OpenAI

o4-mini Pricing

OpenAI ยท o-series ยท Live

Prices verified September 14, 2026

o4-mini costs $0.55 per million input tokens and $2.2 per million output tokens on the OpenAI API. It supports a 200,000-token context window and up to 100,000 output tokens per request. The model supports extended reasoning, image input, tool use. Pricing verified September 14, 2026.

o4-mini API pricing

o4-mini API pricing is $0.55 per million input tokens and $2.2 per million output tokens, verified September 14, 2026.

Input (per 1M tokens)
$0.55
Output (per 1M tokens)
$2.2
Context window
200,000 tokens
Max output
100,000 tokens
Estimate your o4-mini cost

Capabilities

o4-mini supports extended reasoning, image input, tool use.

Extended reasoningImage inputTool use

o4-mini API pricing has changed 1 time on record, most recently on August 24, 2026 (decrease).

  • August 24, 2026: Decrease โ€” input $1.1 โ†’ $0.55/M (โˆ’$0.55) โ€” output $4.4 โ†’ $2.2/M (โˆ’$2.2)

Frequently asked questions

Short answers to the most common questions about o4-mini pricing, limits, and capabilities.

Notes

Long Context flag corrected to false 2026-07-28 โ€” o4-mini has 200K token context, not 1M+. [2026-08-24] PRICE CUT โ€” Input fell $1.10 โ†’ $0.55 and Output fell $4.40 โ†’ $2.20 per million tokens (50% cut on both sides). Corroborated by cloudzero.com "OpenAI API pricing in 2026: every model after the July price cuts", pricepertoken.com o4-mini page ("cheapest input price has fallen 50%, from $1.10 to $0.550 over the past ~90 days"), and metacto.com. Cut appears tied to OpenAI's July 30, 2026 price reductions.