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H100 Cost Calculator

Should you rent by the hour, buy outright, or lease? Compare real pricing across providers and find your break-even point.

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Cloud GPU Pricing (H100)

ProviderGPU ModelGPUs$/Hour$/Month (720h)
AWS p5.48xlargeH100 SXM58$98.32$70,790
Azure ND96isr_H100H1008$92.34$66,485
CoreWeaveH100 SXM51$2.49$1,793
Lambda LabsH100 SXM51$2.49$1,793
RunPodH100 SXM51$2.39$1,721

* Pricing as of January 2026. Per-GPU rates for CoreWeave/Lambda/RunPod; 8-GPU nodes for AWS/Azure.

Buy vs Lease Analysis

💰 Purchase

H100 SXM5 80GB

$25,000

$30,000 list

H100 PCIe 80GB

$22,000

$25,000 list

H200 SXM 141GB

$33,000

$35,000 list

Pros: Full ownership, no recurring costs
Cons: Depreciation risk, capital intensive

📋 Lease (H100 SXM5)

12 months

$2,800/mo

$3.89/hr effective

24 months

$2,200/mo

$3.06/hr effective

36 months

$1,800/mo

$2.50/hr effective

Pros: Predictable costs, upgrade flexibility
Cons: No equity, total cost higher than purchase

Break-Even Analysis

9 months

Cloud → Purchase break-even

at $2.49/hr cloud rate

14 months

Lease → Purchase break-even

at 36-month lease rate

65%

Utilization threshold

Above this, buy makes sense

Rule of thumb: If you expect >65% utilization for >9 months, purchasing is more economical than cloud.

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