GPT-3.5 Turbo vs MiniMax Text 01
Performance benchmarks + pricing comparison — updated April 2026
GPT-3.5 Turbo
OpenAIBudget model for simple tasks. Being phased out but still widely used.
| Input | $0.500/M |
| Output | $1.50/M |
| Context | 16K tokens |
| Best For | Simple chatbots, basic text generation |
| Benchmark | 40/100 |
MiniMax Text 01
MiniMaxMiniMax's cost-effective text model. Optimized for high-volume Chinese text generation.
| Input | $0.050/M |
| Output | $0.200/M |
| Context | 8K tokens |
| Best For | High-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.
| Scenario | GPT-3.5 Turbo | MiniMax Text 01 | Savings |
|---|---|---|---|
| Small Script (1K lines) | $0.06 | <$0.01 | MiniMax Text 01 saves $0.05 (88%) |
| Medium Feature (10K lines) | $0.48 | $0.06 | MiniMax Text 01 saves $0.42 (88%) |
| Large Project (50K lines) | $2.38 | $0.29 | MiniMax Text 01 saves $2.09 (88%) |
| Code Review (5K lines) | $0.13 | $0.01 | MiniMax Text 01 saves $0.11 (89%) |
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.
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