The average cost of transcribing video or audio content varies depending on the type of transcription service you choose. Automated transcription services, which use artificial intelligence to transcribe audio or video files, typically cost around $0.25 per audio minute. For example, Rev offers automated transcription services at this rate. On the other hand, human-generated transcriptions tend to be more expensive, with prices ranging from $1.35 to $1.50 per audio minute. For instance, GoTranscript, a company that provides low-cost human-generated transcriptions, charges around this rate. Some transcription services may also offer additional features such as audio time coding, speaker tracking, and non-disclosure agreements, which may affect the overall cost. It's important to consider your specific needs and budget when choosing a transcription service.