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o4-mini Cost Calculator - OpenAI

Calculate the cost of using o4-mini from OpenAI for your AI applications

Pricing data last updated:

o4-mini Cost Calculator

Mode: Chat

Max: 200,000 tokens

Max: 100,000 tokens

Cost Breakdown

Input Cost$0.001100
Output Cost$0.004400
Total Cost$0.005500

Pricing Details

Input: $0.00000110 per token
Output: $0.00000440 per token
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Model Specifications

Capabilities

✓Function Calling
✓Vision
✓Reasoning
✓Web Search

Limits

Max Input Tokens200,000
Max Output Tokens100,000
Max Tokens100,000

About o4-mini

o4-mini is a chat model from OpenAI, one of 98 chat models they offer. It is priced at $1.10 per 1M input tokens and $4.40 per 1M output tokens, ranking 2315 out of 3501 chat models by cost and cheaper than 33% of models in this category. o4-mini supports vision, function calling, reasoning, web search, prompt caching, structured output. It accepts up to 200K input tokens.

Pricing Information

Input Cost$1.10 per 1M tokens
Output Cost$4.40 per 1M tokens

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

Technical Specifications

Maximum Input Tokens200,000
Maximum Output Tokens100,000
Maximum Total Tokens100,000

Pro Tip

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.

Model Capabilities

✓Function Calling - Execute custom functions and tools
✓Vision - Process and understand images
✓Advanced Reasoning - Complex problem-solving capabilities
✓Web Search - Access real-time web information
✓Prompt Caching - Optimize repeated prompts
✓Response Schema - Structured output formatting

How o4-mini Pricing Compares

At $1.10 per 1M input tokens and $4.40 per 1M output tokens, o4-mini ranks 2315 out of 3501 chat models by input cost. It is more expensive compared to the median of $0.60 for chat models, and is cheaper than 33% of models in this category.

o4-mini is one of 98 OpenAI chat models, with support for vision, function calling, reasoning, web search, prompt caching, structured output.

ModelProviderInput / 1M tokensOutput / 1M tokensvs o4-mini
anthropic.claude-haiku-4-5-20251001-v1:0AWS Bedrock$1.00$5.00-9%
grok-4.3Azure$1.25$2.50+14%
claude-haiku-4-5Anthropic$1.00$5.00-9%

Alternatives to o4-mini

Similar chat models from other providers

Azure
grok-4.3
$1.25/1M input
+14% vs o4-mini
Anthropic
claude-haiku-4-5
$1.00/1M input
-9% vs o4-mini
Vertex AI
gemini-2.5-pro
$1.25/1M input
+14% vs o4-mini

Frequently Asked Questions

Is o4-mini cheaper than anthropic.claude-haiku-4-5-20251001-v1:0?

No. o4-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, o4-mini may offer different capabilities or performance characteristics that justify the price difference.

How does o4-mini pricing compare to the average chat model?

o4-mini input pricing is $1.10 per 1M tokens, which is 83% above the median of $0.60 for chat models. It ranks 2315 out of 3501 chat models by input cost, making it cheaper than 33% of models in this category. For output, it costs $4.40 per 1M tokens compared to the median of $1.71.

What makes o4-mini different from other OpenAI models?

Among OpenAI's 98 chat models, o4-mini ranks 30 by input cost.

What are the best alternatives to o4-mini?

The most comparable chat models to o4-mini are: anthropic.claude-haiku-4-5-20251001-v1:0 from AWS Bedrock ($1.00/1M input tokens); grok-4.3 from Azure ($1.25/1M input tokens); claude-haiku-4-5 from Anthropic ($1.00/1M input tokens); gemini-2.5-pro from Vertex AI ($1.25/1M 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 do I check if OpenAI is down?

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.

How do I calculate o4-mini costs?

o4-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.