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Speech-to-text

Speechmatics

UK speech recognition vendor with Melia 1 multilingual, Enhanced and Standard models; choice of EU, US or Australia processing.

Processing location is a self-serve choice of EU, US or Australia, with on-prem containers on enterprise contracts, from a vendor based in Cambridge, UK. Melia 1 costs $0.24/hour pre-recorded and $0.40/hour real-time, while the single-language Enhanced model is $0.75/hour. The advertised "from $0.12/hr" only applies when the 33% model-training discount is stacked with the top annual-commitment discount, so budget on list rates unless both suit you.

Headquarters
馃嚞馃嚙 United Kingdom
Parent jurisdiction
馃嚞馃嚙 United Kingdom
EU self-serve plan
Available; check eligible plans and regions
GDPR DPA
Yes
Billing
payg
Free tier
$100 one-time sign-up credit, no card required.
Open source
No
Website
www.speechmatics.com
Source last checked
2026-10-06
Pricing evidence
Published rates

Pricing

Calculated from the listed vendor rates; exclusions still apply. How to read these estimates.

Audio hour
$0.24
Allowances, plan limits & calculation details

Rates are shown at their recorded precision. A zero means no charge in this calculation; the vendor may charge for things we leave out. See the notes for usage assumptions and currency conversions.

Base fee / month
$0
Included audio hours / month
0
Audio hour
$0.24

List (base) pay-as-you-go rates, pre-recorded: Melia 1 (general multilingual, 56 languages) $0.24/hour, Enhanced (highest accuracy, single language) $0.75/hour, Standard $0.45/hour, Oak 1 Medical $0.30/hour. Real-time: Melia 1 $0.40/hour, Enhanced $0.80, Standard $0.45, Linden 1 voice-agent model $0.30. The headline "from $0.12/hr" ($0.38 Enhanced, $0.23 Standard) stacks a 33% model-training discount (opting in to data use for training) with the top 25% annual-commitment discount. Credit subscriptions save 1-15% monthly or 5-25% annually; credit packs up to 20%. Add-ons: translation $0.49/hour, chapters $0.30, topics $0.15, summaries and sentiment $0.09. Prices in USD. Billed per second. Self-serve accounts can choose EU, US or Australian processing; on-prem containers on enterprise contracts. Cambridge, UK.

Managed alternatives

At 1,000 audio hours / month. Adjust usage and requirements.

Speechmatics: $2,880/yr estimated.

The price difference leaves out migration costs, operating costs and any features you鈥檇 need to replace.

Self-hosted options

Operating cost is not estimated. These options are not counted as savings against managed services.

Other speech-to-text comparisons

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