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Llama 3.1 8B Instruct Model Specs, Costs & Benchmarks (July 2026)

Llama 3.1 8B Instruct, developed by Meta, features a context window of 131.1K tokens. The model costs $0.05 per million tokens for input and $0.08 per million tokens for output. It was released on July 23, 2024, and has achieved impressive scores in various benchmarks.
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Overview

Llama 3.1 8B InstructLlama 3.1 8B Instruct
Model Provider
The organization behind this AI's development
Meta logoMeta
Input Context Window
Maximum input tokens this model can process at once
131.1K
tokens
Output Token Limit
Maximum output tokens this model can generate at once
131.1K
tokens
Release Date
When this model first became publicly available
July 23rd, 2024
Knowledge Cutoff
Latest training-data date reported by the provider
December 31, 2023

Pricing

Llama 3.1 8B InstructLlama 3.1 8B Instruct
Input Token Cost
Cost per million input tokens
$0.05
per million tokens
Output Token Cost
Cost per million output tokens
$0.08
per million tokens
Cache Read Cost
Cost to reuse cached input tokens
$0.02
per million tokens

Capabilities & Features

Llama 3.1 8B InstructLlama 3.1 8B Instruct
Input Types
Supported input formats
text
Output Types
Supported output formats
text
Tokenizer
Text encoding system
Llama3
Key Features
Advanced capabilities
βœ“ Function Callingβœ“ Structured Output
Open Source
Model availability

Benchmarks

Llama 3.1 8B InstructLlama 3.1 8B Instruct
Intelligence Index
Overall model quality across independent evaluations
7.6
(Artificial Analysis index; higher is better)
Coding Index
Programming performance across independent evaluations
5.4
(Artificial Analysis index; higher is better)
Agentic Index
Ability to complete multi-step agentic tasks
0.5
(Artificial Analysis index; higher is better)