The Definitive Guide toAI Data Centers
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Ramp's effective token-price index fell 41%, from the March 2026 peak of $1.15 to $0.68 per million tokens (9 September 2026)

$1.15/M → $0.68/M (Mar–Sep 2026, Ramp index)observed

Value kindobserved — Reported measurements, counts, and specifications keep the precision and scope stated by their source; an exact specification is not treated as a range.
ScopeEffective-price index among businesses Ramp observes; do not splice this series to the historical March 2025 cohort comparison.
As of2026-09-09
SourceRamp AI Index, 9 September 2026 · Effective price per million tokens, March peak to publication week
Reviewchecking…review by 2026-12-09 · fast cadence
Recorded changeslast 2026-10-05 · 4 revisions tracked
Claim idself-hosted-vs-market-avg-inference-cost-per

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