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Scribe v2 vs Nova-3

ElevenLabs's Scribe v2 and Deepgram's Nova-3 both target speech generation, but they price and behave differently. Here is the side-by-side.

Pricing checked against provider documentation on . How we verify

The short answer

Scribe v2 is the cheaper option — roughly 1.2x less on a blended workload, and it suits widest language coverage with diarization. Nova-3 justifies its premium when you need real-time streaming transcription.

Scribe v2

ElevenLabs • Scribe

stable

$0.00 / $

/ audio min (input / output)

Transcription across 99 languages with speaker diarization and word-level timestamps, billed at $0.22 per audio hour. Worth knowing that ElevenLabs credits are shared across its products, so heavy text-to-speech use can eat into the same allowance your transcription draws from.

Nova-3

Deepgram • Nova

stable

$0.00 / $

/ audio min (input / output)

Built for streaming rather than batch, with the low latency and concurrency handling that live captioning and voice agents need. Deepgram also sells a managed Voice Agent API on top, which bundles the LLM and TTS legs and prices per conversation minute rather than per transcription minute.

Input price

Nova-3 is 16% more expensive than Scribe v2 on input tokens.

Specification comparison

Attribute Scribe v2 Nova-3
Input (/ audio min) $0.00 $0.00
Output (/ audio min)
Cached input
Context window
Max output
Native reasoning No No
Knowledge cutoff
Relative latency medium low
Open weights No No
API model ID scribe-v2 nova-3
Status stable stable

Scribe v2: Published as $0.22 per audio hour. Entity detection adds $0.07/hour and keyterm prompting $0.05/hour. A realtime variant runs $0.39/hour (~$0.0065/min) at roughly 150 ms latency.

Nova-3: Batch pay-as-you-go rate for the monolingual model. Streaming is higher and quoted between $0.0048 and $0.0077/min depending on plan and source; multilingual adds roughly 20%. Confirm your tier in the console.

Choose Scribe v2 if…

  • Multilingual transcription with speakers
  • Subtitling with word timings
  • Interview and research archives
  • Pipelines already using ElevenLabs voices
Full Scribe v2 details →

Choose Nova-3 if…

  • Live captioning
  • Voice agents and IVR
  • Real-time meeting transcription
  • Call-centre analytics
Full Nova-3 details →

Frequently asked

Is Scribe v2 or Nova-3 cheaper?

Scribe v2 is cheaper. On a blended 3:1 input-to-output workload it costs about 1.2x less than Nova-3.

Which has the larger context window, Scribe v2 or Nova-3?

Both accept up to — tokens, so context is not a differentiator here.

Should I use Scribe v2 or Nova-3?

Pick Scribe v2 for widest language coverage with diarization. Pick Nova-3 for real-time streaming transcription. If cost dominates the decision, Scribe v2 wins; if you need the capability ceiling, benchmark both on your own evals before committing.

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