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Deepgram vs Speechmatics

Our take

Pick Deepgram if you're voice-app and contact-center engineers who will read a $/minute row and ship an API key. Pick Speechmatics if you're on a voice-agent and compliance team who will spend the $100 credits and then pay $/hr. Skip Deepgram if you're people who want a local transcribe CLI (OpenAI Whisper) with no vendor bill. Skip Speechmatics if you're people who want a VO file (Listnr) or MIT local STT (OpenAI

Speechmatics

Speechmatics

speech-to-text API for regulated audio

Best for

Deepgram Streaming or pre-recorded STT billed per minute

Speechmatics Batch or realtime STT with a public $/hr

Free plan

Deepgram No free plan

Speechmatics No free plan

Lowest paid

Deepgram Growth $4/yr

Speechmatics TTS $0.011

Next step up

Deepgram

Speechmatics Melia 1 $0.24

Coding agent

Deepgram Nova-3 STT

Speechmatics Linden 1

Watch out

Deepgram Streaming is metered while the socket is open

Speechmatics $100 credits expire in 12 months

Last checked

Deepgram 2026-10-20 · deepgram.com/pricing

Speechmatics 2026-10-27 · speechmatics.com/pricing

Which one, then?

Pick Deepgram if

voice-app and contact-center engineers who will read a $/minute row and ship an API key.

Read the Deepgram page

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