Best price-to-accuracy transcription API
Balancing what you pay against how accurate it is, ElevenLabs Scribe v2 offers the strongest ratio in this ranking: leaderboard-topping 2.2% WER at a mid-pack $3.67/1000 min. AssemblyAI Universal-3 Pro is the value runner-up — slightly less accurate at 3.1% but a touch cheaper at $3.50. Past those two, accuracy drops off faster than price does. A light estimate computed from public benchmarks, not a first-hand measurement.
DefaultElevenLabs Scribe v2beste prijs kwaliteitElevenLabs Scribe v2
Provider offerings
| Offering | Price ($/1000 min) | WER | Langs | Latency | Capabilities |
|---|---|---|---|---|---|
| ElevenLabs Scribe v2ElevenLabs | 3.67 | 2.2% | 90 | 150 ms | diarizationtimestampsvocab |
| AssemblyAI Universal-3 ProAssemblyAI | 3.5 | 3.1% | 99 | 150 ms | diarizationtimestampsvocab |
| Deepgram Nova-3Deepgram | 4.3 | 5.2% | 50 | 300 ms | diarizationtimestampsvocab |
| Speechmatics EnhancedSpeechmatics | 6.7 | 4% | 70 | 500 ms | diarizationtimestampsvocab |
| OpenAI gpt-4o-transcribeOpenAI | 6 | 4% | — | — | — |
| Google Gemini 3 FlashGoogle | 1.92* | 2.9% | — | — | — |
* token-/credit-priced — the headline understates real per-unit cost, so it is excluded from the cheapest ranking.
Sources
- Artificial Analysis — Speech to Text2026-06-19
- Open ASR Leaderboard2026-06-19