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GPT 5.1 Codex Max API pricing

Azure OpenAI · chat model · 272K context · ranked #1324 of 1809 by input price

prices checked 2026-09-13 13:40 UTC
Input / 1M tokens
$1.25
Output / 1M tokens
$10
Cached input / 1M
$0.125
Max output
128K

What GPT 5.1 Codex Max costs in practice

GPT 5.1 Codex Max is priced at $1.25 per million input tokens and $10 per million output tokens , with cached input billed at $0.125 per million — roughly 90% cheaper than fresh input, which matters if your app resends a large system prompt. Against the median priced chat model ($0.5/1M in), this sits at 2.5×.

Monthly cost examples

Assuming 1,200 prompt + 400 completion tokens per request unless noted, billed 30 days a month and without cache hits.

WorkloadCost / monthCost / day
1,000 requests/day$165$5.5
10,000 requests/day$1650$55
100,000 requests/day$16500$550
1M summaries/month$12999.87$433.33

Model a different profile in the cost calculator.

Capabilities

visiontoolsreasoningprompt_caching

Provider description

GPT-5.1-Codex-Max is OpenAI’s latest agentic coding model, designed for long-running, high-context software development tasks. It is based on an updated version of the 5.1 reasoning stack and trained on agentic...

Cheaper alternatives

Ranked by blended cost (3× input + 1× output) — cheaper, but check context and capabilities before switching.

#ModelProviderInput $/1MOutput $/1MCached $/1MContext
1Gemini Exp 1114Google Geminifreefree1.0M
2Gemini Exp 1206Google Geminifreefree2.1M
3Gemma 3 27b ItGoogle Geminifreefree131K
4Gemma 4 26b A4b ItGoogle Geminifreefree262K
5Gemma 4 31b ItGoogle Geminifreefree262K
6Learnlm 1.5 Pro ExperimentalGoogle Geminifreefree33K

Data provenance

This page is assembled from the sources below. Where two sources disagree, both are shown.

Primary sources
Cross-check
  • Our input price: $1.25
  • Second source:
  • Our output price: $10
  • Second source:

More from Azure OpenAI

Frequently asked

How much does GPT 5.1 Codex Max cost per 1,000 tokens?

About $0.00125 for input and $0.01 for output tokens, based on the per-million rates on this page.

Is GPT 5.1 Codex Max cheaper than other models?

By input price it ranks #1324 of 1809 priced chat models in this index, putting it in the more expensive half of the market.

How often is GPT 5.1 Codex Max's price checked?

The dataset was last refreshed 2026-09-13 13:40 UTC. Providers can change pricing at any time — verify with Azure OpenAI before committing to a budget.