TokenRate

GPT-4o-mini (2024-07-18) Pricing

Fast

OpenAI · 128K tokens context

GPT-4o-mini (2024-07-18) from OpenAI costs $0.150 per 1 million input tokens and $0.600 per 1 million output tokens as of June 2026 (live OpenRouter data). The model supports a 128,000-token context window (approximately 96,000 words) with a 16K-token maximum output. A typical 1,000-token request costs $0.0001 in input charges; a 10,000-token request costs $0.0015.

GPT-4o-mini (2024-07-18) pricing and capability summary
Input price$0.150 / 1M tokens
Output price$0.600 / 1M tokens
Output / input ratio4.0×
Context window128,000 tokens (~96,000 words)
Maximum output16,384 tokens
Cost per 1K tokens (input)$0.0001
TierFast
Last verified

GPT-4o mini is OpenAI's newest model after GPT-4 Omni, supporting both text and image inputs with text outputs. As their most advanced small model, it is many multiples more affordable...

Live pricing from OpenRouter

Input Price

$0.150

per 1 million tokens

Output Price

$0.600

per 1 million tokens

Context Window

128K tokens

max 16K output

Cost Examples

Request TypeTokensInput CostOutput Cost
1,000 word article1,333$0.0002$0.00024
10-page document (2,500 words)3,333$0.0005$0.0006
1,000 lines of code5,000$0.00075$0.0009
100K token document100,000$0.015$0.018

Output cost estimated at 30% of input token count. Use the calculator for exact figures.

Strengths

  • Extremely cheap at $0.150/1M input tokens
  • Low latency for high-throughput workloads
  • Multimodal: understands images as well as text

Limitations

  • Less capable than flagship models on complex reasoning
  • Quality and availability can vary by hosting provider

Best Use Cases

High-volume classification
Text extraction and summarization
Simple chat and Q&A
Cost-sensitive pipelines

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GPT-4o-mini (2024-07-18) — FAQ

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