ElevenLabs pricing
ElevenLabs is best known for expressive text to speech, and its API also covers speech to text and a realtime voice agent product. The three are priced separately, so the right comparison depends on which one you are buying.
Text to speech is billed per character on a flat rate, with cheaper rates for the faster, lower-latency models. Transcription is billed per hour of audio, and the voice agent is billed per minute of connected conversation, with a higher rate once you exceed the concurrent calls your plan allows.
Check two things before you commit: whether the realtime models add language model charges on top of the per-minute rate, and which subscription plan sets your concurrency limit. Subscription fees and first-month discounts are not part of the figures in the calculator.
Some “Sign up” links are affiliate links and may earn a commission. Rankings are computed from price only and never take affiliate status into account.
Every month I transcribe of audio.
AssemblyAI and Mistral Voxtral tie for cheapest, at $3.50 a month. Azure would cost 4.8 times as much.
Estimated monthly bill for 1,000 minutes, lowest first. 7 of 7 providers fit.
- 1AssemblyAIUniversal-3.5 Pro (pre-recorded), $0.21/hr$3.50 per monthLowest priceVisit AssemblyAI
Usage $3.50 Monthly total $3.50 Works out to $0.0035 per minute.
Priced in the "Above 0" tier; every unit is billed at that tier's rate.
- 1Mistral VoxtralVoxtral Mini Transcribe 3, $0.0035/min$3.50 per monthLowest priceVisit Voxtral
Usage $3.50 Monthly total $3.50 Works out to $0.0035 per minute.
Priced in the "Above 0" tier; every unit is billed at that tier's rate.
- 3ElevenLabsThis pageScribe v2 (and v2 Medical), $0.22/hr$3.67 per month+$0.17, 4.8% moreVisit ElevenLabs
Usage $3.67 Monthly total $3.67 Works out to $0.00367 per minute.
Priced in the "Above 0" tier; every unit is billed at that tier's rate.
- 4DeepgramNova-3 (pre-recorded), $0.0043/min$4.30 per month+$0.80, 22.9% moreVisit Deepgram
Usage $4.30 Monthly total $4.30 Works out to $0.0043 per minute.
Priced in the "Above 0" tier; every unit is billed at that tier's rate.
- 5OpenAIGPT Transcribe, $0.0045/min$4.50 per month+$1.00, 28.6% moreVisit OpenAI
Usage $4.50 Monthly total $4.50 Works out to $0.0045 per minute.
Priced in the "Above 0" tier; every unit is billed at that tier's rate.
- 6Google CloudSpeech-to-Text V2 Standard (incl. Chirp), $0.016/min$16.00 per month+$12.50, 357.1% moreVisit Google Cloud
Usage $16.00 Monthly total $16.00 Works out to $0.016 per minute.
Tiers are graduated: each band of usage is billed at its own rate (reached: Up to 500000).
- 7AzureStandard real-time transcription, $1/hr$16.67 per month+$13.17, 376.2% moreVisit Azure
Usage $16.67 Monthly total $16.67 Works out to $0.0167 per minute.
Priced in the "Above 0" tier; every unit is billed at that tier's rate.
- Prices updated 2026-10-23.
- Priced in the "Above 0" tier; every unit is billed at that tier's rate.
- Free-tier credits are not subtracted.
- How we calculate this
Some “Visit” links are affiliate links: the provider may pay us if you sign up. That never changes the order, which is set by price alone.
Pricing by model
Eleven v4 pricing
Text to speech. Current flagship text-to-speech model for expressive speech.
| Monthly usage | Price per 1M characters |
|---|---|
| Any volume | $80.00 |
Pay-as-you-go list rate per 1K characters; every subscription plan (Starter to Business) works out to the same per-character rate, and the page lists no separate overage price, so a single flat rate is modelled. Subscription fees and first-month discounts are not modelled.
Source: elevenlabs.io
Eleven v4 Turbo pricing
Text to speech. Lower-cost, lower-latency v4 variant.
| Monthly usage | Price per 1M characters |
|---|---|
| Any volume | $40.00 |
Pay-as-you-go list rate per 1K characters; every subscription plan (Starter to Business) works out to the same per-character rate, and the page lists no separate overage price, so a single flat rate is modelled. Subscription fees and first-month discounts are not modelled.
Source: elevenlabs.io
Eleven v3 pricing
Text to speech. Expressive text-to-speech model with audio tags.
| Monthly usage | Price per 1M characters |
|---|---|
| Any volume | $80.00 |
Pay-as-you-go list rate per 1K characters; every subscription plan (Starter to Business) works out to the same per-character rate, and the page lists no separate overage price, so a single flat rate is modelled. Subscription fees and first-month discounts are not modelled.
Source: elevenlabs.io
Eleven v3 Conversational pricing
Text to speech. v3 variant tuned for conversational use.
| Monthly usage | Price per 1M characters |
|---|---|
| Any volume | $40.00 |
Pay-as-you-go list rate per 1K characters; every subscription plan (Starter to Business) works out to the same per-character rate, and the page lists no separate overage price, so a single flat rate is modelled. Subscription fees and first-month discounts are not modelled.
Source: elevenlabs.io
Eleven v2 Multilingual pricing
Text to speech. Established multilingual text-to-speech model.
| Monthly usage | Price per 1M characters |
|---|---|
| Any volume | $80.00 |
Pay-as-you-go list rate per 1K characters; every subscription plan (Starter to Business) works out to the same per-character rate, and the page lists no separate overage price, so a single flat rate is modelled. Subscription fees and first-month discounts are not modelled.
Source: elevenlabs.io
Eleven Flash / Turbo pricing
Text to speech. Fast, low-latency text-to-speech models for real-time use.
| Monthly usage | Price per 1M characters |
|---|---|
| Any volume | $40.00 |
Pay-as-you-go list rate per 1K characters; every subscription plan (Starter to Business) works out to the same per-character rate, and the page lists no separate overage price, so a single flat rate is modelled. Subscription fees and first-month discounts are not modelled.
Source: elevenlabs.io
Scribe v2 (and v2 Medical) pricing
Speech to text. Batch speech-to-text for 90+ languages with speaker diarization. The Medical variant is listed at the same rate.
| Monthly usage | Price per hour |
|---|---|
| Any volume | $0.22 |
Keyterm prompting and transcript editing are optional paid features billed per hour on top; not modelled.
Source: elevenlabs.io
Scribe v2 Realtime pricing
Speech to text. Streaming speech-to-text for live audio. Speaker diarization is not available in realtime mode.
| Monthly usage | Price per hour |
|---|---|
| Any volume | $0.39 |
Keyterm prompting and transcript editing are optional paid features billed per hour on top; not modelled.
Source: elevenlabs.io
Speech Engine (voice agents) pricing
Realtime voice. Speech models combined in one low-latency voice-agent pipeline.
| Audio in | $0.08 per minute |
|---|---|
| Audio out | $0 per minute |
| Concurrent calls included | 40 |
| Above the limit | $0.16 per minute |
Per-minute rate for connected audio; billed per connected minute (audio_in carries the whole rate). Concurrent-call limit depends on plan (4 to 40); connected audio above the limit is billed at the burst rate. The modelled limit is the highest published plan limit. The page does not say whether LLM usage is included for Speech Engine; treat as unverified.
Source: elevenlabs.io
Eleven Realtime v1 Mini pricing
Realtime voice. Realtime speech-to-speech model, smaller and cheaper variant.
| Audio in | $0.08 per minute |
|---|---|
| Audio out | $0 per minute |
| Concurrent calls included | 40 |
| Above the limit | $0.16 per minute |
Per-minute rate for connected audio; billed per connected minute (audio_in carries the whole rate). Concurrent-call limit depends on plan (4 to 40); connected audio above the limit is billed at the burst rate. The modelled limit is the highest published plan limit. Connected-audio part only: LLM token charges are billed on top and are not modelled here, so the true bill is higher.
Source: elevenlabs.io
Eleven Realtime v1 Max pricing
Realtime voice. Realtime speech-to-speech model, higher-capability variant.
| Audio in | $0.08 per minute |
|---|---|
| Audio out | $0 per minute |
| Concurrent calls included | 40 |
| Above the limit | $0.16 per minute |
Per-minute rate for connected audio; billed per connected minute (audio_in carries the whole rate). Concurrent-call limit depends on plan (4 to 40); connected audio above the limit is billed at the burst rate. The modelled limit is the highest published plan limit. Connected-audio part only: LLM token charges are billed on top and are not modelled here, so the true bill is higher.
Source: elevenlabs.io
Features
| Feature | ElevenLabs |
|---|---|
| Speaker labels | Yes |
| Languages | 90 |
| Self-hosting | No |
| EU data residency | Yes |
| Realtime voice | Yes |
Frequently asked questions
- How much does ElevenLabs speech-to-text cost per month for 1,000 minutes?
- About $3.67 a month using $0.22/hr (prices updated 2026-10-23). Free-tier credits are not subtracted.
- How much does ElevenLabs text-to-speech cost per month for 1,000,000 characters?
- About $80.00 a month using $80/1M chars (prices updated 2026-10-23). Free-tier credits are not subtracted.
- How much does ElevenLabs voice agent cost per month for 1,000 minutes?
- About $80.00 a month using $0.08/min audio in + out (prices updated 2026-10-23). Free-tier credits are not subtracted.
- Where does the ElevenLabs pricing on this page come from?
- From the provider’s own public pricing page, last checked on 2026-10-23. The methodology page lists every source and rule.