GPT-4o vs O3 Mini

Performance benchmarks + pricing comparison — updated April 2026

GPT-4o

OpenAI

OpenAI's flagship multimodal model. Strong coding and reasoning at competitive pricing.

Input$2.50/M
Output$10.00/M
Context128K tokens
Best ForGeneral coding, multimodal tasks, chatbots
Benchmark75/100

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-4oO3 MiniLeader
Overall Score 75 80 o3-mini leads by 5pts
SWE-bench Verified 70 76 o3-mini leads by 6pts
LiveCodeBench 78 85 o3-mini leads by 7pts
HumanEval 90 94 o3-mini leads by 4pts
BigCodeBench 62 65 o3-mini 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-4oO3 MiniSavings
Small Script (1K lines) $0.41 $0.17 O3 Mini saves $0.24 (58%)
Medium Feature (10K lines) $3.06 $1.27 O3 Mini saves $1.80 (59%)
Large Project (50K lines) $15.31 $6.33 O3 Mini saves $8.99 (59%)
Code Review (5K lines) $0.78 $0.30 O3 Mini saves $0.48 (61%)

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-4o 75 $0.033/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-4o

  • + Strong general-purpose
  • + Good multimodal
  • - Less consistent on coding than Claude

O3 Mini

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

Verdict

O3 Mini wins on both price and performance — $1.10/M input with a benchmark score of 80/100.

For most developers, this is the clear choice between these two models.

Compare with Other Models