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Cloud GPU On-Demand Price Index (H100, A100, L40S & more)

What does an hour of GPU compute actually cost? This index tracks the on-demand list price per GPU-hour for the main data-centre NVIDIA accelerators — H100, H200, A100 80GB, L40S, L4 and the RTX 4090 — across the big-three hyperscalers (AWS, GCP, Azure), the neoclouds (Lambda, RunPod) and the Vast.ai marketplace, with every priced cell sourced to a vendor page and dated.

It exists to put a number on a claim you see everywhere in decentralised-compute marketing: “up to 60–85% cheaper than AWS.” Against an owned baseline, that claim mostly holds — an NVIDIA H100 lists at roughly $6.88–$12.29 per GPU-hour on-demand across AWS, GCP and Azure, versus under $3 on a neocloud and from ~$1.73 on a marketplace. Where you rent matters far more than most buyers assume.

Read it with care. These are on-demand list prices — not spot, and not 1- or 3-year committed rates, which run much lower. Hyperscaler prices are per-instance (an AWS p5.48xlarge bundles eight H100s) divided down to a per-GPU figure. Marketplace prices float with host supply. Prices change constantly, so treat this as a dated snapshot and verify at the linked source before you commit.

Quick answer

Renting a data-centre GPU by the hour costs dramatically more on the big-three hyperscalers than on neoclouds or a decentralised marketplace. An NVIDIA H100 lists on-demand at $6.88-12.29 per GPU-hour on AWS, GCP and Azure, versus $2.99-3.99 on neoclouds (RunPod, Lambda) and from ~$1.73 on the Vast.ai marketplace — roughly 75-86% cheaper. The same pattern holds across the A100, L40S and L4. This is D-Central's owned baseline for the "decentralised compute is cheaper than AWS" claim.

On-demand list prices as of 2026-07-16. The gap is the economic case for the DePIN / decentralised-compute networks and for owning your own silicon. Prices change — verify at the source.

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NVIDIA H100 80GB

Hyperscaler $6.88–$12.29/GPU-hr  ·  cheapest alternative $1.73 → 75–86% cheaper

VendorTypeInstance$/GPU-hr
AWSHyperscalerp5.48xlarge$6.88
Google CloudHyperscalera3-highgpu-8g$11.06
Microsoft AzureHyperscalerND96isr H100 v5$12.29
Lambda LabsNeocloud8x H100 SXM$3.99
RunPodNeocloudH100 SXM (Secure Cloud)$2.99
Vast.aiMarketplaceH100 SXM$1.73+

NVIDIA H200 141GB

Hyperscaler $13.78–$13.78/GPU-hr  ·  cheapest alternative $3.75 → 73–73% cheaper

VendorTypeInstance$/GPU-hr
AWSHyperscalerp5e.48xlargen/a
AWS: AWS sells H200 (p5e) via EC2 Capacity Blocks (reserved/scheduled) only; no published on-demand list price.
Google CloudHyperscalera3-ultragpu-8gn/a
Google Cloud: The published a3-ultragpu on-demand SKU (~$12.27/node) appears to exclude the H200 accelerator cost (billed separately), which would price it implausibly below GCP's own H100 — excluded pending an all-in on-demand figure.
Microsoft AzureHyperscalerND96isr H200 v5$13.78
Lambda LabsNeocloudn/a
Lambda Labs: H200 not on Lambda's self-serve on-demand table (1-Click Clusters / reserved only).
RunPodNeocloudH200 SXM (Secure Cloud)$4.39
Vast.aiMarketplaceH200$3.75+

NVIDIA A100 80GB

Hyperscaler $3.43–$5.07/GPU-hr  ·  cheapest alternative $0.80 → 77–84% cheaper

VendorTypeInstance$/GPU-hr
AWSHyperscalerp4de.24xlarge$3.43
Google CloudHyperscalera2-ultragpu-1g$5.07
Microsoft AzureHyperscalerNC24ads A100 v4$3.67
Lambda LabsNeocloud8x A100 SXM$2.79
RunPodNeocloudA100 PCIe 80GB (Secure Cloud)$1.39
Vast.aiMarketplaceA100 SXM4 80GB$0.80+

NVIDIA L40S 48GB

Hyperscaler $1.86–$1.86/GPU-hr  ·  cheapest alternative $0.47 → 75–75% cheaper

VendorTypeInstance$/GPU-hr
AWSHyperscalerg6e.xlarge$1.86
RunPodNeocloudL40S (Secure Cloud)$0.99
Vast.aiMarketplaceL40S$0.47+

NVIDIA L4 24GB

Hyperscaler $0.71–$0.80/GPU-hr  ·  cheapest alternative $0.20 → 72–75% cheaper

VendorTypeInstance$/GPU-hr
AWSHyperscalerg6.xlarge$0.80
Google CloudHyperscalerg2-standard-4$0.71
RunPodNeocloudL4 (Secure Cloud)$0.39
Vast.aiMarketplaceL4$0.20+

NVIDIA RTX 4090 24GB

VendorTypeInstance$/GPU-hr
RunPodNeocloudRTX 4090 (Secure Cloud)$0.69
Vast.aiMarketplaceRTX 4090$0.34+

Method & caveats: On-demand list prices, snapshot as of 2026-07-16. Cloud GPU prices change and vary by region, instance configuration, commitment tier and availability; hyperscaler figures are per-instance list prices divided by the GPU count; marketplace (Vast.ai) figures are advertised on-demand floors that fluctuate by host. Verify the current price at the linked source before relying on it. Not investment advice. “+” marks a Vast.ai marketplace floor that varies by host. Pairs with the AI GPU spec database (what you get for the money) and the DePIN compute networks directory (the decentralised alternatives). Reviewed 2026-07-16; next review 2026-08-16. Not investment advice.

Deciding whether to rent or own? Pair this with the AI GPU spec database (what each GPU delivers for the money) and the DePIN compute networks directory (the decentralised alternatives), part of D-Central’s sovereign AI work.