GPT-4o mini vs Phi-3 Mini

Performance benchmarks + pricing comparison — updated April 2026

GPT-4o mini

OpenAI

Affordable small model. Fast and cost-effective for high-volume coding tasks.

Input$0.150/M
Output$0.600/M
Context128K tokens
Best ForHigh-volume tasks, simple coding, cost-sensitive projects
Benchmark58/100

Phi-3 Mini

Microsoft

Microsoft's compact Phi-3 model. Small but capable model for edge and IoT deployment.

Input$0.050/M
Output$0.100/M
Context128K tokens
Best ForEdge AI, IoT devices, lightweight applications

Cost Comparison by Scenario

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

ScenarioGPT-4o miniPhi-3 MiniSavings
Small Script (1K lines) $0.02 <$0.01 Phi-3 Mini saves $0.02 (81%)
Medium Feature (10K lines) $0.18 $0.04 Phi-3 Mini saves $0.15 (80%)
Large Project (50K lines) $0.92 $0.19 Phi-3 Mini saves $0.73 (80%)
Code Review (5K lines) $0.05 $0.01 Phi-3 Mini saves $0.04 (76%)

Verdict

Phi-3 Mini 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.

Compare with Other Models