GPT-4 Turbo vs OpenAI o1-mini

Performance benchmarks + pricing comparison — updated April 2026

GPT-4 Turbo

OpenAI

Previous generation high-performance model. Good for complex reasoning tasks.

Input$10.00/M
Output$30.00/M
Context128K tokens
Best ForComplex reasoning, data extraction, analysis
Benchmark70/100

OpenAI o1-mini

OpenAI

Cost-effective reasoning model. Good for coding tasks that require logical reasoning.

Input$1.10/M
Output$4.40/M
Context128K tokens
Best ForCoding logic, debugging, algorithm design
Benchmark70/100

Benchmark Performance Comparison

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

BenchmarkGPT-4 TurboOpenAI o1-miniLeader
Overall Score 70 70 GPT-4 Turbo leads by 0pts
SWE-bench Verified 64 64 GPT-4 Turbo leads by 0pts
LiveCodeBench 72 72 GPT-4 Turbo leads by 0pts
HumanEval 88 90 o1-mini leads by 2pts
BigCodeBench 56 54 GPT-4 Turbo leads by 2pts

Cost Comparison by Scenario

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

ScenarioGPT-4 TurboOpenAI o1-miniSavings
Small Script (1K lines) $1.25 $0.17 OpenAI o1-mini saves $1.08 (86%)
Medium Feature (10K lines) $9.50 $1.27 OpenAI o1-mini saves $8.23 (87%)
Large Project (50K lines) $47.50 $6.33 OpenAI o1-mini saves $41.17 (87%)
Code Review (5K lines) $2.50 $0.30 OpenAI o1-mini saves $2.20 (88%)

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-4 Turbo 70 $0.133/pt Higher cost per point
OpenAI o1-mini 70 $0.016/pt Better value

OpenAI o1-mini delivers the best value at $0.016 per score point.

Strengths & Weaknesses

GPT-4 Turbo

  • + Proven model
  • + Large context
  • - Superseded by GPT-4o

OpenAI o1-mini

  • + Reasoning at lower cost
  • + Good for competitive programming
  • - Slower than standard models

Verdict

OpenAI o1-mini is cheaper at $1.10/M, but GPT-4 Turbo scores higher on benchmarks (70 vs 70).

Choose OpenAI o1-mini for cost-sensitive projects, GPT-4 Turbo when performance matters most.

Compare with Other Models