MiniMax: MiniMax M2 API Pricing
MiniMax: MiniMax M2 costs $0.255 per 1M input tokens and $1.02 per 1M output tokens. Context window: 205K. Prices verified 2026-10-21 · source
Alternatives to consider
93% cheaper with nearly identical quality (20.1 vs 18.6)
+33.4 quality points for 1% more
Rebuilt daily from our snapshot archive — the chart appears once a model has 5+ snapshots of history.
High adoption means battle-tested weights, more fine-tunes/quants, and faster bug fixes. View on HuggingFace →
From our own daily snapshot archive — independent of provider announcements.
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.
Higher effort = deeper thinking = more reasoning tokens billed as output.
What would MiniMax: MiniMax M2 cost you per month?
| Workload | Requests/mo | Avg tokens (in/out) | Est. monthly cost |
|---|---|---|---|
| Light chatbot | 10,000 | 800 / 400 | $6.12 |
| Coding agent | 5,000 | 8,000 / 2,000 | $20.40 |
| RAG pipeline | 30,000 | 4,000 / 500 | $45.90 |
| Doc summarizer | 2,000 | 20,000 / 1,000 | $12.24 |
Estimates use list prices without prompt caching. Caching can cut input cost by up to 90% on repeated context.
About MiniMax: MiniMax M2
MiniMax-M2 is a compact, high-efficiency large language model optimized for end-to-end coding and agentic workflows. With 10 billion activated parameters (230 billion total), it delivers near-frontier intelligence across general reasoning,...
Compare MiniMax: MiniMax M2 with
- MiniMax M2 vs OpenAI: GPT-5.6 Terra Pro
- MiniMax M2 vs Anthropic: Claude Fable 5
- MiniMax M2 vs Anthropic: Claude Opus 5
- MiniMax M2 vs OpenAI: GPT-5.6 Sol
Popular head-to-heads — see all on the comparisons index.
Frequently asked questions
How much does MiniMax: MiniMax M2 cost?
MiniMax: MiniMax M2 costs $0.255 per 1M input tokens and $1.02 per 1M output tokens. Verified 2026-10-21 — provider source.
What is the context window?
205K tokens, with up to 131K output tokens per response. That's roughly 256 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 94% on a typical workload with comparable quality.
Official resources
- MiniMax: MiniMax M2 on OpenRouter — live endpoint, pricing source of record.
- Artificial Analysis leaderboard → — independent intelligence and performance rankings.
- Shred your current bill — paste a CSV and see if switching saves money.