NVIDIA H200 NVL rental price
Median $3.79/GPU-hr on-demand · across 1 provider · Updated 2026-08-11 02:50 UTC · Anatomy ↓
Price history
Each point is the daily cross-provider median for this SKU and pricing type (per-provider medians first, so no marketplace’s volume dominates). Gaps are gaps — we don’t interpolate missing data.
The spread: the same NVIDIA H200 NVL ranges from $3.44 to $3.79 per hour across tracked providers right now — a 1.1× difference. This is why we exist.
Where to rent it
| Provider | Type | Region | $/GPU-hr | Seen |
|---|---|---|---|---|
 Vast.ai | Spot | US | $3.33 | 2026-08-10 21:56 UTC |
| Vast.ai | On-demand | CZ | $3.44 | 2026-08-10 21:56 UTC |
 RunPod | On-demand | — | $3.79 | 2026-08-11 02:50 UTC |
Prices are as listed by providers at scrape time; availability at a listed price isn’t guaranteed. Links marked ↗ may be affiliate links — they never affect prices shown or ordering.
Anatomy: why it costs this
Everything that has to exist before one H200 NVL-hour can be rented — then the arithmetic on the parts that can be priced honestly.
Power basis: vendor GPU TDP only — full-server draw runs meaningfully higher × PUE 1.54 × 8.71¢/kWh (0.92 kWh from the grid). Water bounded at 1.8 L/kWh and $5/m³ — deliberately high. The residual is hardware amortization, facility, staff, and margin — presented as a residual because vendors don’t publish server street prices, and we don’t print numbers we can’t stand behind.
Verified inputs & sources
- NVIDIA H200 NVL power basis: 0.6 kW — NVIDIA specifications
- US industrial electricity, average retail: 0.0871 $/kWh — EIA Electric Power Monthly (May 2026, preliminary) (checked 2026-08-10)
- Industry average PUE: 1.54 × — Uptime Institute Global Survey 2025 (weighted avg; ~flat six years) (checked 2026-08-10)
- Best-in-class fleet PUE (Google, 2025): 1.09 × — Google data center efficiency (2025 fleet average) (checked 2026-08-10)
- Water usage effectiveness, evaporative-cooling upper range: 1.8 L/kWh — Operator-reported WUE ranges (~0.2 hyperscaler best → ~1.8 evaporative) (checked 2026-08-10)
- Industrial water price, generous upper bound: 5 $/m³ — Upper-bound assumption (US industrial rates are typically well below this) (checked 2026-08-10)
- Reference context with the arithmetic shown — never fed into the Index or any published series (see methodology).
One email when the NVIDIA H200 NVL daily median hits your number. No account, one-shot, the alert retires after it fires.
Last scrape: 2026-08-11 02:51 UTC · 654 observations today across 8 providers · Failures logged, never interpolated.
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