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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 2026-08-23 Β· source

Input / 1M tokens
$0.550
Output / 1M tokens
$2.20
Context window
1M
Max output
40K

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...

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Official resources