50 models7 providersprices scraped nightly — no estimates
3-way comparisonMay 27, 2026

Llama 3.1 70B Instruct vs Llama 3.1 8B Instruct vs Llama 3.2 3B Instruct

Three-way comparison on verified pricing, benchmarks, and provider availability.

DimensionLlama 3.1 70B InstructLlama 3.1 8B InstructLlama 3.2 3B Instruct
Cheapest $/1M out$0.40$0.05
Cheapest $/1M in$0.23$0.02
Cheapest providerDeepInfraDeepInfra
Capabilities
Context window131K131K131K
Parameters70B8B3B
Licensellama-3llama-3llama-3
Released2024-07-232024-07-232024-09-25
Verdict

Meta's Llama 3.1 70B, 3.1 8B, and 3.2 3B form a three-tier cost-quality ladder across the same open-weights family, all sharing the Llama 3 community license and a 131K context window. Each was released in mid-to-late 2024, with the 3B and 8B separated by roughly the same quality-per-dollar jump as the 8B to 70B.

The 3B Instruct is the floor of this comparison: workable for classification, long-document triage, and content moderation routing where volume and cost dominate quality requirements. Its 131K context is genuinely useful for routing-layer classification over long inputs, which is the one scenario where it holds its own against the 8B.

The 8B model covers most practical single-turn and short-context tasks: summarization, translation, lightweight function calling, and structured extraction. MMLU is in the low-to-mid 70s. It does not hold up well under complex multi-step reasoning or long-form generation. At sub-$0.20 per million tokens on most providers it is a reasonable default for general-purpose production use.

The 70B is where the quality gap becomes concrete. MMLU around 79-80, better instruction adherence on multi-turn tasks, and a meaningful improvement in reasoning and coding relative to the 8B. The July 2024 release was notable for shipping a 131K context at the 70B tier, which was not standard at the time. Note that Llama 3.3 70B, released December 2024, improves on the 3.1 70B with better instruction-following at the same footprint, so new deployments should default to 3.3 unless pinning a specific checkpoint.

Pick the 3B for batch pipelines where cost dominates. Pick the 8B for most general-purpose inference. Pick the 70B when output quality or instruction-following accuracy visibly matters to your users.

Frequently asked questions
How does Llama 3.1 70B Instruct compare to Llama 3.1 8B Instruct and Llama 3.2 3B Instruct on price?
Use the table above to compare input and output prices per 1M tokens across the cheapest available providers for each model.
Which model is best for coding: Llama 3.1 70B Instruct, Llama 3.1 8B Instruct, or Llama 3.2 3B Instruct?
HumanEval and other code benchmarks are shown in the table. For production code tasks, also consider context window size and provider latency.
What is the context window for Llama 3.1 70B Instruct, Llama 3.1 8B Instruct, and Llama 3.2 3B Instruct?
Context window sizes are listed in the Specs row of the comparison table above.
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