Deepgram vs Speechmatics
Pricing and features, side by side. Checked October 14, 2026.
| Deepgram | Speechmatics | |
|---|---|---|
| Starting price | Nova-3 streaming $0.0048/min ($0.29/hr); $200 free credit | From $0.24/hr pay as you go (as low as ~$0.12/hr with discounts) |
| Billing | Pay as you go, billed per second | Pay as you go, per hour (credits) |
| Best for | Low-latency speech-to-text for voice agents | Multilingual transcription with language switching |
| Key features | Flux model with built-in turn detection | 56 languages with mid-sentence switching (Melia 1) |
| Per-second billing, no rounding | Voice agent model with turn detection (Linden 1) | |
| $200 free credit | $100 free credits |
Both sell real-time speech-to-text for voice agents and bill by the second. Deepgram's pay-as-you-go Nova-3 streams at $0.0048/min ($0.29/hr, promotional) and Flux, its turn-detecting agent model, at $0.0065/min ($0.39/hr), with $200 free credit. Speechmatics Linden 1 (turn detection and VAD) is $0.30/hr real-time, Melia 1 multilingual is $0.40/hr real-time or $0.24/hr on files, with $100 free credits; discounts can bring Melia files as low as about $0.12/hr.
Pick Deepgram for the lowest published Nova-3 streaming rate, a $200 free credit, and Flux for English or multilingual agent turns.
Pick Speechmatics if you need Melia's mid-sentence language switching across 56 languages, or Linden's agent turn detection at $0.30/hr.
Sources: Deepgram · Speechmatics