Cheaper alternative to ElevenLabs
On official list prices checked Nov 10, 2026, ElevenLabs’ API is $0.04 or $0.08 per 1,000 characters ($40 or $80 per 1 million), depending on the model. Several character-billed APIs print a lower unit price. That is not the same thing as sounding the same. This page ranks published unit prices, then flags consumer apps (including Speechify) that use a different meter.
Character-billed APIs cheaper than $0.04 / 1K
| Vendor / model | Official unit price | Est. $ / min at 1,000 chars | Source, Nov 10, 2026 |
|---|---|---|---|
| Google WaveNet / Standard | $4 per 1M characters | $0.0040 | Google Cloud pricing (first 4M chars/month free) |
| Amazon Polly Standard | $4.00 per 1M characters | $0.0040 | Polly pricing |
| Murf Falcon / conversational API | $0.01 per 1,000 characters | $0.0100 | murf.ai/pricing and pay-as-you-go help |
| Deepgram Aura-1 (PAYG) | $0.0150 per 1K characters | $0.0150 | Deepgram pricing |
| OpenAI tts-1 | $15 per 1M characters | $0.0150 | OpenAI pricing — scheduled to shut down Jan 6, 2027 |
| AssemblyAI-TTS-1 | $15 per 1M characters | $0.0150 | AssemblyAI pricing |
| Google Neural2 | $16 per 1M characters | $0.0160 | Google Cloud pricing |
| Amazon Polly Neural | $16.00 per 1M characters | $0.0160 | Polly pricing |
| Deepgram Aura-2 / Google Chirp 3 HD / Polly Generative / Murf Gen 2 | $30 per 1M, or $0.03 per 1K | $0.0300 | Each vendor’s pricing page, as of Nov 10, 2026 |
| ElevenLabs Flash / Turbo / v4 Turbo | $0.04 per 1K characters | $0.0400 | ElevenLabs API pricing |
| ElevenLabs v4 / v3 / Multilingual v2 | $0.08 per 1K characters | $0.0800 | ElevenLabs API pricing |
Full sortable table: Cheapest text to speech API in 2026.
Speechify, if you want a yearly subscription instead of an API
Speechify is not a drop-in API replacement, but it is often what people mean by a “cheaper alternative” on a monthly bill. Official prices, checked Nov 10, 2026: Premium $29 / month or $139 / year for the reading app; Studio Starter $100 / year (86,400 credits; 1 credit per second of voiceover; commercial rights) or $300 / year (345,600 credits). See How much does Speechify cost?
ElevenLabs’ own Creative plans, from elevenlabs.io/pricing on Nov 10, 2026: Starter $6 / month after a $1 first month (30,000 credits, commercial license, instant voice cloning); Creator $22 / month after an $11 first month (121,000 credits, professional voice cloning).
Sources (as of Nov 10, 2026)
- ElevenLabs pricing and API pricing
- ElevenLabs voice cloning docs
- Speechify: How much does Speechify cost? (updated Oct 1, 2026)
- Speechify pricing and Speechify Studio pricing
- Murf pricing and Murf API pay-as-you-go
- Google Cloud Text-to-Speech pricing
- Amazon Polly pricing
- Deepgram pricing
- Cartesia pricing
- AssemblyAI pricing
- OpenAI API pricing and deprecations
- Descript pricing
- Synthesia pricing
All comparisons on this site
- How much does ElevenLabs cost per minute?
- Cheapest text to speech API in 2026
- How much does Speechify cost?
- Speechify vs ElevenLabs
- Cheaper alternative to ElevenLabs
- ElevenLabs vs Murf
- How much does Murf AI cost?
- Google text to speech vs ElevenLabs
- Cartesia vs ElevenLabs
- Cheapest voice cloning
- Best AI voice for audiobooks
- Best text to speech for YouTube
- Speechify free vs Premium
- Speechify for students
- Speechify yearly vs monthly