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grok-3-mini-fast-latest Cost Calculator - xAI

Calculate the cost of using grok-3-mini-fast-latest from xAI for your AI applications

Pricing data last updated:

grok-3-mini-fast-latest Cost Calculator

Mode: Chat

Max: 131,072 tokens

Max: 131,072 tokens

Cost Breakdown

Input Cost$0.00060000
Output Cost$0.004000
Total Cost$0.004600

Pricing Details

Input: $0.0000006000 per token
Output: $0.00000400 per token
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Model Specifications

Capabilities

Function Calling
Reasoning
Web Search

Limits

Max Input Tokens131,072
Max Output Tokens131,072
Max Tokens131,072

About grok-3-mini-fast-latest

grok-3-mini-fast-latest is a chat model from xAI, one of 38 chat models they offer. It is priced at $0.60 per 1M input tokens and $4.00 per 1M output tokens, ranking 1172 out of 2172 chat models by cost and cheaper than 45% of models in this category. grok-3-mini-fast-latest supports function calling, reasoning, web search, prompt caching — one of only 7 chat models with this combination. It accepts up to 131K input tokens.

Pricing Information

Input Cost$0.60 per 1M tokens
Output Cost$4.00 per 1M tokens

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

Technical Specifications

Maximum Input Tokens131,072
Maximum Output Tokens131,072
Maximum Total Tokens131,072

Pro Tip

Use the maximum token limits shown above to understand the model's capacity. This model can handle up to 131,072 input tokens. The maximum output length is 131,072 tokens.

Model Capabilities

Function Calling - Execute custom functions and tools
Advanced Reasoning - Complex problem-solving capabilities
Web Search - Access real-time web information
Prompt Caching - Optimize repeated prompts

How grok-3-mini-fast-latest Pricing Compares

At $0.60 per 1M input tokens and $4.00 per 1M output tokens, grok-3-mini-fast-latest ranks 1172 out of 2172 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.

grok-3-mini-fast-latest is one of 38 xAI chat models, one of only 7 chat models combining function calling, prompt caching, reasoning, web search.

ModelProviderInput / 1M tokensOutput / 1M tokensvs grok-3-mini-fast-latest
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 grok-3-mini-fast-latest

Similar chat models from other providers

Azure
gpt-5.4-mini
$0.75/1M input
+25% vs grok-3-mini-fast-latest
Azure
gpt-5.4-mini-2026-03-17
$0.75/1M input
+25% vs grok-3-mini-fast-latest
Vertex AI
gemini-3-flash-preview
$0.50/1M input
-17% vs grok-3-mini-fast-latest
Google Gemini
gemini-3-flash-preview
$0.50/1M input
-17% vs grok-3-mini-fast-latest
OpenAI
gpt-5.4-mini
$0.75/1M input
+25% vs grok-3-mini-fast-latest

Frequently Asked Questions

Is grok-3-mini-fast-latest cheaper than gpt-5.4-mini?

Yes. grok-3-mini-fast-latest 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 grok-3-mini-fast-latest pricing compare to the average chat model?

grok-3-mini-fast-latest input pricing is $0.60 per 1M tokens, which is 9% above the median of $0.55 for chat models. It ranks 1172 out of 2172 chat models by input cost, making it cheaper than 45% of models in this category. For output, it costs $4.00 per 1M tokens compared to the median of $1.48.

What makes grok-3-mini-fast-latest different from other xAI models?

Among xAI's 38 chat models, grok-3-mini-fast-latest ranks 16 by input cost. Its combination of function calling, prompt caching, reasoning, web search is shared by only 6 other chat models.

What are the best alternatives to grok-3-mini-fast-latest?

The most comparable chat models to grok-3-mini-fast-latest 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 do I calculate grok-3-mini-fast-latest costs?

grok-3-mini-fast-latest 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 $4.00.