GPT-4.1 mini vs O3 Mini

Performance benchmarks + pricing comparison — updated April 2026

GPT-4.1 mini

OpenAI

Cost-optimized GPT-4.1 variant. Strong coding capability at budget pricing, replacing GPT-4o mini for many use cases.

Input$0.400/M
Output$1.60/M
Context128K tokens
Best ForHigh-volume coding, cost-sensitive projects, automation
Benchmark68/100

O3 Mini

OpenAI

OpenAI's reasoning model at lower cost. Strong at math, coding, and science tasks.

Input$1.10/M
Output$4.40/M
Context200K tokens
Best ForMath, science, coding tasks requiring deep reasoning
Benchmark80/100

Benchmark Performance Comparison

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

BenchmarkGPT-4.1 miniO3 MiniLeader
Overall Score 68 80 o3-mini leads by 12pts
SWE-bench Verified 62 76 o3-mini leads by 14pts
LiveCodeBench 70 85 o3-mini leads by 15pts
HumanEval 86 94 o3-mini leads by 8pts
BigCodeBench 54 65 o3-mini leads by 11pts

Cost Comparison by Scenario

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

ScenarioGPT-4.1 miniO3 MiniSavings
Small Script (1K lines) $0.06 $0.17 GPT-4.1 mini saves $0.11 (64%)
Medium Feature (10K lines) $0.46 $1.27 GPT-4.1 mini saves $0.81 (64%)
Large Project (50K lines) $2.30 $6.33 GPT-4.1 mini saves $4.03 (64%)
Code Review (5K lines) $0.11 $0.30 GPT-4.1 mini saves $0.19 (64%)

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-4.1 mini 68 $0.022/pt Higher cost per point
O3 Mini 80 $0.014/pt Better value

O3 Mini delivers the best value at $0.014 per score point.

Strengths & Weaknesses

GPT-4.1 mini

  • + Good value
  • + Latest architecture
  • - Mini variant limitations

O3 Mini

  • + Excellent at competitive programming
  • + Strong algorithmic reasoning
  • - Optimized for reasoning, not chat

Verdict

GPT-4.1 mini is cheaper at $0.400/M, but O3 Mini scores higher on benchmarks (80 vs 68).

Choose GPT-4.1 mini for cost-sensitive projects, O3 Mini when performance matters most.

Compare with Other Models