OpenAI o4-mini vs MiniMax Text 01

Performance benchmarks + pricing comparison — updated April 2026

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

MiniMax Text 01

MiniMax

MiniMax's cost-effective text model. Optimized for high-volume Chinese text generation.

Input$0.050/M
Output$0.200/M
Context8K tokens
Best ForHigh-volume Chinese text, customer service bots

Cost Comparison by Scenario

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

ScenarioOpenAI o4-miniMiniMax Text 01Savings
Small Script (1K lines) $0.17 <$0.01 MiniMax Text 01 saves $0.16 (95%)
Medium Feature (10K lines) $1.27 $0.06 MiniMax Text 01 saves $1.21 (95%)
Large Project (50K lines) $6.33 $0.29 MiniMax Text 01 saves $6.04 (95%)
Code Review (5K lines) $0.30 $0.01 MiniMax Text 01 saves $0.29 (95%)

Verdict

MiniMax Text 01 wins on both price and performance — $0.050/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