A practical guide to reducing LLM token costs in RAG and agentic pipelines using two context compression strategies: extraction-based (LLMChainExtractor) and selection-based (LLMChainFilter) via LangChain. Covers precise token counting with TikToken, implementing both approaches against the same FAISS-backed retrieval pipeline, comparing token reduction percentages, and calculating real-dollar savings at scale. Also addresses best practices like avoiding over-compression, caching compressed results, layering selection before extraction for maximum reduction, and handling production edge cases.

15m read timeFrom sitepoint.com
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Table of contents
How to Optimize Token Usage with Context CompressionTable of ContentsWhy Token Optimization Matters NowHow Context Windows Drain Your BudgetExtraction vs. Selection: When to Use WhichImplementing Context Compression with LangChainMeasuring Real-Dollar SavingsBest Practices and PitfallsNext Steps
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