OpenAI o1-mini vs DeepSeek Reasoner (R1)

Performance benchmarks + pricing comparison — updated April 2026

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

DeepSeek Reasoner (R1)

DeepSeek

DeepSeek's reasoning model. Comparable to OpenAI's o1 but at much lower cost.

Input$0.550/M
Output$2.19/M
Context128K tokens
Best ForComplex reasoning, math, advanced coding
Benchmark72/100

Benchmark Performance Comparison

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

BenchmarkOpenAI o1-miniDeepSeek Reasoner (R1)Leader
Overall Score 70 72 DeepSeek Reasoner (R1) leads by 2pts
SWE-bench Verified 64 68 DeepSeek Reasoner (R1) leads by 4pts
LiveCodeBench 72 76 DeepSeek Reasoner (R1) leads by 4pts
HumanEval 90 90 o1-mini leads by 0pts
BigCodeBench 54 56 DeepSeek Reasoner (R1) leads by 2pts

Cost Comparison by Scenario

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

ScenarioOpenAI o1-miniDeepSeek Reasoner (R1)Savings
Small Script (1K lines) $0.17 $0.08 DeepSeek Reasoner (R1) saves $0.09 (50%)
Medium Feature (10K lines) $1.27 $0.63 DeepSeek Reasoner (R1) saves $0.63 (50%)
Large Project (50K lines) $6.33 $3.15 DeepSeek Reasoner (R1) saves $3.17 (50%)
Code Review (5K lines) $0.30 $0.15 DeepSeek Reasoner (R1) saves $0.15 (50%)

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
OpenAI o1-mini 70 $0.016/pt Higher cost per point
DeepSeek Reasoner (R1) 72 $0.008/pt Better value

DeepSeek Reasoner (R1) delivers the best value at $0.008 per score point.

Strengths & Weaknesses

OpenAI o1-mini

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

DeepSeek Reasoner (R1)

  • + Strong reasoning chain
  • + Good value
  • - Slow on simple tasks

Verdict

DeepSeek Reasoner (R1) wins on both price and performance — $0.550/M input with a benchmark score of 72/100.

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

Compare with Other Models