Claude 3 Haiku vs MiniMax-M1

Performance benchmarks + pricing comparison — updated April 2026

Claude 3 Haiku

Anthropic

Cheapest Claude model. Fast responses for simple tasks and basic coding.

Input$0.250/M
Output$1.25/M
Context200K tokens
Best ForSimple queries, fast responses, cost-sensitive tasks
Benchmark45/100

MiniMax-M1

MiniMax

MiniMax's flagship model. Strong performance in Chinese and English with competitive pricing.

Input$0.150/M
Output$0.600/M
Context4M tokens
Best ForChat applications, Chinese-English tasks, creative writing

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioClaude 3 HaikuMiniMax-M1Savings
Small Script (1K lines) $0.05 $0.02 MiniMax-M1 saves $0.02 (50%)
Medium Feature (10K lines) $0.34 $0.17 MiniMax-M1 saves $0.17 (49%)
Large Project (50K lines) $1.69 $0.86 MiniMax-M1 saves $0.82 (49%)
Code Review (5K lines) $0.07 $0.04 MiniMax-M1 saves $0.03 (45%)

Verdict

MiniMax-M1 wins on both price and performance — $0.150/M input with a benchmark score of N/A/100.

For most developers, this is the clear choice between these two models.

Compare with Other Models