GPT-4.1 vs O3 Mini

Performance benchmarks + pricing comparison — updated April 2026

GPT-4.1

OpenAI

Updated GPT-4 generation with improved instruction following and reduced hallucination. Better coding accuracy than GPT-4o.

Input$2.00/M
Output$8.00/M
Context128K tokens
Best ForProduction coding, API development, complex instructions
Benchmark80/100

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-4.1O3 MiniLeader
Overall Score 80 80 GPT-4.1 leads by 0pts
SWE-bench Verified 76 76 GPT-4.1 leads by 0pts
LiveCodeBench 82 85 o3-mini leads by 3pts
HumanEval 94 94 GPT-4.1 leads by 0pts
BigCodeBench 68 65 GPT-4.1 leads by 3pts

Cost Comparison by Scenario

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

ScenarioGPT-4.1O3 MiniSavings
Small Script (1K lines) $0.31 $0.17 O3 Mini saves $0.14 (45%)
Medium Feature (10K lines) $2.30 $1.27 O3 Mini saves $1.03 (45%)
Large Project (50K lines) $11.50 $6.33 O3 Mini saves $5.17 (45%)
Code Review (5K lines) $0.55 $0.30 O3 Mini saves $0.25 (45%)

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 80 $0.063/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

  • + Latest GPT model
  • + Strong across all benchmarks
  • - Premium pricing

O3 Mini

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

Verdict

O3 Mini is cheaper at $1.10/M, but GPT-4.1 scores higher on benchmarks (80 vs 80).

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

Compare with Other Models