TTokenCost

GPT-4o mini token cost & pricing

GPT-4o mini was the budget workhorse of the GPT-4 generation at $0.15 per million input and $0.60 per million output. It remains one of the cheapest multimodal-capable models available, which keeps it relevant for image classification and tagging pipelines.

Input
$0.15
per 1M tokens
Output
$0.6
per 1M tokens
Context window
128K
tokens

GPT-4o mini specifications

VendorOpenAI
Input price$0.15 / 1M tokens
Output price$0.6 / 1M tokens
Cached input price$0.075 / 1M tokens (50% cheaper)
Context window128,000 tokens
Max output16,384 tokens
Open weightsNo
Price rank3 of 17 (cheapest first)
Best forbudget, multimodal

What GPT-4o mini costs in practice

Four common workloads, priced at list rates. Monthly figures assume 30 days.

WorkloadPer requestRequests/dayPer month
Chatbot · 1K in / 500 out$0.000410,000$135.00
RAG Q&A · 8K in / 400 out$0.00145,000$216.00
Doc summary · 30K in / 1K out$0.00511,000$153.00
Code agent · 60K in / 3K out$0.01500$162.00

How many requests does $100 buy?

Assuming a 1,000-token prompt and a 500-token response per request.

222,222 requests
at $0.0004 each · $0.45 per 1,000 requests

How GPT-4o mini pricing actually works

The 4x input-to-output ratio is friendlier than the 8x on the GPT-5 line, so workloads with short prompts and longer answers lose less by staying here. Cached input is $0.075 per million, a 50% discount.

When to use GPT-4o mini

Good for high-volume image tagging, simple vision checks, lightweight chat and text normalization. For pure text it is dominated by GPT-5 nano on price and GPT-5 mini on quality, so its real niche is cheap multimodal work.

How to cut your GPT-4o mini bill

Downscale images before sending them — image tokens scale with resolution, and most classification tasks do not need full resolution. That single change often halves spend on GPT-4o mini vision workloads.

Other OpenAI models

GPT-5
reasoning · coding · long-context
$1.25 / $10
GPT-5 mini
budget · high-volume
$0.25 / $2
GPT-5 nano
cheapest · classification
$0.05 / $0.4
GPT-4o
multimodal · general
$2.5 / $10

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