
Usage at list price$43.00/ month

Cheaper alternatives to Qwen2.5 Coder 32B Instruct

Other labs' models in the same price range or the one below, cheaper per token.
ModelInput / 1MOutput / 1M
OpenAI: GPT-6 Luna Pro$0.1$0.5
OpenAI: GPT-6 Luna$0.1$0.5
Z.ai: GLM 5.3 FlashX$0.37$1.25
DeepSeek: DeepSeek V4.1 Flash$0.03$0.5
Z.ai: GLM 5.3 Flash$0.15$0.5
DeepSeek: DeepSeek V4 Flash Vision Exp$0.216$0.647

Other qwen models

ModelInput / 1MOutput / 1M
Qwen2.5 7B Instruct$0.1$0.2
Qwen2.5 72B Instruct$0.36$0.4
Qwen-Plus$0.26$0.78
Qwen2.5 VL 72B Instruct$0.8$1
Qwen3 32B$0.08$0.28
Qwen3 14B$0.12$0.24
All qwen API prices

Qwen2.5 Coder 32B Instruct pricing FAQ