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MiniMax-M3 Cost Calculator - Minimax

Calculate the cost of using MiniMax-M3 from Minimax for your AI applications

Pricing data last updated:

MiniMax-M3 Cost Calculator

Mode: Chat

Max: 512,000 tokens

Max: 128,000 tokens

Cost Breakdown

Input Cost$0.00060000
Output Cost$0.002400
Total Cost$0.003000

Pricing Details

Input: $0.0000006000 per token
Output: $0.00000240 per token
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Model Specifications

Capabilities

Function Calling
Vision
Reasoning

Limits

Max Input Tokens512,000
Max Output Tokens128,000

About MiniMax-M3

MiniMax-M3 is a chat model from Minimax, one of 6 chat models they offer. It is priced at $0.60 per 1M input tokens and $2.40 per 1M output tokens, ranking 1145 out of 2168 chat models by cost and cheaper than 45% of models in this category. MiniMax-M3 supports vision, function calling, reasoning, prompt caching — one of only 7 chat models with this combination. Its 512K-token context window is in the top 13% among chat models.

Pricing Information

Input Cost$0.60 per 1M tokens
Output Cost$2.40 per 1M tokens

Note: Use the interactive calculator above to estimate costs for your specific usage patterns.

Technical Specifications

Maximum Input Tokens512,000
Maximum Output Tokens128,000

Pro Tip

Use the maximum token limits shown above to understand the model's capacity. This model can handle up to 512,000 input tokens. The maximum output length is 128,000 tokens.

Model Capabilities

Function Calling - Execute custom functions and tools
Vision - Process and understand images
Advanced Reasoning - Complex problem-solving capabilities
Prompt Caching - Optimize repeated prompts
System Messages - Configure model behavior

How MiniMax-M3 Pricing Compares

At $0.60 per 1M input tokens and $2.40 per 1M output tokens, MiniMax-M3 ranks 1145 out of 2168 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 45% of models in this category.

MiniMax-M3 is one of 6 Minimax chat models, one of only 7 chat models combining function calling, prompt caching, reasoning, vision. its 512K-token context window places it in the top 13% of chat models.

ModelProviderInput / 1M tokensOutput / 1M tokensvs MiniMax-M3
gpt-5.4-miniAzure$0.75$4.50+25%
gpt-5.4-mini-2026-03-17Azure$0.75$4.50+25%
gemini-3-flash-previewVertex AI$0.50$3.00-17%

Alternatives to MiniMax-M3

Similar chat models from other providers

Azure
gpt-5.4-mini
$0.75/1M input
+25% vs MiniMax-M3
Vertex AI
gemini-3-flash-preview
$0.50/1M input
-17% vs MiniMax-M3
Google Gemini
gemini-3-flash-preview
$0.50/1M input
-17% vs MiniMax-M3
OpenAI
gpt-5.4-mini
$0.75/1M input
+25% vs MiniMax-M3

Frequently Asked Questions

Is MiniMax-M3 cheaper than gpt-5.4-mini?

Yes. MiniMax-M3 costs $0.60 per 1M input tokens compared to gpt-5.4-mini's $0.75 per 1M input tokens, making it 25% more affordable. Both are chat models and share support for vision, function calling, reasoning, web search, prompt caching, structured output.

How does MiniMax-M3 pricing compare to the average chat model?

MiniMax-M3 input pricing is $0.60 per 1M tokens, which is 9% above the median of $0.55 for chat models. It ranks 1145 out of 2168 chat models by input cost, making it cheaper than 45% of models in this category. For output, it costs $2.40 per 1M tokens compared to the median of $1.44.

What makes MiniMax-M3 different from other Minimax models?

Among Minimax's 6 chat models, MiniMax-M3 ranks 6 by input cost. Its combination of function calling, prompt caching, reasoning, vision is shared by only 6 other chat models.

What are the best alternatives to MiniMax-M3?

The most comparable chat models to MiniMax-M3 are: gpt-5.4-mini from Azure ($0.75/1M input tokens); gpt-5.4-mini-2026-03-17 from Azure ($0.75/1M input tokens); gemini-3-flash-preview from Vertex AI ($0.50/1M input tokens); gemini-3-flash-preview from Google Gemini ($0.50/1M input tokens). These alternatives were selected based on similar capabilities, pricing, and provider diversity. You can compare any of these models in detail using the Bifrost Model Library.

How large is MiniMax-M3's context window?

MiniMax-M3 supports up to 512,000 input tokens, placing it in the top 13% of chat models by context window size (rank 279 of 2093). This makes it suitable for processing long documents, extensive code repositories, or maintaining detailed conversation histories.

How do I calculate MiniMax-M3 costs?

MiniMax-M3 is priced based on input and output tokens. Use the interactive calculator at the top of this page to estimate costs for your specific workload. Enter your expected input and output tokens volume and the calculator will show the total cost breakdown. For reference, processing 1M input tokens costs $0.60 and generating 1M output tokens costs $2.40.