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MiniMax: MiniMax M1 API Pricing

MiniMax: MiniMax M1 costs $0.550 per 1M input tokens and $2.20 per 1M output tokens. Context window: 1M. Prices verified 2026-10-21 · source

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Price history
2026-08-23 → 2026-10-21 · 59 daily snapshots
inputoutput

Rebuilt daily from our snapshot archive — the chart appears once a model has 5+ snapshots of history.

Pricing behavior
4 price changes in the last 59 daily snapshots
Changes roughly every 7.7 days
Last move (2026-10-01): input +37.5%

From our own daily snapshot archive — independent of provider announcements.

Intelligence & capability
via Artificial Analysis
11.7
Intelligence index · top 72% of 288 scored
$0.9625
Blended $/1M (3:1 in:out)

Intelligence measures reasoning/knowledge/coding benchmarks. A high score with a low blended price = value pick; check the value chart to see where this model lands.

Input / 1M tokens
$0.550
Output / 1M tokens
$2.20
Context window
1M
Max output
40K
Reasoning behavior
Mode: Off by default (opt-in)

Higher effort = deeper thinking = more reasoning tokens billed as output.

Knowledge cutoff
2024-06-30

Training data ends here — newer events require retrieval or web search.

What would MiniMax: MiniMax M1 cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$13.20
Coding agent5,0008,000 / 2,000$44.00
RAG pipeline30,0004,000 / 500$99.00
Doc summarizer2,00020,000 / 1,000$26.40

Estimates use list prices without prompt caching. Caching can cut input cost by up to 90% on repeated context.

About MiniMax: MiniMax M1

MiniMax-M1 is a large-scale, open-weight reasoning model designed for extended context and high-efficiency inference. It leverages a hybrid Mixture-of-Experts (MoE) architecture paired with a custom "lightning attention" mechanism, allowing it...

Compare MiniMax: MiniMax M1 with

Popular head-to-heads — see all on the comparisons index.

Frequently asked questions

How much does MiniMax: MiniMax M1 cost?

MiniMax: MiniMax M1 costs $0.550 per 1M input tokens and $2.20 per 1M output tokens. Verified 2026-10-21 — provider source.

What is the context window?

1M tokens, with up to 40K output tokens per response. That's roughly 1250 pages of text in a single request.

Does it support prompt caching?

Prompt-caching pricing is not published for this model via OpenRouter.

What's a cheaper alternative?

ScaleDown: Summarize saves about 97% on a typical workload with comparable quality.

Official resources