OpenAI o1-mini vs GPT-4.1

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

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

Benchmark Performance Comparison

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

BenchmarkOpenAI o1-miniGPT-4.1Leader
Overall Score 70 80 GPT-4.1 leads by 10pts
SWE-bench Verified 64 76 GPT-4.1 leads by 12pts
LiveCodeBench 72 82 GPT-4.1 leads by 10pts
HumanEval 90 94 GPT-4.1 leads by 4pts
BigCodeBench 54 68 GPT-4.1 leads by 14pts

Cost Comparison by Scenario

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

ScenarioOpenAI o1-miniGPT-4.1Savings
Small Script (1K lines) $0.17 $0.31 OpenAI o1-mini saves $0.14 (45%)
Medium Feature (10K lines) $1.27 $2.30 OpenAI o1-mini saves $1.03 (45%)
Large Project (50K lines) $6.33 $11.50 OpenAI o1-mini saves $5.17 (45%)
Code Review (5K lines) $0.30 $0.55 OpenAI o1-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
OpenAI o1-mini 70 $0.016/pt Better value
GPT-4.1 80 $0.063/pt Higher cost per point

OpenAI o1-mini delivers the best value at $0.016 per score point.

Strengths & Weaknesses

OpenAI o1-mini

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

GPT-4.1

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

Verdict

OpenAI o1-mini is cheaper at $1.10/M, but GPT-4.1 scores higher on benchmarks (80 vs 70).

Choose OpenAI o1-mini for cost-sensitive projects, GPT-4.1 when performance matters most.

Compare with Other Models