GPT-4o Mini API Pricing

GPT-4o Mini pricing: $0.15/1M input tokens, $0.6/1M output tokens, $0.075/1M cached tokens. Budget-friendly.

GPT-4o Mini is OpenAI's budget-friendly model, best suited for high-volume, low-cost tasks. It costs $0.15 per 1M input tokens and $0.6 per 1M output tokens, with a 128K token context window. At typical usage (10K input tokens, 2K output tokens per call, 1,000 calls per day), GPT-4o Mini costs approximately $81 per month. With prompt caching enabled at a 50% discount, cached input drops to $0.075/1M tokens — significant for applications with repeated system prompts. For lower costs, DeepSeek V4 Flash (DeepSeek) offers input at $0.14/1M. For higher capability, Llama 4 Maverick (Groq) costs $0.2/1M input. At this price point, GPT-4o Mini is ideal for high-volume production workloads: classification, extraction, summarization, and chatbots where cost per query matters more than peak intelligence. On a per-request basis, sending 1,000 input tokens to GPT-4o Mini costs $0.00015, and generating 1,000 output tokens costs $0.0006. A typical chatbot exchange (500 tokens in, 300 tokens out) runs about $0.000255 per message. At scale, small per-request cost differences compound quickly — a model that costs 2x more per token costs 2x more at any volume. All pricing shown here is sourced from OpenAI's official pricing page and verified regularly. LLM providers may change pricing without notice. Always confirm current rates on the provider's website before making purchasing decisions. The cost calculator on this page lets you estimate monthly spending based on your actual token usage and call volume. OpenAI applies standard rate limits to GPT-4o Mini API keys. Check the provider dashboard for your current tier and request higher limits if needed. To get started, create an API key from the OpenAI developer console, install the provider's SDK (openai npm package), and make your first API call with a small prompt to verify connectivity and measure actual latency. Most providers offer a free tier or credits for new accounts — use these to benchmark GPT-4o Mini against your specific workload before committing to a paid plan.

FAQ

  • How much does GPT-4o Mini cost per 1M tokens?

    GPT-4o Mini costs $0.15 per 1M input tokens and $0.6 per 1M output tokens. Cached input tokens are available at $0.075 per 1M, a 50% discount.

  • Is GPT-4o Mini cheap or expensive?

    GPT-4o Mini is one of the more affordable LLM APIs at $0.15/1M input tokens. It competes with other budget models for high-volume workloads.

  • What is the context window of GPT-4o Mini?

    GPT-4o Mini supports a context window of 128K tokens. This determines how much text you can send in a single API call — including system prompts, conversation history, and the actual query.

  • Does GPT-4o Mini support prompt caching?

    Yes. OpenAI offers cached input at $0.075/1M tokens — a 50% discount over the base input price. This helps with repeated system prompts and few-shot examples.

  • How to reduce GPT-4o Mini API costs?

    Three strategies: (1) Enable prompt caching if your provider supports it — savings of up to 90% on repeated input. (2) Route simple queries to cheaper models. (3) Reduce output tokens with concise instructions.

  • How much does one GPT-4o Mini API call cost?

    A typical request with 500 input tokens and 300 output tokens costs approximately $0.000255. The exact cost depends on your prompt length and desired response length. Use the cost calculator above to estimate for your specific usage pattern.