Eleven v4 vs Eleven v3

Eleven v4 is the model ElevenLabs released on 28 September 2026, six months after Eleven v3 reached general availability. Both read the same four scripts on fal with the Sarah voice at stability 0.5 and no audio tags: v3 on 10 September, v4 on 22 October.

Anvisha Pai

Anvisha Pai, Co-founder & CEO, Voyager

Verified

Which to use

Switch to v4 for new work, unless a pipeline is tuned to v3's delivery. On fal v4 costs $0.08 per thousand characters against v3's $0.10, read on 22 October and 10 September 2026, and it returned every reading sooner: four to eight seconds against seven to ten. ElevenLabs' own API now charges $0.08 for both. ElevenLabs says v4 is more emotive and follows tags and pronunciation more closely. We have not judged either voice by ear; press play on each pair below. The readings differ in pace: v4 took two seconds longer over the narration paragraph and two seconds less over the names and numbers. One reading per script is a first look, not a ranking.

Side by side, measured

Eleven v4Eleven v3
VendorElevenLabsElevenLabs
Released2026-09-282026-03-14
Price$0.08 per 1,000 characters via fal$0.10 per 1,000 characters via fal
Seconds per reading4 to 87 to 10
4 readings cost$0.0781$0.0976
VoicesTwenty named stock voices on fal, the same list as Eleven v3; we used Sarah, as on v3Twenty named stock voices on fal, from Aria to Bill; we used Sarah

Seconds and cost are from our own runs of the same 4 scripts through each model.

The same 4 scripts, Eleven v4 against Eleven v3

One try each, nothing re-rolled or retouched, generated by us. Eleven v4 is on the left, Eleven v3 on the right.

Ad read

14.1 seconds from v4 against 13.8 from v3.

Eleven v44s · $0.017
Eleven v37s · $0.0213
›What we asked for

Meet the Ember mug. It keeps your coffee at exactly the temperature you choose, for up to ninety minutes, and it tells your phone when it's ready. Warm from the first sip to the last. Ember. Coffee, on your terms.

Explainer paragraph

v4 read the paragraph in 26.4 seconds, the longest on the site; v3 took 24.5.

Eleven v48s · $0.0308
Eleven v310s · $0.0385
›What we asked for

A pour-over works in four steps. First, rinse the paper filter with hot water so it doesn't taste of paper. Second, add the grounds and pour just enough water to wet them, then wait thirty seconds while they bloom. Third, pour the rest of the water in slow circles. Fourth, wait about three minutes for it to drip through. That's it: a cup that tastes like the coffee, not the machine.

Emotional line

14.9 seconds from v4, 13.0 from v3. Neither had audio tags, so both performed from the words alone.

Eleven v45s · $0.0142
Eleven v37s · $0.0177
›What we asked for

We did it! We actually did it! I can't believe it's finally over. Okay. Okay, deep breath. Let's not tell anyone until Monday, alright? Just... let me have this one quiet night.

Names, dates and prices

v4 was quicker here: 22.3 seconds against 24.7.

Eleven v47s · $0.0161
Eleven v38s · $0.0201
›What we asked for

Your order ships on the 24th of September 2026 and arrives by 9:15 a.m. The total is $1,249.99, including VAT. Questions? Ask for Siobhan Nguyen or Ravi Parikh on 0800 555 0199, or email help@moda.app.

Frequently asked questions

Is Eleven v4 cheaper than Eleven v3?

On fal, yes: $0.08 against $0.10 per thousand characters. On ElevenLabs' own API both are $0.08, read on 22 October 2026.

Is Eleven v4 faster?

On our four scripts through fal, v4 returned in four to eight seconds and v3 in seven to ten. For real-time use ElevenLabs points to Eleven v4 Turbo.

Were both run the same way?

Same scripts, same Sarah voice, stability 0.5, no audio tags, one attempt each, through fal. v3 ran on 10 September and v4 on 22 October 2026.

Anvisha Pai

Anvisha Pai

Co-founder & CEO, Voyager

Anvisha is the CEO of Voyager and a repeat, Y Combinator-backed startup founder. She was previously a PM at Dropbox. She believes nobody should need a design degree to make something that looks great.

Voyager

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