GPT-3.5 Turbo vs OpenAI o4-mini

Performance benchmarks + pricing comparison — updated April 2026

GPT-3.5 Turbo

OpenAI

Budget model for simple tasks. Being phased out but still widely used.

Input$0.500/M
Output$1.50/M
Context16K tokens
Best ForSimple chatbots, basic text generation
Benchmark40/100

OpenAI o4-mini

OpenAI

Updated mini reasoning model. Similar pricing to o3-mini with updated capabilities.

Input$1.10/M
Output$4.40/M
Context200K tokens
Best ForGeneral reasoning, coding tasks
Benchmark72/100

Benchmark Performance Comparison

Third-party benchmark scores — higher is better. Data sourced from SWE-bench, LiveCodeBench, HumanEval, and BigCodeBench.

BenchmarkGPT-3.5 TurboOpenAI o4-miniLeader
Overall Score 40 72 o4-mini leads by 32pts
SWE-bench Verified 32 66 o4-mini leads by 34pts
LiveCodeBench 42 74 o4-mini leads by 32pts
HumanEval 62 92 o4-mini leads by 30pts
BigCodeBench 26 56 o4-mini leads by 30pts

Cost Comparison by Scenario

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

ScenarioGPT-3.5 TurboOpenAI o4-miniSavings
Small Script (1K lines) $0.06 $0.17 GPT-3.5 Turbo saves $0.11 (63%)
Medium Feature (10K lines) $0.48 $1.27 GPT-3.5 Turbo saves $0.79 (62%)
Large Project (50K lines) $2.38 $6.33 GPT-3.5 Turbo saves $3.95 (62%)
Code Review (5K lines) $0.13 $0.30 GPT-3.5 Turbo saves $0.18 (59%)

Value Analysis (Price per Benchmark Score Point)

Lower is better — how much you pay for each point of benchmark performance.

ModelOverall ScorePrice per Score PointVerdict
GPT-3.5 Turbo 40 $0.013/pt Better value
OpenAI o4-mini 72 $0.015/pt Higher cost per point

GPT-3.5 Turbo delivers the best value at $0.013 per score point.

Strengths & Weaknesses

GPT-3.5 Turbo

  • + Ultra-cheap
  • + Very fast
  • - Basic coding only

OpenAI o4-mini

  • + Improved reasoning at mini price
  • - New model, limited data

Verdict

GPT-3.5 Turbo is cheaper at $0.500/M, but OpenAI o4-mini scores higher on benchmarks (72 vs 40).

Choose GPT-3.5 Turbo for cost-sensitive projects, OpenAI o4-mini when performance matters most.

Compare with Other Models