gpt-4o-mini pricing
gpt-4o-mini costs $0.50 per 1M input tokens and $1.50 per 1M output tokens as of 2026-09-12. A workload of 10M input and 2M output tokens per month runs $8.00. The cheapest comparable alternative is claude-haiku-4 at $1.00 per 1M output tokens.
gpt-4o-mini is priced at $0.50 per 1M input tokens and $1.50 per 1M output tokens, with roughly 180 ms to first token and about 80 tokens/sec output throughput.
Last updated . Model pricing is refreshed twice daily.
Price per 1M tokens
Input $0.50 · Output $1.50 · Output/input ratio 3.0x.
- 1M input + 1M output tokens: $2.00
- 10M input + 2M output tokens/month: $8.00
- 100M input + 20M output tokens/month: $80.00
Cheaper alternatives to gpt-4o-mini
Same workload, lower output price. Validate quality before switching.
- glm-5.2 — $1.40/1M output (7% cheaper)
- claude-3-haiku — $1.25/1M output (17% cheaper)
- gpt-5-nano — $1.20/1M output (20% cheaper)
- claude-haiku-4 — $1.00/1M output (33% cheaper)
How much are you wasting on gpt-4o-mini?
Price lists are the easy part. Run the free waste scanner on your usage export to see which calls should have run on a cheaper tier, which prompts are oversized, and which retries you paid for twice — with dollars recoverable per finding.
Frequently asked questions
How much does gpt-4o-mini cost per million tokens?
$0.50 per 1M input tokens and $1.50 per 1M output tokens, as listed on 2026-09-12.
What does gpt-4o-mini cost per month at typical usage?
At 10M input and 2M output tokens per month, gpt-4o-mini costs about $8.00. At 100M input and 20M output tokens it costs about $80.00.
Is there a cheaper alternative to gpt-4o-mini?
Yes. glm-5.2 at $1.40/1M output, claude-3-haiku at $1.25/1M output, gpt-5-nano at $1.20/1M output, claude-haiku-4 at $1.00/1M output. Validate quality on your own evaluation set before switching.
How fast is gpt-4o-mini?
Roughly 180 ms to first token and about 80 output tokens per second.