What Does GPT-4o Mini Cost?
GPT-4o Mini pricing: $0.15/$0.60 per 1M tokens (input/output). Context window: 128K. Best for high-volume, budget tasks, fine-tuning base.
Pricing Overview
| Metric | Value |
|---|---|
| Input price (per 1M tokens) | $0.15 |
| Output price (per 1M tokens) | $0.60 |
| Context window | 128K tokens |
| Speed (typical) | 130 tok/s |
| Provider | OpenAI |
Cost for Common Tasks
| Task | Input Tokens | Output Tokens | Cost |
|---|---|---|---|
| 1-page summary | ~800 | ~400 | <$0.001 |
| 10K token conversation | ~8,000 | ~2,000 | $0.0024 |
| Batch of 1,000 API calls | ~500K | ~500K | $0.3750 |
GPT-4o Mini vs Alternatives
| Model | Input (per 1M) | Output (per 1M) | Context | Speed | Quality |
|---|---|---|---|---|---|
| GPT-4o Mini | $0.15 | $0.60 | 128K | 130 tok/s | 75/100 |
| Gemini 2.0 Flash | $0.07 | $0.30 | 1M | 200 tok/s | 73/100 |
| Claude Haiku 4 | $0.80 | $4.00 | 200K | 150 tok/s | 78/100 |
| DeepSeek V3 | $0.27 | $1.10 | 128K | 60 tok/s | 82/100 |
When to Use GPT-4o Mini
- Best for: high-volume, budget tasks, fine-tuning base
- Context window: 128K tokens — handles most documents and conversations
- Speed: 130 tok/s — fast enough for real-time chat
- Quality: 75/100 — good for straightforward tasks
API Code Example with Cost Calculation
from openai import OpenAI
client = OpenAI()
response = client.chat.completions.create(
model="gpt-4o-mini",
messages=[{"role": "user", "content": "Summarize this document..."}],
max_tokens=1024
)
# Cost calculation
usage = response.usage
cost = (usage.prompt_tokens / 1_000_000) * 0.15 + (usage.completion_tokens / 1_000_000) * 0.6
print(f"Tokens: {usage.prompt_tokens} in / {usage.completion_tokens} out")
print(f"Cost: {cost:.6f}")
# Typical 1-page summary: ~<$0.001Monthly Cost Estimates
| Usage Level | Daily Tokens (in/out) | Monthly Cost |
|---|---|---|
| Light (personal project) | 50K / 25K | $0.67 |
| Medium (small SaaS) | 500K / 250K | $6.75 |
| Heavy (production app) | 5M / 2.5M | $67.50 |
FAQ
How much does GPT-4o Mini cost per API call?
A typical GPT-4o Mini API call with 1K input and 500 output tokens costs approximately <$0.001. Pricing is $0.15 per 1M input tokens and $0.60 per 1M output tokens.
Is GPT-4o Mini worth the price?
GPT-4o Mini scores approximately 75/100 on aggregate benchmarks. It is best suited for high-volume, budget tasks, fine-tuning base. At $0.15/$0.60 per 1M tokens, it offers competitive value for its quality tier.
What are cheaper alternatives to GPT-4o Mini?
Top alternatives: Gemini 2.0 Flash at $0.07/$0.30, Claude Haiku 4 at $0.80/$4.00, DeepSeek V3 at $0.27/$1.10. Use KickLLM's calculator to compare costs for your specific workload.
Prices last verified: April 2026. Pricing may change — always check provider websites for current rates.
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