Speech-to-text budget guide

Audio Transcription API Cost Guide

Estimate the complete cost of transcribing meetings, calls, interviews, or podcasts. Separate speech recognition from transcript cleanup, summaries, and downstream AI work so a low per-minute quote does not hide the rest of the workflow.

Start with the provider's billing unit

Transcription services may charge by audio minute, audio token, or a combination of input and output tokens. Do not convert every service to text tokens before checking its current pricing page. Use the provider's native unit for speech recognition, then estimate any text processing separately.

Planning formula

Audio processing = billable audio minutes or audio tokens × current model rate

Text processing = transcript input token cost + summary or extraction output token cost

Total workflow = audio processing + text processing + retries + storage, streaming, or orchestration costs

Collect these inputs

Worked monthly example

A team records 80 meetings per month at an average of 45 minutes. The speech-recognition baseline is 3,600 billable minutes. If 5% must be retranscribed, plan for 3,780 minutes. Next, measure the transcript from a representative 45-minute meeting and use the calculator's text mode to estimate the separate input and output cost for summaries or action items. Multiply that text estimate by 80 meetings, plus any retries of the post-processing step.

Avoid common underestimates

Validate before scaling

Run a small sample that reflects your real languages, number of speakers, audio quality, and recording length. Record the provider-reported usage, transcript token count, retry rate, and downstream summary usage. That sample gives a safer monthly forecast than a universal words-per-minute assumption.

Official references

Check the current OpenAI API pricing and Audio API FAQ, or the Gemini API pricing page, before making a purchasing decision. Supported models, limits, token conversions, and rates can change.

For the transcript and summary portion, see the input and output token guide or monthly AI API cost guide.

Estimate transcript text cost