Deepgram charges by usage, not by seat. Nova-3 speech-to-text costs $0.0043/min pre-recorded and $0.0077/min streaming, Aura-2 text-to-speech is $0.030 per 1,000 characters, and new accounts start with $200 in free credit (~45,000 minutes). There's no monthly minimum on pay-as-you-go — you pay for what you process.
Quick answer
Deepgram has two paid tiers plus a free credit: Pay As You Go (no commitment, published per-unit rates) and Growth (a committed-spend plan, ~$4,000/year, that discounts those rates). Enterprise contracts exist above that with custom terms, self-hosting, and compliance. For nearly everyone starting out, pay-as-you-go is the right choice.
Speech-to-text rates
Speech-to-text is metered per minute of audio, and the streaming vs pre-recorded split is the main variable.
| Model | Pay As You Go | Growth |
|---|---|---|
| Nova-3 (pre-recorded / batch) | $0.0043/min | discounted with commit |
| Nova-3 (streaming / real-time) | $0.0077/min | $0.0065/min |
| Nova-3 multilingual (streaming) | slightly higher | discounted |
To put that in human terms: streaming Nova-3 is about $0.46 per hour of audio, and batch is closer to $0.26 per hour. That's cheap enough that transcription is rarely the biggest line item in a voice product.
Aura text-to-speech rates
Text-to-speech is billed per 1,000 characters, not per minute — an important difference if you're used to STT math.
| Model | Pay As You Go | Growth |
|---|---|---|
| Aura-2 (enterprise voices) | $0.030 / 1,000 chars | $0.027 / 1,000 chars |
| Aura-1 | $0.015 / 1,000 chars | $0.0135 / 1,000 chars |
As a rule of thumb, 1,000 characters is roughly 150 spoken words, or about a minute of speech. So Aura-2 costs around $0.03 per minute of generated audio — cheaper per minute than most premium TTS, though the voices are less expressive than ElevenLabs.
Growth plan and free credit
Every new account gets $200 in free credit — up to ~45,000 minutes of Nova transcription — with no card required to start. That's enough to prototype an entire voice agent before spending anything.
The Growth plan is a committed-spend tier that starts around $4,000/year and cuts per-unit rates by roughly 15-20%. The math only works once your usage is high enough that the discount clears the commitment — if you're spending less than a few hundred dollars a month, stay on pay-as-you-go.
What a real bill looks like
Say you run a voice agent handling 1,000 five-minute calls a month — 5,000 minutes of two-way audio. Streaming STT at $0.0077/min is about $38.50. If the agent speaks roughly half the time, TTS at ~$0.03/min for the agent's ~2,500 minutes is about $75. Add your LLM cost separately, and Deepgram's share of a 5,000-call month lands near $115 — before the free credit and before any Growth discount.
The takeaway: at small-to-mid scale, Deepgram is a minor cost. It becomes material only at very high volume, which is exactly when the Growth plan starts to pay off.
Is it worth it?
For real-time voice, yes. You're getting sub-300ms streaming latency, class-leading accuracy, and infrastructure that scales to thousands of concurrent streams, at prices that stay small until you're genuinely big. The only reason to look elsewhere on cost is if you already run your own GPUs and can self-host open-source Whisper — and even then you give up latency, support, and managed scaling.
For the full capability rundown, read our Deepgram review, and if you're building an agent, see Deepgram vs ElevenLabs and the best AI voice tools roundup.
Frequently Asked Questions
How much does Deepgram cost per minute?
Nova-3 speech-to-text is $0.0043/min pre-recorded and $0.0077/min streaming on pay-as-you-go. On Growth, streaming drops to about $0.0065/min. That's roughly $0.26-$0.46 per hour of audio.
Does Deepgram have a free tier?
Yes — new accounts get $200 in free credit, up to about 45,000 minutes of Nova transcription, with no card required to start and no monthly minimum on pay-as-you-go.
What is the Growth plan?
A committed-spend plan starting around $4,000/year that lowers per-unit rates by roughly 15-20%. It's worth it once monthly usage is high enough that the discount beats the commitment; below that, stay on pay-as-you-go.
How is text-to-speech billed?
Per 1,000 characters, not per minute. Aura-2 is $0.030 per 1,000 characters (~$0.03 per minute of speech) and Aura-1 is $0.015. Roughly 1,000 characters equals 150 spoken words.
Is Deepgram cheaper than Google or AWS transcription?
Generally yes for streaming, and its latency is lower. Exact savings depend on volume and features, so run a test on your own audio, but Deepgram is usually the cheaper real-time option among managed providers.
Are there hidden fees?
No seat fees or platform fees on pay-as-you-go — you pay per minute or per character. Add-on features and multilingual models carry slightly higher rates, and enterprise self-hosting is priced separately. Always confirm current rates on Deepgram's pricing page.