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MiniMax: MiniMax M3 API Pricing

MiniMax: MiniMax M3 costs $0.300 per 1M input tokens and $1.20 per 1M output tokens (cache reads: $0.060). Context window: 1.0M. 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.

Community adoption
209K
HF downloads
2K
Likes

High adoption means battle-tested weights, more fine-tunes/quants, and faster bug fixes. View on HuggingFace →

Pricing behavior
Stable — no price moves across our 59 daily snapshots (2026-08-23 → 2026-10-21).

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

Intelligence & capability
via Artificial Analysis
45
Intelligence index · top 15% of 288 scored
58.6
Coding index
29.5
Agentic index
$0.525
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
$0.300
Output / 1M tokens
$1.20
Context window
1.0M
Max output
512K

Token economics

Token typePricevs base input
Standard input$0.300—
Cache read$0.060−80%
Output$1.20—

Prompt caching stores repeated context server-side: reads cost far less, but writes carry a one-time premium.

Reasoning behavior
Mode: Off by default (opt-in)

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

What would MiniMax: MiniMax M3 cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$7.20
Coding agent5,0008,000 / 2,000$24.00
RAG pipeline30,0004,000 / 500$54.00
Doc summarizer2,00020,000 / 1,000$14.40

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

About MiniMax: MiniMax M3

MiniMax-M3 is a multimodal foundation model from MiniMax. It supports text, image, and video inputs with text output, a 1M-token context window, and is suited for long-horizon agentic work, coding,...

Compare MiniMax: MiniMax M3 with

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

Frequently asked questions

How much does MiniMax: MiniMax M3 cost?

MiniMax: MiniMax M3 costs $0.300 per 1M input tokens and $1.20 per 1M output tokens; cached input tokens cost $0.060 per 1M. Verified 2026-10-21 — provider source.

What is the context window?

1.0M tokens, with up to 512K output tokens per response. That's roughly 1311 pages of text in a single request.

Does it support prompt caching?

Yes — cached input is $0.060/1M, about 80% cheaper than standard input. Agents and RAG workloads with repeated context benefit most.

What's a cheaper alternative?

ScaleDown: Summarize saves about 95% on a typical workload with comparable quality.

Official resources