diff --git a/litellm/model_prices_and_context_window_backup.json b/litellm/model_prices_and_context_window_backup.json
index 8088fa28b521..940ba83fbbe5 100644
--- a/litellm/model_prices_and_context_window_backup.json
+++ b/litellm/model_prices_and_context_window_backup.json
@@ -22126,11 +22126,11 @@
         }
     },
     "bing_grounding/search": {
-        "input_cost_per_query": 0.035,
+        "input_cost_per_query": 0.014,
         "litellm_provider": "bing_grounding",
         "mode": "search",
         "metadata": {
-            "notes": "Grounding with Bing Search (G1 SKU): $35 per 1,000 transactions. Tokens for the Foundry model deployment that runs the grounded search are billed separately on that deployment."
+            "notes": "Grounding with Bing Search (G1 SKU): $14 per 1,000 transactions. Tokens for the Foundry model deployment that runs the grounded search are billed separately on that deployment."
         }
     },
     "tinyfish/search": {
diff --git a/model_prices_and_context_window.json b/model_prices_and_context_window.json
index 8088fa28b521..940ba83fbbe5 100644
--- a/model_prices_and_context_window.json
+++ b/model_prices_and_context_window.json
@@ -22126,11 +22126,11 @@
         }
     },
     "bing_grounding/search": {
-        "input_cost_per_query": 0.035,
+        "input_cost_per_query": 0.014,
         "litellm_provider": "bing_grounding",
         "mode": "search",
         "metadata": {
-            "notes": "Grounding with Bing Search (G1 SKU): $35 per 1,000 transactions. Tokens for the Foundry model deployment that runs the grounded search are billed separately on that deployment."
+            "notes": "Grounding with Bing Search (G1 SKU): $14 per 1,000 transactions. Tokens for the Foundry model deployment that runs the grounded search are billed separately on that deployment."
         }
     },
     "tinyfish/search": {
diff --git a/tests/search_tests/test_bing_grounding_search.py b/tests/search_tests/test_bing_grounding_search.py
index 3d1737477a14..9be390dd09aa 100644
--- a/tests/search_tests/test_bing_grounding_search.py
+++ b/tests/search_tests/test_bing_grounding_search.py
@@ -196,4 +196,6 @@ def test_connection_mode_tracks_the_g1_cost(self, monkeypatch: pytest.MonkeyPatc
         ):
             response = litellm.search(query="pricing check", search_provider="bing_grounding")
 
-        assert response._hidden_params["response_cost"] == pytest.approx(0.035)
+        # Microsoft Grounding with Bing Search pricing, accessed 2026-09-24:
+        # https://www.microsoft.com/en-us/bing/apis/grounding-pricing
+        assert response._hidden_params["response_cost"] == pytest.approx(0.014)