diff --git a/tokio/src/task/consume_budget.rs b/tokio/src/task/consume_budget.rs
new file mode 100644
index 00000000000..c8b2d7e5ceb
--- /dev/null
+++ b/tokio/src/task/consume_budget.rs
@@ -0,0 +1,45 @@
+use std::task::Poll;
+
+/// Consumes a unit of budget and returns the execution back to the Tokio
+/// runtime *if* the task's coop budget was exhausted.
+///
+/// The task will only yield if its entire coop budget has been exhausted.
+/// This function can can be used in order to insert optional yield points into long
+/// computations that do not use Tokio resources like sockets or semaphores,
+/// without redundantly yielding to the runtime each time.
+///
+/// **Note**: This is an [unstable API][unstable]. The public API of this type
+/// may break in 1.x releases. See [the documentation on unstable
+/// features][unstable] for details.
+///
+/// # Examples
+///
+/// Make sure that a function which returns a sum of (potentially lots of)
+/// iterated values is cooperative.
+///
+/// ```
+/// async fn sum_iterator(input: &mut impl std::iter::Iterator<Item=i64>) -> i64 {
+///     let mut sum: i64 = 0;
+///     while let Some(i) = input.next() {
+///         sum += i;
+///         tokio::task::consume_budget().await
+///     }
+///     sum
+/// }
+/// ```
+/// [unstable]: crate#unstable-features
+#[cfg_attr(docsrs, doc(cfg(all(tokio_unstable, feature = "rt"))))]
+pub async fn consume_budget() {
+    let mut status = Poll::Pending;
+
+    crate::future::poll_fn(move |cx| {
+        if status.is_ready() {
+            return status;
+        }
+        status = crate::coop::poll_proceed(cx).map(|restore| {
+            restore.made_progress();
+        });
+        status
+    })
+    .await
+}
diff --git a/tokio/src/task/mod.rs b/tokio/src/task/mod.rs
index cebc269bb40..4057d535218 100644
--- a/tokio/src/task/mod.rs
+++ b/tokio/src/task/mod.rs
@@ -291,6 +291,11 @@ cfg_rt! {
     mod yield_now;
     pub use yield_now::yield_now;
 
+    cfg_unstable! {
+        mod consume_budget;
+        pub use consume_budget::consume_budget;
+    }
+
     mod local;
     pub use local::{spawn_local, LocalSet};
 
diff --git a/tokio/tests/rt_common.rs b/tokio/tests/rt_common.rs
index 1f7a378549b..14e19095933 100644
--- a/tokio/tests/rt_common.rs
+++ b/tokio/tests/rt_common.rs
@@ -1054,6 +1054,31 @@ rt_test! {
         });
     }
 
+    #[cfg(tokio_unstable)]
+    #[test]
+    fn coop_consume_budget() {
+        let rt = rt();
+
+        rt.block_on(async {
+            poll_fn(|cx| {
+                let counter = Arc::new(std::sync::Mutex::new(0));
+                let counter_clone = Arc::clone(&counter);
+                let mut worker = Box::pin(async move {
+                    // Consume the budget until a yield happens
+                    for _ in 0..1000 {
+                        *counter.lock().unwrap() += 1;
+                        task::consume_budget().await
+                    }
+                });
+                // Assert that the worker was yielded and it didn't manage
+                // to finish the whole work (assuming the total budget of 128)
+                assert!(Pin::new(&mut worker).poll(cx).is_pending());
+                assert!(*counter_clone.lock().unwrap() < 1000);
+                std::task::Poll::Ready(())
+            }).await;
+        });
+    }
+
     // Tests that the "next task" scheduler optimization is not able to starve
     // other tasks.
     #[test]