TEXTOpenAI

o3-mini Pricing

Efficient o3 variant balancing reasoning and cost.

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.

Last updated: 2026-01