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Meta

Llama 3.1 8B Instruct fastruns locally

meta/llama-3-1-8b

Meta's latest class of model (Llama 3.1) launched with a variety of sizes & flavors. This 8B instruct-tuned version is fast and efficient. It has demonstrated strong performance compared to...

Input / 1M

$0.050

USD per million tokens

Output / 1M

$0.080

USD per million tokens

Est. cost / token

$0.000000057

$0.058 per 1M, 3:1 mix

Context window

131K

max output 118K

Major features

Open weightsCachingJSON schemaTools

Task suitability (heuristic 1–5, not a benchmark)

  • coding3
  • reasoning2
  • math2
  • summarization4
  • extraction4
  • classification4
  • chat3
  • creative3
  • translation4
  • vision1
  • long context3
  • agentic3

Run it locally

Will it run on my machine? →
ollama run llama3.1:8b
QuantizationQualityMemory needed (8K ctx)
Q2_Kpoor5.2 GB
Q3_K_Mfair5.8 GB
Q4_K_Mrecommendedgood6.8 GB
Q5_K_Mvery good7.6 GB
Q6_Kexcellent8.6 GB
Q8_0near-lossless10.6 GB
F16lossless18.5 GB

Estimates.

Price history

RecordedInputOutputCachedSource
2026-11-05 03:20$0.050$0.080$0.025openrouter

A row is added whenever a sync detects a price change. Vendor pricing source

Pricing (USD per 1M tokens)

Input
$0.050
Output
$0.080
Cached input
$0.025
Blended (3:1)
$0.058

Details

Company
Meta
Version
3.1
Family
Llama
Released
2024-07-23
Parameters
8B
Max output
118K
Open weights
Yes
Inputs
text
Last synced
46 min ago