Calculate the cost of using o3-mini from OpenAI for your AI applications
Pricing data last updated:
Mode: Chat
Max: 200,000 tokens
Max: 100,000 tokens
Built for enterprise-grade reliability, governance, and scale. Deploy in seconds.
o3-mini is a chat model from OpenAI, one of 100 chat models they offer. It is priced at $1.10 per 1M input tokens and $4.40 per 1M output tokens, ranking 1558 out of 2292 chat models by cost and cheaper than 31% of models in this category. o3-mini supports function calling, reasoning, prompt caching, structured output. Its 200K-token context window is in the top 39% among chat models.
Note: Use the interactive calculator above to estimate costs for your specific usage patterns.
Use the maximum token limits shown above to understand the model's capacity. This model can handle up to 200,000 input tokens. The maximum output length is 100,000 tokens.
At $1.10 per 1M input tokens and $4.40 per 1M output tokens, o3-mini ranks 1558 out of 2292 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 31% of models in this category.
o3-mini is one of 100 OpenAI chat models, with support for function calling, reasoning, prompt caching, structured output. its 200K-token context window places it in the top 39% of chat models.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs o3-mini |
|---|---|---|---|---|
| anthropic.claude-haiku-4-5-20251001-v1:0 | AWS Bedrock | $1.00 | $5.00 | -9% |
| anthropic.claude-haiku-4-5@20251001 | AWS Bedrock | $1.00 | $5.00 | -9% |
| apac.anthropic.claude-haiku-4-5-20251001-v1:0 | AWS Bedrock | $1.10 | $5.50 | 0% |
Similar chat models from other providers
No. o3-mini costs $1.10 per 1M input tokens while anthropic.claude-haiku-4-5-20251001-v1:0 costs $1.00 per 1M input tokens, making anthropic.claude-haiku-4-5-20251001-v1:0 9% more affordable for input. However, o3-mini may offer different capabilities or performance characteristics that justify the price difference.
o3-mini input pricing is $1.10 per 1M tokens, which is 100% above the median of $0.55 for chat models. It ranks 1558 out of 2292 chat models by input cost, making it cheaper than 31% of models in this category. For output, it costs $4.40 per 1M tokens compared to the median of $1.50.
Among OpenAI's 100 chat models, o3-mini ranks 33 by input cost.
The most comparable chat models to o3-mini are: anthropic.claude-haiku-4-5-20251001-v1:0 from AWS Bedrock ($1.00/1M input tokens); anthropic.claude-haiku-4-5@20251001 from AWS Bedrock ($1.00/1M input tokens); apac.anthropic.claude-haiku-4-5-20251001-v1:0 from AWS Bedrock ($1.10/1M input tokens); claude-haiku-4-5 from Azure ($1.00/1M 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.
You can monitor OpenAI service health in real time on the Bifrost OpenAI Status page. It tracks current component status, active incidents, and historical reliability data pulled from the official status page every 60 seconds.
o3-mini 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 $1.10 and generating 1M output tokens costs $4.40.
