Iteration Layer
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Pricing
Document Extraction

Iteration Layer vs LlamaParse

LlamaParse turns documents into markdown. If you need structured data, you still have to parse the markdown.

Why developers switch from LlamaParse

LlamaParse outputs markdown — your code still needs to parse it into typed fields.

Structured data, not markdown

LlamaParse outputs markdown text — useful for feeding into an LLM context window, but not for extracting an invoice total, a date, or an IBAN. We return typed JSON matching the schema you define, ready to use without further parsing.

Confidence scores on every field

When a value is ambiguous or missing, LlamaParse produces text that looks plausible. We return a confidence score between 0 and 1 for every extracted field, so you know which values to trust and which to route to human review.

EU hosting with GDPR compliance

LlamaParse is US-based. We process all documents on EU servers with zero data retention and a Data Processing Agreement available for every customer.

Feature-by-feature comparison

We went through the docs so you don't have to. Here's how every feature compares — including the ones where we're not the better choice.

Feature Iteration Layer LlamaParse
Schema-defined extraction
Yes

Define extraction schemas with 17 purpose-built typed fields for structured output

No

Prompt-based parsing with unstructured markdown output

Typed field support
17 types

Choose from 17 typed schema fields including date, IBAN, currency, address, phone, email, and URL

None

No typed field extraction — output is unstructured markdown text

Confidence scores
Per field

Confidence score between 0 and 1 for every extracted schema field

No

No confidence scoring — ambiguous values appear as plausible-looking text

Source citations
Yes

Verbatim source citation from the document for every extracted field

No

No source citation linking extracted values back to document text

Multi-file support
Up to 20 files

Process up to 20 files in a single API request with merged extraction results

1 file

Each API request processes a single file

Supported input formats
40+ formats

Process 40+ formats — PDF, Office, EPUB, RTF, LaTeX, email, Jupyter, images, and more — in a single API endpoint

PDF, images, Office

Supports PDF, images, and various document formats for markdown conversion

Primary use case
Data extraction

Designed for structured data extraction to power business automation workflows

RAG parsing

Optimized for document parsing to feed into RAG and LLM pipelines

RAG pipeline fit
JSON output

Returns structured JSON which can be used in RAG pipelines but requires conversion

Native fit

Markdown output is ideal for direct use as LLM context in RAG pipelines

Complex layouts
Standard

Standard document layout analysis for common formats

Advanced

Strong handling of multi-column and mixed content layouts

LLM integrations
MCP server

MCP server for integration with AI agents and assistants

Native

Tight integration with LlamaIndex and LangChain ecosystems

EU hosting
EU only

All processing happens exclusively on EU-hosted servers

US-based

Processing infrastructure is located in the United States

Pricing
$0.033

1 credit per page

Per page

Free tier available

Infrastructure required
None

Fully managed API with no deployment or infrastructure to manage

None

Fully managed cloud API with no infrastructure to manage

GDPR / Data privacy
Zero retention

No files or results stored beyond temporary 90-day logs

US-based processing

Documents are processed through LlamaCloud's managed API

Data used for training
Never

Your data is never used to train or improve AI models — guaranteed for all plans

No

LlamaCloud states that customer data uploaded via the API is not used for training

Pricing

Start usage-based. Switch to a subscription when your volume becomes predictable.

Pay as you go

Usage-based

$0.033 to $0.022 / credit

Graduated pricing. Your effective rate decreases automatically as monthly usage grows.

  • No monthly commitment
  • Pay only for credits used
  • Automatic volume discounts as usage grows
Subscriptions

Predictable volume

From $29.99 /month

Fixed recurring credit packs with lower effective credit prices for steady usage.

  • Lower effective per-credit prices
  • Fixed recurring credit packs
  • Predictable monthly budget
All APIs included Free trial credits per API Project-based budget caps Auto overage billing

Still evaluating?

See how we compare — and where the competition still wins. Choosing the right tool shouldn't require a week of research.

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Free trial credits included.

Zero data retention Made & hosted in the EU $65 free trial credits