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Cohere Parse 5

Cohere's document extraction to Markdown and blocks, priced per 1,000 pages.

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AutomationFreemiumWe checked the prices on cohere.com on 28 Sep 2026.

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What is Cohere Parse 5?

Cohere's document extraction to Markdown and blocks, priced per 1,000 pages.

Who is Cohere Parse 5 best for?

Cohere Parse 5 is best for enterprises that turn large volumes of scans and PDFs into Markdown for RAG.

  • High-volume document pipelines

    At $1.50 per 1,000 pages and about 36 pages a second on an 8-GPU node, it is sized for claims, invoices and contracts in the millions.

  • RAG and search indexing

    It turns scans and PDFs into clean Markdown that keeps tables and images, ready for chunking, embedding and citation.

  • Regulated industries

    It can run on a dedicated Model Vault instance or on your own infrastructure, so sensitive documents stay in an environment you control.

  • Teams already using Cohere search

    Parse works alongside Cohere's Embed and Rerank models and comes built into the Compass search platform.

How much does Cohere Parse 5 cost?

Cohere Parse 5 costs $1.50 per 1,000 pages on the Cohere API, or from $4 an hour ($2,500 a month) on a dedicated Model Vault instance, and a free trial key covers testing but not production use.

Trial API key$0Per month
  • Up to 1,000 API calls a month
  • Rate limited
  • Not for production or commercial use
API$1.50Per 1,000 pages
  • Pay as you go with a production key
  • Reads tables, forms and handwriting
  • Structured output with bounding boxes
Model Vault Medium$4.00Per hour per instance
  • Or $2,500 a month per instance
  • Dedicated, single-tenant managed instance
  • No shared resources with other customers
Model Vault XL$7.00Per hour per instance
  • Or $4,300 a month per instance
  • XL performance tier, one tenant only
  • Monthly or yearly commitments available

Model Vault is billed by the hour or on longer monthly or yearly commitments. Parse is also sold through Microsoft Foundry and AWS SageMaker, and inside Cohere's Compass search platform, which is priced by sales. Cohere also runs a free online demo where you can try Parse on your own documents without a key. Full pricing on cohere.com. We checked these prices on .

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What are the best Cohere Parse 5 alternatives?

One tool on Recaply does Cohere Parse 5's job. It is open source, so you can run it on your own server.

Questions about Cohere Parse 5

What is Cohere Parse 5?

Cohere's document extraction to Markdown and blocks, priced per 1,000 pages.

Who is Cohere Parse 5 for?

Cohere Parse 5 is best for enterprises that turn large volumes of scans and PDFs into Markdown for RAG.

Is Cohere Parse 5 free?

Only for testing. Every Cohere account gets a free trial API key with up to 1,000 API calls a month, but Cohere does not allow trial keys for production or commercial work. Production use of Cohere Parse 5 costs $1.50 per 1,000 pages.

How much does Cohere Parse 5 cost?

Cohere Parse 5's paid plans are API at $1.50 per 1,000 pages, Model Vault Medium at $4.00 per hour per instance and Model Vault XL at $7.00 per hour per instance.

Is there an open source alternative to Cohere Parse 5?

Yes. GLM-OCR is an open source tool that does the same job, so you can run your own.

What are the best Cohere Parse 5 alternatives?

The closest alternatives on Recaply are GLM-OCR.

Where can I try Cohere Parse 5?

On its official website, cohere.com.

Is Cohere Parse 5 cheaper on Model Vault than on the API?

It can be at high volume. Cohere says a dedicated Model Vault instance cuts inference cost by 23% against the $1.50 per 1,000 pages API price at 50% GPU use, and by up to 61% when fully used. Vault starts at $4 an hour or $2,500 a month.