OpenAI o1-mini vs Qwen Plus

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

Qwen Plus

Qwen

Balanced Qwen model for general tasks. Good price-performance ratio.

Input$0.400/M
Output$1.20/M
Context128K tokens
Best ForGeneral-purpose tasks, bilingual coding
Benchmark55/100

Benchmark Performance Comparison

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

BenchmarkOpenAI o1-miniQwen PlusLeader
Overall Score 70 55 o1-mini leads by 15pts
SWE-bench Verified 64 48 o1-mini leads by 16pts
LiveCodeBench 72 58 o1-mini leads by 14pts
HumanEval 90 78 o1-mini leads by 12pts
BigCodeBench 54 40 o1-mini 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-miniQwen PlusSavings
Small Script (1K lines) $0.17 $0.05 Qwen Plus saves $0.12 (71%)
Medium Feature (10K lines) $1.27 $0.38 Qwen Plus saves $0.89 (70%)
Large Project (50K lines) $6.33 $1.90 Qwen Plus saves $4.43 (70%)
Code Review (5K lines) $0.30 $0.10 Qwen Plus saves $0.20 (67%)

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
Qwen Plus 55 $0.007/pt Better value

Qwen Plus delivers the best value at $0.007 per score point.

Strengths & Weaknesses

OpenAI o1-mini

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

Qwen Plus

  • + Budget-friendly
  • - Average performance

Verdict

Qwen Plus is cheaper at $0.400/M, but OpenAI o1-mini scores higher on benchmarks (70 vs 55).

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

Compare with Other Models