OpenAI o3-mini vs Qwen Turbo

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

Qwen Turbo

Qwen

Fastest and cheapest Qwen model. Good for high-volume tasks.

Input$0.080/M
Output$0.240/M
Context1M tokens
Best ForHigh-volume tasks, simple coding
Benchmark42/100

Benchmark Performance Comparison

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

BenchmarkOpenAI o3-miniQwen TurboLeader
Overall Score 80 42 o3-mini leads by 38pts
SWE-bench Verified 76 35 o3-mini leads by 41pts
LiveCodeBench 85 44 o3-mini leads by 41pts
HumanEval 94 65 o3-mini leads by 29pts
BigCodeBench 65 28 o3-mini leads by 37pts

Cost Comparison by Scenario

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

ScenarioOpenAI o3-miniQwen TurboSavings
Small Script (1K lines) $0.17 $0.01 Qwen Turbo saves $0.16 (94%)
Medium Feature (10K lines) $1.27 $0.08 Qwen Turbo saves $1.19 (94%)
Large Project (50K lines) $6.33 $0.38 Qwen Turbo saves $5.95 (94%)
Code Review (5K lines) $0.30 $0.02 Qwen Turbo saves $0.28 (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 o3-mini 80 $0.014/pt Higher cost per point
Qwen Turbo 42 $0.002/pt Better value

Qwen Turbo delivers the best value at $0.002 per score point.

Strengths & Weaknesses

OpenAI o3-mini

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

Qwen Turbo

  • + Cheapest option
  • + Fast
  • - Basic coding only

Verdict

Qwen Turbo is cheaper at $0.080/M, but OpenAI o3-mini scores higher on benchmarks (80 vs 42).

Choose Qwen Turbo for cost-sensitive projects, OpenAI o3-mini when performance matters most.

Compare with Other Models