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GPT-4o-mini (2024-07-18) Pricing
OpenAI · openai-gpt-4o-mini-2024-07-18
Input / 1M tokens
$0.150
Output / 1M tokens
$0.600
Context window
128k tokens
≈ 171 pages of text
Max output
16,384 tokens
What it costs in practice
Typical request (1,200 in + 400 out tokens)$0.0004
1,000 requests / month$0.42/mo10,000 requests / month$4.20/mo100,000 requests / month$42.00/moEstimate your own workloadOpens the calculator with GPT-4o-mini (2024-07-18) preloaded — adjust volume and token counts there.
Price history
Only one price point recorded so far.
The staircase chart appears once a price change is detected.
What it excels at
Handles high-volume classification, extraction, summarization, and basic vision tasks at low latency and cost.
The business tradeoff
Weaker multi-step reasoning and instruction following than GPT-4o; may need additional prompting or chaining for complex workflows.
Cheaper from OpenAI
Head-to-head
Vendor list rates, as of Jun 15, 2026 · source: openrouter · per-request examples assume 1,200 input + 400 output tokens.