Llama 3.1 70B Instruct
Meta
Key facts · verified Oct 29, 2026
Llama 3.1 70B Instruct is a Meta model released on 23 Jul 2024. Its API price is $0.40 per million input tokens and $0.40 per million output tokens. Its context window is 131.1K tokens. It ranks #292 on LMArena's text leaderboard (Elo 1293, read 1 Nov 2026). Source: ai.meta.com.
Llama 3.1 70B Instruct is Meta's Llama 3.1 70B instruction-tuned model, released on July 23, 2024 with open weights under the Llama 3.1 Community licence, so it can be self-hosted. It has a 131.1K-token context window. arena.ai lists pricing of $0.40 per million input tokens and $0.40 per million output tokens, not confirmed as first-party. On LMArena's text leaderboard: 1293 Elo (rank 292).
Pricing & specs checkedSource: vendor documentation · checked Oct 29, 2026LMArena: 1293 Elo (rank 292) · source · retrieved Nov 1, 2026
Full Specifications
$0.40 / $0.40 per million tokens | |
|---|---|
| Identity | |
| Developer | Meta |
| Released | Jul 2024 |
| Licence | Llama 3.1 Community |
| Self-hostable | Yes |
| Cost | |
| Blended $/1M tokensinput × 0.75 + output × 0.25 | $0.400 / 1M tokens |
| Input price | $0.400 / 1M tokens |
| Output price | $0.400 / 1M tokens |
| Capacity | |
| Context window | 131.1K tokens |
| Measured quality | |
| LMArena Elo | 1293 (checked Nov 2026) |
| LMArena rank | Rank 292 |
| GPQA Diamond | 44 |
| Elo per dollarLMArena Elo ÷ blended $/1M tokens | 3233 |