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OpenAI pricing

o4-mini Cost Calculator

o4-mini is OpenAI's latest reasoning model with sharper STEM/coding/math chains. Drop-in upgrade from o3-mini at lower cost.

Input
$0.90
per 1M tokens
Output
$3.60
per 1M tokens
Context window
200K
tokens
Released
2026-01
Cutoff 2025-10
✓ Exact tokenizer·$0.90 in·$3.60 out (per 1M)
Quick start with a use case
Total cost per call$0.002700
Input$0.000900
Output$0.001800
Cost comparison
Standard
$0.002700
With Caching
$0.002475
Save 8% ↓
With Batch
$0.001350
Save 50% ↓
Detailed pricing

o4-mini pricing breakdown

All pricing dimensions including caching and batch discounts.

TypePrice (per 1M tokens)
Input$0.9000
Output$3.6000
Cached input$0.4500
Batch input$0.4500
Batch output$1.8000

Last verified 2026-05-01 · OpenAI official pricing

How it compares

o4-mini vs alternatives

Single-call cost (1000 input + 500 output tokens) ranked from cheapest.

ModelPer call
o4-mini
OpenAI · this page
$0.002700
GPT-5 mini
OpenAI
$0.000600
DeepSeek V4
DeepSeek
$0.000900
Gemini 3.0 Flash
Google
$0.001250
Claude Haiku 4.5
Anthropic
$0.003500
Mistral Large 3
Mistral
$0.006250
Recommended use

When to choose o4-mini

o4-mini shines for complex multi-step reasoning, code generation and review, mathematical problem-solving, and scientific research and analysis. Token counts on this page are exact via the official tokenizer.

Context window of 200K tokens handles long conversations and large documents.
Prompt caching available — significant savings for repeated system prompts.
Batch API support for non-realtime workloads at ~50% discount.
Tool / function calling supported.
FAQ

Frequently asked questions

o4-mini costs $0.90 per 1M input tokens and $3.60 per 1M output tokens. A typical chat call (1000 input + 500 output tokens) costs approximately $0.0027. Use the calculator above to estimate your specific use case.