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o3-mini API pricing on OpenAI

Every OpenAI o3-mini rate we track, compared against 4 providers serving the same model.

Input from /1M
$0.550
Output /1M
$2.20
Price rank
#1 of 4
Last updated
October 15, 2026

OpenAI currently has the cheapest o3-mini input price among the 4 providers we track.

OpenAI o3-mini rates

Prices per 1M tokens. Batch and cached-input rates are shown where the provider publishes them.

OpenAI o3-mini pricing by mode
ModeInputOutput
Batch$0.550/1M$2.20/1M
Standard$1.10/1M$4.40/1M

About o3-mini

Creator
OpenAI
Context
200K
Modalities
text
Knowledge cutoff
Oct 2024
Tool calling
Yes
Full o3-mini details and every provider →Compare API pricing for every OpenAI model →

o3-mini on other providers

About OpenAI

OpenAI is an AI research company offering its GPT model family, reasoning models, image generation, and realtime audio models through its API platform. Developers build on the Responses API and Agents SDK with pay-per-token pricing.

Frequently Asked Questions

How much does o3-mini cost on OpenAI?

OpenAI serves o3-mini from $0.550 per 1M input tokens, across 2 tracked pricing modes. Prices are collected daily — see the table above for current input, output, and cached-input rates.

Is OpenAI the cheapest way to run o3-mini?

Of the 4 providers we track serving o3-mini, OpenAI currently has the lowest input price. Rates change often, and throughput and latency differ between providers — check the comparison above before committing.

Does OpenAI offer batch or cached pricing for o3-mini?

We track 2 o3-mini offerings from OpenAI. Batch and cached-input rates appear in the table above when the provider publishes them; blank cells mean we have no current figure for that mode.