LlamaIndex
LlamaIndex is the pragmatic choice for a developer who wants retrieval over messy documents working this week: the open-source framework handles ingestion and querying, and LlamaParse does the hard part — tables, scans and layouts — as a paid API with a free tier large enough to prototype on. Teams that only need to chain model calls will find LangChain's ecosystem broader, and anyone parsing millions of pages should model the credit cost before committing, because agentic parsing multiplies the per-page rate.
Pros
- Open-source framework with commercial-friendly licensing and connectors for most file and data sources
- LlamaParse handles tables, multi-column layouts and scanned pages that plain text extractors mangle
- Free tier of 10,000 credits a month and a $50 Starter plan make the cost curve gentle at the start
- Enterprise options include private VPC and hybrid deployment, SSO and custom BAAs
Cons
- Credit pricing is opaque until you test: basic pages cost one credit, agentic and VLM parsing cost several times more
- The free tier allows file upload only, so connectors and external sources need a paid plan
- Rapid API and library changes mean tutorials and integrations go stale quickly
- Index limits (5 indexes, 50 files each on Free) are tight for anything beyond a demo