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🧠 ReasoningBudget-Friendly

o4-mini

by OpenAI

Latest efficient reasoning model

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Input Price

$1.1

per 1M tokens

Output Price

$4.4

per 1M tokens

Context Window

2,000K

tokens (131.072K max output)

Specifications

Release Date2025-04-16
Category🧠 Reasoning
Context Window2,000,000 tokens
Max Output131,072 tokens
ProviderOpenAI
Input Cost$1.1 / 1M tokens
Output Cost$4.4 / 1M tokens
Price TierBudget-Friendly

Capabilities

textreasoningcode

Related Use Cases

Monthly Cost Estimates

Usage LevelDaily TokensDailyMonthlyYearly
Light~50 requests/day100K in / 20K out$0.20$5.94$72
Medium~200 requests/day500K in / 100K out$0.99$29.70$361
Heavy~1K requests/day2,000K in / 500K out$4.40$132.00$1606
Enterprise~5K requests/day10,000K in / 2,000K out$19.80$594.00$7227

Cost Calculator

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Frequently Asked Questions

How much does o4-mini API cost per million tokens?
o4-mini costs $1.1 per million input tokens and $4.4 per million output tokens as of 2026. These are the standard API rates from OpenAI.
What is the o4-mini context window?
o4-mini supports a 2M context window (2,000,000 tokens), which means you can process up to 2M tokens in a single API call.
How much does o4-mini cost per month?
At medium usage (~200 requests/day with 500K input and 100K output tokens/day), o4-mini costs approximately $29.70/month. Light usage runs about $5.94/month, and heavy usage (~1K requests/day) around $132.00/month.
Is there a cheaper alternative to o4-mini?
Yes — GPT-5.4 mini by OpenAI is a cheaper option at $0.75/M input tokens vs $1.1/M for o4-mini. Other budget alternatives include models in the efficient tier.
Is o4-mini good for ai agent / agentic workflows?
o4-mini is a reasoning model with support for text, reasoning, code. For ai agent / agentic workflows, it offers 2M context and costs $1.1/M input tokens — a budget-friendly choice for this use case.

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