The L4 is newer, with 3x the memory and 56% more bandwidth, and is cheaper right now.
At a glance
Memory
3x more on L4
- L4
- 24 GB
- P4
- 8 GB
Memory bandwidth
56% higher on L4
- L4
- 300 GB/s
- P4
- 192 GB/s
Cheapest on-demand
50% cheaper on L4
- L4
- $0.33 /GPU/hr
- P4
- $0.65 /GPU/hr
Price comparison
Median price per GPU per hour by billing type, with the cheapest listing under it.
| Billing | L4 | P4 | Difference |
|---|---|---|---|
| On-demand | $0.86 /GPU/hr from $0.33 | -- /GPU/hr from $0.65 | |
| Reserved | $0.52 /GPU/hr from $0.32 (36 mo) | -- /GPU/hr from $0.34 (36 mo) | |
| Spot | -- /GPU/hr from $0.29 | -- /GPU/hr from $0.10 |
Heads up: A provider's own page may quote a different figure, for example on tax, region or a promotion. A monthly-only plan shows a derived hourly rate. Medians are across providers, one vote each, so a large catalog does not outweigh a small one. No median for spot on the L4 and on-demand, reserved and spot on the P4: we only show one when at least 3 providers list the GPU on that billing type. Verify before provisioning. More on how we price.
Price history
L4 vs P4 price history
Weekly median on-demand price per GPU per hour
Specs comparison
| Spec | L4 | P4 | Difference |
|---|---|---|---|
| Memory | |||
| Capacity | 24 GB GDDR6 | 8 GB GDDR5 | 3x more on L4 |
| Bandwidth | 300 GB/s | 192 GB/s | 56% higher on L4 |
| Bus width | 192-bit | 256-bit | 33% wider on P4 |
| Compute · dense | |||
| FP8 | 242 TFLOPS | Not supported | L4 only |
| FP16 / BF16 | 121 TFLOPS | ||
| INT8 | 242 TOPS | 22 TOPS | 11x higher on L4 |
| FP32 | 30.3 TFLOPS | 5.5 TFLOPS | 5.5x higher on L4 |
| Platform | |||
| Interconnect | PCIe only | PCIe only | |
| Board power | 72 W | 75 W | Within 5% |
| Released | Q1 2023 | Q3 2016 | 6 years newer on L4 |
| Precision | |||
| Supported formats | FP8FP16BF16TF32FP32INT4INT8 | FP16FP32INT8 | |
Compute: Vendor peak figures, dense and per GPU. Not measured throughput.
Source: L4 datasheet and P4 datasheet.
Where to rent them
Providers that rent these GPUs, with each one's cheapest rate. No provider we track offers both right now.
| Provider | L4 | P4 |
|---|---|---|
|
|
$0.33 /GPU/hr On-demand | -- |
|
|
$0.44 /GPU/hr On-demand | -- |
|
|
$0.59 /GPU/hr On-demand | -- |
|
|
$0.59 /GPU/hr On-demand | -- |
|
|
$0.88 /GPU/hr On-demand | -- |
|
|
$1.04 /GPU/hr On-demand | -- |
|
|
$1.24 /GPU/hr On-demand PCIe | -- |
|
|
$0.40 /GPU/hr On-demand | -- |
|
|
-- | $0.65 /GPU/hr On-demand |
21 providers list the L4 and 1 the P4. Every listing is on the L4 page and the P4 page.
Similar GPUs
Other comparisons in the same class.
Our data for Nvidia L4 was last updated on Sept. 14, 2026, and for Nvidia P4 on Sept. 14, 2026.