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Balancedstrong quality at a mid priceOpen Weights

MiniMax M2.1 Pricing

MiniMax · minimax-minimax-m2-1

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Input / 1M tokens
$0.300
Output / 1M tokens
$1.20
Context window
204,800 tokens
273 pages of text
Max output
131,072 tokens

What it costs in practice

Estimate your own workloadOpens the calculator with MiniMax M2.1 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 very long contexts with a 204k token window and high output capacity; open weights enable customization and on-premise deployment at low per-token cost.

The business tradeoff

Minimal public evaluation data and ecosystem tooling relative to major providers; output-token pricing and inference performance depend heavily on self-hosting infrastructure.

Cheaper from MiniMax

Same tier from other providers

Head-to-head

Vendor list rates, as of Jul 1, 2026 · source: openrouter · per-request examples assume 1,200 input + 400 output tokens.