Frequently asked questions
How much does the o4-mini API cost?
o4-mini costs $1.1 per million input tokens and $4.4 per million output tokens, with cached input at $0.275 per million (75% off). Note: OpenAI lists o4-mini as succeeded by GPT-5 mini.
How much does a typical chat message cost with o4-mini?
A short chat message (about 500 input and 250 output tokens) costs roughly $0.0016 with o4-mini. At 1,000 such requests a day, that is about $49.50 per month.
Is o4-mini cheap compared to similar models?
o4-mini has the #12 cheapest input rate of the 26 models we track. On a mixed workload (10K input / 2K output), it costs $0.020 per request and $0.020 for Claude Haiku 4.5.
Related
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Last updated 2026-08-03. Prices verified againstOpenAI's official pricing page; see themethodology.