OpenAI o1 vs MiniMax-M1

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o1

OpenAI

Reasoning model optimized for complex problem-solving. Excels at math, science, and advanced coding.

Input$15.00/M
Output$60.00/M
Context200K tokens
Best ForComplex math, advanced coding, scientific reasoning
Benchmark83/100

MiniMax-M1

MiniMax

MiniMax's flagship model. Strong performance in Chinese and English with competitive pricing.

Input$0.150/M
Output$0.600/M
Context4M tokens
Best ForChat applications, Chinese-English tasks, creative writing

Cost Comparison by Scenario

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

ScenarioOpenAI o1MiniMax-M1Savings
Small Script (1K lines) $2.32 $0.02 MiniMax-M1 saves $2.30 (99%)
Medium Feature (10K lines) $17.25 $0.17 MiniMax-M1 saves $17.08 (99%)
Large Project (50K lines) $86.25 $0.86 MiniMax-M1 saves $85.39 (99%)
Code Review (5K lines) $4.13 $0.04 MiniMax-M1 saves $4.08 (99%)

Verdict

MiniMax-M1 wins on both price and performance — $0.150/M input with a benchmark score of N/A/100.

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

Compare with Other Models