OpenAI › GPT-5 Mini › Pricing

GPT-5 Mini pricing

API list price by OpenAI · same on Azure · checked Oct 23, 2026
Benchmarks and alternatives →
$0.25 / $2per 1M tokens in / out
$0.025cache read · −90%
#85on OpenRouter by tokens · 120.5B / week

Price sheetper 1M tokens

Input$0.25list
Output$2
Cache read$0.025−90% vs input
Context · max output400K · 128Ktokens

Where to buy2 providers · per 1M tokens

ProviderInputOutputContext
Azure$0.25$2400K
OpenAIlab$0.25$2400K

In OpenAI's line-upper 1M in / out

GPT-6 Luna$0.10 / $0.50−71%
GPT OSS Safeguard 120B$0.15 / $0.60−62%
GPT-5.4 Nano (2026-03-17)$0.20 / $1.25−33%
GPT-5 Mini$0.25 / $2this model
GPT-5.4 Mini (2026-03-17)$0.75 / $4.502.5×
o3 Mini High$1.10 / $4.402.8×
o4 Mini High$1.10 / $4.402.8×
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Cheaper for the same workvs GPT-5 Mini at medium

MiMo v2.6 Pro thinkingOpen-21%score ×2.2$0.13
DeepSeek V4.1 Flash 1017 maxOpen-24%score ×2.2$0.26
Claude Haiku 5.5 max-71%score ×2.1$0.21
MiniMax M3.1 Flash thinking-62%score ×2.1$0.22
GLM 5.3 Flash maxOpen-65%score ×2$0.28

Pricing questions

How much does GPT-5 Mini cost?›

$0.25 per 1M input tokens and $2 per 1M output tokens on OpenAI's API and Azure. Cached input is $0.025.

Is GPT-5 Mini free to use?›

There is no free API tier.

How much does prompt caching save?›

Cache reads cost $0.025 per 1M, 90% below the input price.

Is GPT-5 Mini cheaper than GPT-4.1 Mini?›

Yes: $0.25 / $2 against $0.40 / $1.60, 2% less per token.

What is a cheaper alternative to GPT-5 Mini?›

MiMo v2.6 Pro at thinking effort costs -21% per task with a score ×2.2 on Humanity's Last Exam.