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Model profile · OpenAI

o4-mini pricing

o4-mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens, with a 200K context window. Rates verified against the official OpenAI pricing page as of 2026-08-26.

Input

$1.10 /1M in

cached: $0.275

Output

$4.40 /1M out

4.0× the input rate

Context window

200K tokens

≈ 150,000 words

o4-mini at a glance

Input / 1M tokens $1.10
Cached input / 1M $0.275
Output / 1M tokens $4.40
Context window 200K tokens
≈ English words of context 150,000
Provider OpenAI
Price verified 2026-08-26

Source: OpenAI official pricing page. We re-verify every model monthly.

What o4-mini costs per month

Workload o4-mini monthly cost Per request
Side-project chatbot 30K req · 2,000 in · 500 out · 40% cached $112.20/mo $0.0037
Coding agent 500K req · 12,000 in · 1,500 out · 70% cached $6,435/mo $0.013
Bulk extraction 2,000K req · 800 in · 120 out · 20% cached $2,552/mo $0.0013

Computed from list prices verified 2026-08-26. Cache savings blend normal and cached input rates by the hit rate. Compare against every other model at your exact volumes on the API Cost Calculator.

How much context is 200K tokens?

About 150,000 English words — roughly 300 pages of text — or several large codebases. Filling the entire window once costs $0.220 in input tokens at list price, before the model generates a single output token. Count your real documents with the AI Token Counter.

Frequently asked questions

How much does o4-mini cost per million tokens?

o4-mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens, with cached input at $0.275. Rates are verified against OpenAI's official pricing page as of 2026-08-26.

How big is o4-mini's context window?

o4-mini ships a 200K token context window — roughly 150,000 English words, or about 300 pages of text. Filling the entire window once costs $0.220 in input tokens at list price.

Is o4-mini cheap or expensive compared to other models?

Among the 22 models we track, o4-mini ranks #10 on input price — cheapest is GPT-5 nano at $0.05, priciest is Claude Fable 5 at $10.00. At $1.10 per 1M input, o4-mini runs 22.0× the cheapest tier. Compare it head-to-head with its rivals on the model comparison pages.

What is cached input pricing on o4-mini?

o4-mini charges $0.275 per 1M cached input tokens — 25% of its $1.10 base input rate. If your requests repeat context (system prompts, documents, conversation history), prompt caching cuts the input portion of your bill accordingly. Model the exact savings on the API Cost Calculator.

Compare o4-mini against

More OpenAI models

Or see all rates on the Pricing Comparison.