o1-mini vs o3-mini
o1-mini vs o3-mini: o1-mini is cheaper for input-heavy usage ($1.10/M vs $1.10/M input tokens), while o3-mini is better for long-context tasks (500,000 tokens).
Direct answer: choose o1-mini for lower token spend and choose o3-mini when your workload needs longer context.
Compare input and output token pricing, context windows, and monthly cost estimates on one page so you can pick the cheaper model fast.
Cost Comparison (1000 input + 500 output tokens, 100 requests/day)
o1-mini
o3-mini
Cost Differences
o3-mini costs less than o1-mini
Quick Recommendation
Winner for direct API pricing: o1-mini. At the default workload, o1-mini saves about $0.00/month ($0.00/year) versus o3-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
Pros and Caveats at a Glance
o1-mini
- • Input pricing: $1.10/M tokens
- • Output pricing: $4.40/M tokens
- • Context window: 128,000 tokens
- • Max output: 65,536 tokens
Watch out for
- • Smaller context window than o3-mini
o3-mini
- • Input pricing: $1.10/M tokens
- • Output pricing: $4.40/M tokens
- • Context window: 500,000 tokens
- • Max output: 65,536 tokens
Watch out for
- • Trade-offs are minor in this matchup.
Try Different Scenarios
Use the calculator below to see how costs change with different usage patterns
o1-mini (OpenAI)
o3-mini (OpenAI)
Start using o1-mini today
Sign Up for OpenAI →Start using o3-mini today
Sign Up for OpenAI →Frequently Asked Questions
Which is cheaper, o1-mini or o3-mini?▼
What is the context window difference between o1-mini and o3-mini?▼
Which model is better for AI Chatbot?▼
Which model has better overall pricing for heavy usage?▼
Related Comparisons
Related Articles
Learn when to pick each model, then compare live pricing scenarios.