OpenAI Model Pricing

GPT-4o mini

Cost-efficient small model that's smarter and cheaper than GPT-3.5 Turbo, with vision capabilities. 128K context, October 2023 knowledge cutoff.

TypeStandard PriceBatch API Price*Cached Price**
Input tokens$0.150 / 1M tokens$0.075 / 1M tokens$0.075 / 1M tokens
Output tokens$0.600 / 1M tokens$0.300 / 1M tokens-

o1-mini

Fast, cost-efficient reasoning model tailored to coding, math, and science use cases. 128K context, October 2023 knowledge cutoff.

TypeStandard PriceCached Price*
Input tokens$3.00 / 1M tokens$1.50 / 1M tokens
Output tokens**$12.00 / 1M tokens-

* Batch API: Responses returned within 24 hours for 50% discount

** Cached prompts offered at 50% discount compared to uncached prompts

*** Output tokens include internal reasoning tokens not visible in API responses

Token conversion: ~750 words = 1,000 tokens