GPT-4o Transcribe vs Scribe v2: price, context and capabilities

Choose Scribe v2 for the lowest price; on the other points the two are level or the data is missing.

In short

  • Scribe v2 is 39% cheaper than GPT-4o Transcribe at the headline price ($0.0037 / minute vs $0.006 / minute).

Open in the full comparison table

Which should you choose?

Each answer below comes straight from the published prices, specifications and independent benchmark results.

Lowest price

Choose Scribe v2

Scribe v2 costs $0.0037 / minute, against $0.006 / minute for GPT-4o Transcribe.

Monthly cost at three volumes

VolumeGPT-4o TranscribeScribe v2Difference
600 minutes of audio $3.60 $2.20 Scribe v2, $1.40 less
6,000 minutes of audio $36.00 $22.00 Scribe v2, $14.00 less
60,000 minutes of audio $360.00 $220.00 Scribe v2, $140.00 less

Standard rates, without caching or batch discounts. Volumes are per month.

Specifications side by side

GPT-4o TranscribeScribe v2
ProviderOpenAIElevenLabs
CategorySpeech to textSpeech to text
StatusGenerally availableGenerally available
Headline price$0.006 / minute$0.0037 / minute
Context window16kNo data
Max output2kNo data
ReleasedMarch 2025No data
Knowledge cutoffJune 2024No data
LicenceProprietaryProprietary
CapabilitiesAudio inputAudio input
API model idgpt-4o-transcribe

Frequently asked questions

Should I choose GPT-4o Transcribe or Scribe v2?

Choose Scribe v2 for the lowest price; on the other points the two are level or the data is missing.

Which is cheaper, GPT-4o Transcribe or Scribe v2?

Scribe v2 is 39% cheaper than GPT-4o Transcribe at the headline price ($0.0037 / minute vs $0.006 / minute).

What is the difference between GPT-4o Transcribe and Scribe v2?

GPT-4o Transcribe is made by OpenAI and Scribe v2 by ElevenLabs. Scribe v2 is 39% cheaper than GPT-4o Transcribe at the headline price ($0.0037 / minute vs $0.006 / minute).