Cost Comparison (1000 input + 500 output tokens, 100 requests/day)
o1-mini
o3-mini
Cost Differences
o3-mini costs less than o1-mini
Feature Comparison
| Feature | o1-mini | o3-mini |
|---|---|---|
| Provider | OpenAI | OpenAI |
| Input Price | $1.10/1M tokens | $1.10/1M tokens |
| Output Price | $4.40/1M tokens | $4.40/1M tokens |
| Context Window | 128,000 tokens | 500,000 tokens |
| Max Output | 65,536 tokens | 65,536 tokens |
| Category | reasoning | reasoning |
| Capabilities | textreasoning | textreasoningcode |
| Release Date | 9/12/2024 | 1/31/2025 |
o1-mini vs o3-mini: Which Should You Choose?
Choosing between o1-mini and o3-mini depends on your priorities: cost efficiency, context length, or raw capability. o3-mini is the more affordable option at $1.10/1M input tokens. Meanwhile, o3-mini offers a significantly larger context window at 500,000 tokens vs 128,000 for o1-mini.
Both models are in the reasoning category, making this a direct head-to-head comparison. At scale — say 10,000 requests per day — the cost difference adds up: o3-mini would save you roughly $0.00/month compared to o1-mini. For startups and indie developers, that difference can be significant.
Output costs matter too. o1-mini charges $4.40/1M output tokens vs $4.40 for o3-mini.
Best Use Cases
Choose o1-mini when:
- • You're already using OpenAI's API ecosystem
Choose o3-mini when:
- • You need a larger context window (500,000 tokens)
- • You need more capabilities (code)
- • You're already using OpenAI's API ecosystem
Try Different Scenarios
Use the calculator below to see how costs change with different usage patterns
o1-mini (OpenAI)
o3-mini (OpenAI)
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