Head to head
gpt-5-mini vs gpt-5-nano: API Pricing Compared
On a typical chat turn of 10K input and 1K output tokens, gpt-5-nano costs $0.00090 against $0.00450 for gpt-5-mini, making it 80% cheaper. Both rates are read daily from the providers' own pricing pages.
Side by side
| gpt-5-mini | gpt-5-nano | |
|---|---|---|
| Provider | OpenAI | OpenAI |
| Input / 1M tokens | $0.25 | $0.05 |
| Output / 1M tokens | $2.00 | $0.40 |
| Context window | short | short |
| Blended cost / chat turn | $0.00450 | $0.00090 |
| Price verified | 2026-08-06 | 2026-08-06 |
Cost by workload
The headline rate rarely decides the bill. These are the same four workloads priced against both models.
| Workload | Tokens | gpt-5-mini | gpt-5-nano |
|---|---|---|---|
| Single short call | 2K in, 500 out | $0.00150 | $0.00030 |
| Typical chat turn | 10K in, 1K out | $0.00450 | $0.00090 |
| Long document pass | 100K in, 2K out | $0.029 | $0.00580 |
| 1,000 chat turns | 10M in, 1M out | $4.50 | $0.900 |
Which one actually wins
gpt-5-nano is cheaper on both the input and the output rate, so it never costs more no matter how input-heavy or output-heavy the workload is. There is no crossover point to reason about. Price is only one axis, so weigh it against context window, latency, and the quality difference on your own evaluation set before switching.
Common questions
Which is cheaper, gpt-5-mini or gpt-5-nano?
gpt-5-nano is cheaper for a typical chat turn of 10K input and 1K output tokens, at $0.00090 against $0.00450 for gpt-5-mini, a difference of 80%.
How much does gpt-5-mini cost per 1M tokens?
OpenAI charges $0.25 per 1M input tokens and $2.00 per 1M output tokens for gpt-5-mini, verified 2026-08-06.
How much does gpt-5-nano cost per 1M tokens?
OpenAI charges $0.05 per 1M input tokens and $0.40 per 1M output tokens for gpt-5-nano, verified 2026-08-06.
Does gpt-5-nano stay cheaper for every workload?
Yes. gpt-5-nano is cheaper on both the input and the output rate, so it never costs more regardless of how input-heavy or output-heavy the workload is.
Full pricing pages
Maintained by Jordan Hale, TechFastForward. Both prices are read daily from the official provider pages and recorded only when they move. Compare any other pair on the LLM API Pricing Tracker.