OpenAI
gpt-5-mini API Pricing
OpenAI charges $0.25 per 1M input tokens and $2.00 per 1M output tokens across a short context window. Verified 2026-08-06 against the official OpenAI pricing page.
Input / 1M tokens
$0.25
Output / 1M tokens
$2.00
Context window
short
What it costs to run
| Workload | Tokens | Cost |
|---|---|---|
| Single short call | 2K in, 500 out | $0.00150 |
| Typical chat turn | 10K in, 1K out | $0.00450 |
| Long document pass | 100K in, 2K out | $0.029 |
| 1,000 chat turns | 10M in, 1M out | $4.50 |
Price history
No price move recorded for gpt-5-mini since tracking began on 2026-08-06. Every future change lands here with the before and after.
How it compares
Ranked on the blended cost of a typical chat turn (10K in, 1K out), not the input rate alone.
| DeepSeek | deepseek-v4-flash | $0.00210 per turn |
| OpenAI | gpt-5.6-luna | $0.00320 per turn |
| OpenAI | gpt-5.4-nano | $0.00325 per turn |
| gemini-3.1-flash-lite | $0.00400 per turn | |
| OpenAI | babbage-002 | $0.00440 per turn |
| OpenAI | gpt-5-mini | $0.00450 per turn |
| gemini-3.5-flash-lite | $0.00550 per turn | |
| gemini-2.5-flash | $0.00550 per turn | |
| OpenAI | gpt-4.1-mini | $0.00560 per turn |
| OpenAI | gpt-3.5-turbo | $0.00650 per turn |
| OpenAI | gpt-3.5-turbo-0125 | $0.00650 per turn |
Head to head
Full cost breakdowns against the models gpt-5-mini is usually weighed against, including the workload shape where the cheaper option flips.
TechFastForward coverage of gpt-5-mini
What we wrote when this model, or the rest of its line, was news.
- OpenAI Kills Astra Launch Over Critical Hacking Risk2026-08-09
- OpenAI GPT-5.6 Sol Launches with 68 Percent Fewer Errors2026-08-09
- OpenAI Cuts ChatGPT Limits for 1 Billion Free Users2026-08-08
- OpenAI Sol Wins Commerce Clearance, Beats Anthropic2026-07-14
- OpenAI GPT-5.6 Cuts Frontier Model Costs 67 Percent2026-07-12
- OpenAI Cuts Frontier Model Pricing as Inference Commodifies2026-07-11
Free JSON API
Every tracked model, including this one, is available as JSON. Free to use with attribution and a link back.
curl https://techfastforward.com/api/data/llm-pricingMaintained by Jordan Hale, TechFastForward. Prices are read daily from the official provider page and recorded only when they move. See every tracked model on the LLM API Pricing Tracker.