GPT-5 mini pricing

A fifth of GPT-5's price with the same 400k context window, which makes it the cheapest way to process very long documents without dropping to a small model.

List prices checked

By OpenAI · Balanced tier

Token pricing

Per million tokens, from the official price list.

Token typePrice per 1MNotes
Input$0.250Everything you send, including the system prompt
Output$2.00Everything the model generates, reasoning tokens included
Cached input$0.025Repeated prefixes served from cache
Blended (3:1)$0.688One number for ranking, at three input tokens per output token

Source: OpenAI pricing (May 2026). Published list prices only — committed-use discounts, regional variation, and per-request charges are not included. Not yet independently re-checked against the vendor’s page.

Capabilities

PropertyValue
Context window400K tokens
Max output128K tokens
Inputs acceptedtext, image
Cost to fill the context once$0.10

What it costs per month

Token prices applied to three workload shapes. Input-heavy and output-heavy workloads rank models very differently.

In-app chat assistant

A support or help assistant handling a few thousand conversations a month, with short prompts and short answers.

$15/mo

  • 20M input tokens$5.00
  • 5M output tokens$10
  • If fully cached$11

RAG over documents

Retrieval-augmented answering where each request stuffs several retrieved passages into the prompt, so input dominates.

$105/mo

  • 300M input tokens$75
  • 15M output tokens$30
  • If fully cached$38

Coding agent

An agentic loop that reads files and writes patches, generating heavy output and re-sending large context on every turn.

$300/mo

  • 400M input tokens$100
  • 100M output tokens$200
  • If fully cached$210

GPT-5 mini vs other balanced models

Same capability tier, ranked by blended token price.

ModelInputOutputContextCompare
Gemini 2.5 Flash$0.300$2.501MHead to head
Grok 3 mini$0.300$0.500131KHead to head
Codestral$0.300$0.900262KHead to head
DeepSeek-V4-Flash$0.140$0.2801MHead to head
Claude Haiku 4.5$1.00$5.00200KHead to head
OpenAI o4-mini$1.10$4.40200KHead to head

Questions about pricing

How much does the GPT-5 mini API cost in 2026?
$0.250 per million input tokens and $2.00 per million output tokens, from OpenAI's published pricing. The table above converts that into a monthly figure for three common workloads.
What is the GPT-5 mini context window?
400K tokens, with up to 128K tokens of output per request. Filling the window costs whatever that many input tokens cost — at $0.250 per million, a single full-context request runs about $0.10.
Does GPT-5 mini support prompt caching?
Yes. Cached input is billed at $0.025 per million tokens, roughly 10× cheaper than uncached input. For an agent that resends the same system prompt and file context on every turn, that discount usually matters more than the headline rate does.
Is GPT-5 mini cheaper than the alternatives?
On a blended 3:1 input-to-output basis it works out at $0.688 per million tokens. The comparison table below ranks it against the other balanced models in the dataset, and the head-to-head pages model both against identical workloads.

Keep comparing