o3-mini pricing & specs
OpenAI · released 2024-12-20 · ● verified 2026-10-11 · deprecated
This model is deprecated. Cheapest compatible replacement: Gemma 4 E2B IT.
input / 1M$1.10
output / 1M$4.40
context200K
max output100K
// price history ($/1M tokens)
// cheaper or similar alternatives
| model | in | out | ctx | vs o3-mini |
|---|---|---|---|---|
| Gemma 4 E2B IT | $0.04 | $0.08 | 131.1K | −97.4% |
| Qwen3.7 Flash | $0.03 | $0.13 | 1M | −97.1% |
| Qwen Turbo | $0.05 | $0.20 | 1M | −95.5% |
| DeepSeek V4 Flash 0731 | $0.06 | $0.18 | 1.05M | −95.3% |
| GPT OSS 120B | $0.05 | $0.25 | 131.1K | −94.8% |
// price by host
| host | in $/1M | out $/1M |
|---|---|---|
| Azure | $1.10 | $4.40 |
// faq
How much does o3-mini cost?
o3-mini costs $1.10 per million input tokens and $4.40 per million output tokens. At 50M input and 10M output tokens per month that is about $99.00.
What is the context window of o3-mini?
200K tokens, with up to 100K output tokens per request.
Does o3-mini support prompt caching?
Yes. Cached input tokens cost $0.55 per million.
What are cheaper alternatives to o3-mini?
Gemma 4 E2B IT ($0.04 in / $0.08 out), Qwen3.7 Flash ($0.03 in / $0.13 out), Qwen Turbo ($0.05 in / $0.20 out) offer the same input types and capabilities for less.
// spec sheet
- input / 1M
- $1.10
- output / 1M
- $4.40
- cache read / 1M
- $0.55
- blended (3:1)
- $1.925
- context
- 200K
- max output
- 100K
- input types
- text
- reasoning
- yes
- tool calling
- yes
- structured output
- yes
- open weights
- no
- knowledge cutoff
- 2024-05
- price source
- OpenAI
// cost calculator
| model | in $/1M | out $/1M | = monthly |
|---|---|---|---|
| Gemma 4 E2B IT | $0.04 | $0.08 | $2.80 |
| Qwen3.7 Flash | $0.03 | $0.13 | $2.80 |
| Qwen Turbo | $0.05 | $0.20 | $4.50 |
| o3-mini | $1.10 | $4.40 | $99.00 |
Base-tier list prices. Long-context tiers, caching and batch discounts are not included.