OpenAI o3-mini vs MiniMax-M1
Performance benchmarks + pricing comparison — updated April 2026
OpenAI o3-mini
OpenAIAffordable reasoning model for coding tasks. Best price-performance for algorithm-heavy work.
| Input | $1.10/M |
| Output | $4.40/M |
| Context | 200K tokens |
| Best For | Algorithm design, coding challenges, debugging |
| Benchmark | 80/100 |
MiniMax-M1
MiniMaxMiniMax's flagship model. Strong performance in Chinese and English with competitive pricing.
| Input | $0.150/M |
| Output | $0.600/M |
| Context | 4M tokens |
| Best For | Chat 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.
| Scenario | OpenAI o3-mini | MiniMax-M1 | Savings |
|---|---|---|---|
| Small Script (1K lines) | $0.17 | $0.02 | MiniMax-M1 saves $0.15 (86%) |
| Medium Feature (10K lines) | $1.27 | $0.17 | MiniMax-M1 saves $1.09 (86%) |
| Large Project (50K lines) | $6.33 | $0.86 | MiniMax-M1 saves $5.46 (86%) |
| Code Review (5K lines) | $0.30 | $0.04 | MiniMax-M1 saves $0.26 (86%) |
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
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