OpenAI o3-mini vs GPT-4.1 mini

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o3-mini

OpenAI

Affordable reasoning model for coding tasks. Best price-performance for algorithm-heavy work.

Input$1.10/M
Output$4.40/M
Context200K tokens
Best ForAlgorithm design, coding challenges, debugging
Benchmark80/100

GPT-4.1 mini

OpenAI

Cost-optimized GPT-4.1 variant. Strong coding capability at budget pricing, replacing GPT-4o mini for many use cases.

Input$0.400/M
Output$1.60/M
Context128K tokens
Best ForHigh-volume coding, cost-sensitive projects, automation
Benchmark68/100

Benchmark Performance Comparison

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

BenchmarkOpenAI o3-miniGPT-4.1 miniLeader
Overall Score 80 68 o3-mini leads by 12pts
SWE-bench Verified 76 62 o3-mini leads by 14pts
LiveCodeBench 85 70 o3-mini leads by 15pts
HumanEval 94 86 o3-mini leads by 8pts
BigCodeBench 65 54 o3-mini leads by 11pts

Cost Comparison by Scenario

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

ScenarioOpenAI o3-miniGPT-4.1 miniSavings
Small Script (1K lines) $0.17 $0.06 GPT-4.1 mini saves $0.11 (64%)
Medium Feature (10K lines) $1.27 $0.46 GPT-4.1 mini saves $0.81 (64%)
Large Project (50K lines) $6.33 $2.30 GPT-4.1 mini saves $4.03 (64%)
Code Review (5K lines) $0.30 $0.11 GPT-4.1 mini saves $0.19 (64%)

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 o3-mini 80 $0.014/pt Better value
GPT-4.1 mini 68 $0.022/pt Higher cost per point

OpenAI o3-mini delivers the best value at $0.014 per score point.

Strengths & Weaknesses

OpenAI o3-mini

  • + Excellent at competitive programming
  • + Strong algorithmic reasoning
  • - Optimized for reasoning, not chat

GPT-4.1 mini

  • + Good value
  • + Latest architecture
  • - Mini variant limitations

Verdict

GPT-4.1 mini is cheaper at $0.400/M, but OpenAI o3-mini scores higher on benchmarks (80 vs 68).

Choose GPT-4.1 mini for cost-sensitive projects, OpenAI o3-mini when performance matters most.

Compare with Other Models