OpenAI o1 vs OpenAI o4-mini

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

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 o1OpenAI o4-miniLeader
Overall Score 83 72 o1 leads by 11pts
SWE-bench Verified 80 66 o1 leads by 14pts
LiveCodeBench 84 74 o1 leads by 10pts
HumanEval 95 92 o1 leads by 3pts
BigCodeBench 73 56 o1 leads by 17pts

Cost Comparison by Scenario

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

ScenarioOpenAI o1OpenAI o4-miniSavings
Small Script (1K lines) $2.32 $0.17 OpenAI o4-mini saves $2.15 (93%)
Medium Feature (10K lines) $17.25 $1.27 OpenAI o4-mini saves $15.98 (93%)
Large Project (50K lines) $86.25 $6.33 OpenAI o4-mini saves $79.92 (93%)
Code Review (5K lines) $4.13 $0.30 OpenAI o4-mini saves $3.82 (93%)

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 83 $0.181/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

  • + Strong step-by-step reasoning
  • + Best at math-heavy coding
  • - Expensive
  • - Slow

OpenAI o4-mini

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

Verdict

OpenAI o4-mini is cheaper at $1.10/M, but OpenAI o1 scores higher on benchmarks (83 vs 72).

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

Compare with Other Models