Claude 3 Haiku vs MiniMax Text 01

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 Text 01

MiniMax

MiniMax's cost-effective text model. Optimized for high-volume Chinese text generation.

Input$0.050/M
Output$0.200/M
Context8K tokens
Best ForHigh-volume Chinese text, customer service bots

Cost Comparison by Scenario

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

ScenarioClaude 3 HaikuMiniMax Text 01Savings
Small Script (1K lines) $0.05 <$0.01 MiniMax Text 01 saves $0.04 (83%)
Medium Feature (10K lines) $0.34 $0.06 MiniMax Text 01 saves $0.28 (83%)
Large Project (50K lines) $1.69 $0.29 MiniMax Text 01 saves $1.40 (83%)
Code Review (5K lines) $0.07 $0.01 MiniMax Text 01 saves $0.06 (82%)

Verdict

MiniMax Text 01 wins on both price and performance — $0.050/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