OpenAI · Reasoning Economy

o3-mini API Pricing · Cost per Token

o3-mini is OpenAI's previous-generation economy reasoning model. Succeeded by o4-mini which offers improved capabilities at the same price point.

Current pricing

  • Input tokens: $1.10 per 1M tokens
  • Output tokens: $4.40 per 1M tokens
  • Context window: 200k tokens
  • Provider: OpenAI

Cost at common workload volumes

  • 1,000 requests/day (500 input + 300 output tokens each): calculate in the cost calculator below
  • Prompt caching: available on select OpenAI models to reduce repeated-context costs
  • Batch API: 50% discount for async workloads on eligible models
Calculate my o3-mini cost