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Balancedstrong quality at a mid priceCommercial API

GPT-5 Mini Pricing

OpenAI · openai-gpt-5-mini

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Input / 1M tokens
$0.250
Output / 1M tokens
$2.00
Context window
400k tokens
533 pages of text
Max output
128k tokens

What it costs in practice

Estimate your own workloadOpens the calculator with GPT-5 Mini preloaded — adjust volume and token counts there.

Price history

List price per 1M tokens since we started tracking in Jun 2026. The lines are flat because the price hasn't changed since then.

What it excels at

Handles long-context text and vision workloads at low cost with 400k input and 128k output windows.

The business tradeoff

Reasoning depth and complex task performance lag behind full-scale GPT-5 variants; output token pricing remains the dominant cost driver.

Cheaper from OpenAI

Same tier from other providers

Head-to-head

Vendor list rates, as of Jun 23, 2026 · source: openrouter · per-request examples assume 1,200 input + 400 output tokens.