OpenAI o1-mini vs OpenAI o4-mini

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

OpenAI o4-mini

OpenAI

Updated mini reasoning model. Similar pricing to o3-mini with updated capabilities.

Input$1.10/M
Output$4.40/M
Context200K tokens
Best ForGeneral reasoning, coding tasks
Benchmark72/100

Benchmark Performance Comparison

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

BenchmarkOpenAI o1-miniOpenAI o4-miniLeader
Overall Score 70 72 o4-mini leads by 2pts
SWE-bench Verified 64 66 o4-mini leads by 2pts
LiveCodeBench 72 74 o4-mini leads by 2pts
HumanEval 90 92 o4-mini leads by 2pts
BigCodeBench 54 56 o4-mini 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-miniOpenAI o4-miniSavings
Small Script (1K lines) $0.17 $0.17 OpenAI o1-mini saves <$0.01 (0%)
Medium Feature (10K lines) $1.27 $1.27 OpenAI o1-mini saves <$0.01 (0%)
Large Project (50K lines) $6.33 $6.33 OpenAI o1-mini saves <$0.01 (0%)
Code Review (5K lines) $0.30 $0.30 OpenAI o1-mini saves <$0.01 (0%)

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
OpenAI o4-mini 72 $0.015/pt Better value

OpenAI o4-mini delivers the best value at $0.015 per score point.

Strengths & Weaknesses

OpenAI o1-mini

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

OpenAI o4-mini

  • + Improved reasoning at mini price
  • - New model, limited data

Verdict

OpenAI o1-mini is cheaper at $1.10/M, but OpenAI o4-mini scores higher on benchmarks (72 vs 70).

Choose OpenAI o1-mini for cost-sensitive projects, OpenAI o4-mini when performance matters most.

Compare with Other Models