TokenRate

OpenAI o4-mini Pricing

Reasoning

OpenAI · 200K tokens context

OpenAI o4-mini from OpenAI costs $1.10 per 1 million input tokens and $4.40 per 1 million output tokens as of May 2026 (live OpenRouter data). The model supports a 200,000-token context window (approximately 150,000 words) with a 100K-token maximum output. A typical 1,000-token request costs $0.0011 in input charges; a 10,000-token request costs $0.0110.

OpenAI o4-mini pricing and capability summary
Input price$1.10 / 1M tokens
Output price$4.40 / 1M tokens
Output / input ratio4.0×
Context window200,000 tokens (~150,000 words)
Maximum output100,000 tokens
Cost per 1K tokens (input)$0.0011
TierReasoning
Last verified

o4-mini brings OpenAI's chain-of-thought reasoning to a smaller, faster, and cheaper form factor. It offers strong performance on STEM tasks at a fraction of o3's cost.

Live pricing from OpenRouter

Input Price

$1.10

per 1 million tokens

Output Price

$4.40

per 1 million tokens

Context Window

200K tokens

max 100K output

Cost Examples

Request TypeTokensInput CostOutput Cost
1,000 word article1,333$0.00147$0.00176
10-page document (2,500 words)3,333$0.00367$0.0044
1,000 lines of code5,000$0.0055$0.0066
100K token document100,000$0.11$0.132

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

Strengths

  • Reasoning capabilities at a much lower price than o3
  • Fast for a reasoning model
  • Strong on coding and math

Limitations

  • Less capable than o3 on hardest tasks
  • Still more expensive than GPT-4o for standard tasks

Best Use Cases

Coding assistants with logic-heavy tasks
Math tutoring applications
Moderate-complexity reasoning workflows

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OpenAI o4-mini — FAQ

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