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Balanced — strong quality at a mid priceOpen Weights
MiniMax M1 Pricing
MiniMax · minimax-minimax-m1
Input / 1M tokens
$0.550
Output / 1M tokens
$2.20
Context window
1M tokens
≈ 1,333 pages of text
Max output
40k tokens
What it costs in practice
Typical request (1,200 in + 400 out tokens)$0.0015
1,000 requests / month$1.54/mo10,000 requests / month$15.40/mo100,000 requests / month$154.00/moEstimate your own workloadOpens the calculator with MiniMax M1 preloaded — adjust volume and token counts there.
Price history
List price per 1M tokens since we started tracking in Jun 2026. Each step marks a price change — hover a point for the exact date and rate.
What it excels at
Supports 1M-token context and 40k output at low per-token cost, suitable for long-document summarization and batch text processing workloads.
The business tradeoff
Open-weights model with limited third-party benchmarks and ecosystem tooling; output quality and consistency lag behind closed flagship models on complex reasoning tasks.
Cheaper from MiniMax
Head-to-head
Vendor list rates, as of Jul 15, 2026 · source: openrouter · per-request examples assume 1,200 input + 400 output tokens.