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OpenAI: o4 Mini API Pricing

OpenAI: o4 Mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens (cache reads: $0.275). Context window: 200K. 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
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
16.7
Intelligence index · top 58% of 288 scored
$1.925
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
$1.10
Output / 1M tokens
$4.40
Context window
200K
Max output
100K

Token economics

Token typePricevs base input
Standard input$1.10—
Cache read$0.275−75%
Output$4.40—
Web search tool$10/1k searches—

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

Reasoning behavior
Mode: Always on (mandatory)

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 OpenAI: o4 Mini cost you per month?

WorkloadRequests/moAvg tokens (in/out)Est. monthly cost
Light chatbot10,000800 / 400$26.40
Coding agent5,0008,000 / 2,000$88.00
RAG pipeline30,0004,000 / 500$198.00
Doc summarizer2,00020,000 / 1,000$52.80

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

About OpenAI: o4 Mini

OpenAI o4-mini is a compact reasoning model in the o-series, optimized for fast, cost-efficient performance while retaining strong multimodal and agentic capabilities. It supports tool use and demonstrates competitive reasoning...

Compare OpenAI: o4 Mini with

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

Frequently asked questions

How much does OpenAI: o4 Mini cost?

OpenAI: o4 Mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens; cached input tokens cost $0.275 per 1M. Verified 2026-10-21 — provider source.

What is the context window?

200K tokens, with up to 100K output tokens per response. That's roughly 250 pages of text in a single request.

Does it support prompt caching?

Yes — cached input is $0.275/1M, about 75% cheaper than standard input. Agents and RAG workloads with repeated context benefit most.

What's a cheaper alternative?

ScaleDown: Summarize saves about 99% on a typical workload with comparable quality.

Official resources