How much does o3-mini cost?
o3-mini costs $1.1 per million input tokens and $4.4 per million output tokens (January 2026).
Last updated: 2026-01
Pricing
Input
$1.10
per 1M tokens
Output
$4.40
per 1M tokens
Specifications
Tier
high
Capabilities
reasoningmathcode
Frequently Asked Questions
How much does o3-mini cost?
o3-mini costs $1.1 per million input tokens and $4.4 per million output tokens as of January 2026. For example, processing 1,000 tokens costs $0.001100 for input.
Is o3-mini worth the price?
o3-mini is a balanced choice offering good quality at reasonable cost. Efficient o3 variant balancing reasoning and cost.
What are alternatives to o3-mini?
Alternatives to o3-mini include models from Anthropic (Claude), Google (Gemini). Compare pricing and capabilities on our AI Pricing page.
Cost Calculator
VolumeInput CostOutput Cost
1K tokens$0.0011$0.0044
10K tokens$0.011$0.044
100K tokens$0.110$0.440
1M tokens$1.10$4.40
Prices based on official OpenAI documentation. Actual costs may vary.
Alternative Models
Last updated: 2026-01