Lowest price
Choose GPT-Transcribe
GPT-Transcribe costs $0.0045 / minute, against $0.0065 / minute for Scribe v2 Realtime.
GPT-Transcribe vs Scribe v2 Realtime: price, context and capabilities
Choose GPT-Transcribe for the lowest price; on the other points the two are level or the data is missing.
In short
- GPT-Transcribe is 31% cheaper than Scribe v2 Realtime at the headline price ($0.0045 / minute vs $0.0065 / minute).
Which should you choose?
Each answer below comes straight from the published prices, specifications and independent benchmark results.
Monthly cost at three volumes
| Volume | GPT-Transcribe | Scribe v2 Realtime | Difference |
|---|---|---|---|
| 600 minutes of audio | $2.70 | $3.90 | GPT-Transcribe, $1.20 less |
| 6,000 minutes of audio | $27.00 | $39.00 | GPT-Transcribe, $12.00 less |
| 60,000 minutes of audio | $270.00 | $390.00 | GPT-Transcribe, $120.00 less |
Standard rates, without caching or batch discounts. Volumes are per month.
Specifications side by side
| GPT-Transcribe | Scribe v2 Realtime | |
|---|---|---|
| Provider | OpenAI | ElevenLabs |
| Category | Speech to text | Speech to text |
| Status | Generally available | Generally available |
| Headline price | $0.0045 / minute | $0.0065 / minute |
| Context window | No data | No data |
| Max output | No data | No data |
| Released | Jul 28, 2026 | No data |
| Knowledge cutoff | No data | No data |
| Licence | Proprietary | Proprietary |
| Capabilities | Audio input | Audio input |
| API model id | gpt-transcribe |
Frequently asked questions
Should I choose GPT-Transcribe or Scribe v2 Realtime?
Choose GPT-Transcribe for the lowest price; on the other points the two are level or the data is missing.
Which is cheaper, GPT-Transcribe or Scribe v2 Realtime?
GPT-Transcribe is 31% cheaper than Scribe v2 Realtime at the headline price ($0.0045 / minute vs $0.0065 / minute).
What is the difference between GPT-Transcribe and Scribe v2 Realtime?
GPT-Transcribe is made by OpenAI and Scribe v2 Realtime by ElevenLabs. GPT-Transcribe is 31% cheaper than Scribe v2 Realtime at the headline price ($0.0045 / minute vs $0.0065 / minute).