Which is cheaper, DeepSeek R1 or Deepseek V3.2 Thinking?
Deepseek V3.2 Thinking costs $0.62/M input; DeepSeek R1 costs $1.35/M input. Price spread matters at billion-token scale.
Gateway catalog snapshot.
Deepseek V3.2 Thinking is cheaper at $0.62/M input vs $1.35/M input for DeepSeek R1. Compare context, hosts, and o10 routing bands.
Last updated: 2026-06-27. Full catalog. Reference prices are dated snapshots. Compare total cost and measured task quality before choosing a route.
DeepSeek R1 vs Deepseek V3.2 Thinking. Price, context, routing
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AnswersSelf-contained
How do DeepSeek R1 and Deepseek V3.2 Thinking context windows compare?
DeepSeek R1: 128,000 tokens. Deepseek V3.2 Thinking: 128,000 tokens.
01Deep dive
Comparison summary
Deepseek V3.2 Thinking is cheaper at $0.62/M input vs $1.35/M input for DeepSeek R1. Compare context, hosts, and o10 routing bands.
Deepseek V3.2 Thinking is cheaper at $0.62/M input vs $1.35/M input for DeepSeek R1. Compare context, hosts, and o10 routing bands.
SourceMethodology
o10 gateway + fulfillment catalog snapshot.
FAQFrequently asked questions
Common questions
Which is cheaper, DeepSeek R1 or Deepseek V3.2 Thinking?
Deepseek V3.2 Thinking at $0.62/M input vs $1.35/M for DeepSeek R1.
Can you run both on the same hosts?
DeepSeek R1: DeepSeek. Deepseek V3.2 Thinking: DeepSeek.