# phi-4-mini pricing

> phi-4-mini costs $0.10 per 1M input tokens and $0.20 per 1M output tokens. Compare against cheaper alternatives and estimate your monthly bill — free, no login.

Source: https://tokenomy.ai/models/phi-4-mini
Last updated: 2026-09-12
Publisher: Tokenomy — FinOps for AI
License: free to quote with attribution and a link to the source URL.

## Answer

phi-4-mini costs $0.10 per 1M input tokens and $0.20 per 1M output tokens as of 2026-09-12. A workload of 10M input and 2M output tokens per month runs $1.40. The cheapest comparable alternative is gemini-2.5-flash-lite at $0.15 per 1M output tokens.

phi-4-mini is priced at $0.10 per 1M input tokens and $0.20 per 1M output tokens, with roughly 80 ms to first token and about 150 tokens/sec output throughput.

## Price per 1M tokens

Input $0.10 · Output $0.20 · Output/input ratio 2.0x.

- 1M input + 1M output tokens: $0.30
- 10M input + 2M output tokens/month: $1.40
- 100M input + 20M output tokens/month: $14.00

## Cheaper alternatives to phi-4-mini

Same workload, lower output price. Validate quality before switching.

- gemini-2.5-flash-lite — $0.15/1M output (25% cheaper)

## How much are you wasting on phi-4-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 phi-4-mini cost per million tokens?

$0.10 per 1M input tokens and $0.20 per 1M output tokens, as listed on 2026-09-12.

### What does phi-4-mini cost per month at typical usage?

At 10M input and 2M output tokens per month, phi-4-mini costs about $1.40. At 100M input and 20M output tokens it costs about $14.00.

### Is there a cheaper alternative to phi-4-mini?

Yes. gemini-2.5-flash-lite at $0.15/1M output. Validate quality on your own evaluation set before switching.

### How fast is phi-4-mini?

Roughly 80 ms to first token and about 150 output tokens per second.

## Related pages

- [Scan your AI spend free](https://tokenomy.ai/waste)
- [All model pricing](https://tokenomy.ai/models)
- [gemini-2.5-flash-lite pricing](https://tokenomy.ai/models/gemini-2-5-flash-lite)
- [Token cost calculator](https://tokenomy.ai/tools/token-calculator)