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GPT 5 Mini API pricing

Azure OpenAI · chat model · 272K context · ranked #641 of 1809 by input price

prices checked 2026-09-13 13:40 UTC
Input / 1M tokens
$0.25
Output / 1M tokens
$2
Cached input / 1M
$0.025
Max output
128K

What GPT 5 Mini costs in practice

GPT 5 Mini is priced at $0.25 per million input tokens and $2 per million output tokens , with cached input billed at $0.025 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 2.00× cheaper.

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$33$1.1
10,000 requests/day$330$11
100,000 requests/day$3300$110
1M summaries/month$2599.97$86.67

Model a different profile in the cost calculator.

Capabilities

visiontoolsreasoningprompt_caching

Provider description

GPT-5 Mini is a compact version of GPT-5, designed to handle lighter-weight reasoning tasks. It provides the same instruction-following and safety-tuning benefits as GPT-5, but with reduced latency and cost....

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: $0.25
  • Second source:
  • Our output price: $2
  • Second source:

More from Azure OpenAI

Frequently asked

How much does GPT 5 Mini cost per 1,000 tokens?

About $0.00025 for input and $0.002 for output tokens, based on the per-million rates on this page.

Is GPT 5 Mini cheaper than other models?

By input price it ranks #641 of 1809 priced chat models in this index, putting it in the cheaper half of the market.

How often is GPT 5 Mini'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.