Speech · speech to text · ElevenLabs
ElevenLabs Scribe v2 (Pro rate) pricing
Per minute
$0.0540
Per audio hour
$3.24
Kind
Speech to text
Ranked 10 of 10 by price among 10 speech-to-text models in the index — the cheapest is AssemblyAI Universal-2 at $0.0025. Figures are USD list prices excluding tax.
Price history
Every weekly reading since this item entered the index on 15 August 2026. Dots mark readings where the figure changed.
| Date | Figure | Reading | Change |
|---|---|---|---|
| 2026-08-15 | Price ($/minute) | $0.054 | — |
| 2026-08-16 | Price ($/minute) | $0.054 | -0.9% |
| 2026-09-05 | Price ($/minute) | $0.054 | — |
Machine-readable: history.json · Every movement also appears in the change log.
What it costs in practice
Computed from the current figures above. Change the assumptions in the Speech AI cost calculator.
| Workload | Cost |
|---|---|
| One minute of audio | $0.054 |
| One hour | $3.24 |
| 100 hours | $324.00 |
| A daily one-hour podcast for a year | $1,182.60 |
| 10,000 hours of call recordings | $32,400.00 |
Compared with the closest alternatives
| Model | $/minute | vs this |
|---|---|---|
| AssemblyAI Universal-2 | $0.0025 | -95% |
| OpenAI gpt-4o-mini-transcribe | $0.0030 | -94% |
| Google Speech-to-Text V2 Dynamic Batch | $0.0030 | -94% |
| AssemblyAI Universal-3.5 Pro | $0.0035 | -94% |
| Deepgram Nova-3 monolingual | $0.0043 | -92% |
| OpenAI gpt-transcribe | $0.0045 | -92% |
| Deepgram Nova-3 multilingual | $0.0052 | -90% |
| OpenAI gpt-4o-transcribe | $0.0060 | -89% |
How to read this page
The figures are the list prices published on the vendor's own pricing page, re-read every week by an automated check that never invents a number: if the page cannot be read, the previous reading is kept and the item is flagged after three missed weeks. Negotiated rates, volume tiers, free credits and regional pricing are not modelled. The methodology describes the process and its limits; the price index shows every speech figure side by side.