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Agent Month

GPT-4o mini

Fast / cheap

Low-cost small model with a 128K context window. Confirm current pricing with OpenAI.

Input / 1M
$0.15
Output / 1M
$0.60
Context
128K tokens
Provider
OpenAI

Pricing verified June 2026. Prices change frequently. Always confirm against the provider’s official pricing page before relying on these figures for budgeting. Official pricing →

What GPT-4o mini is best for

Cheap, fast, high-volume tasks on the OpenAI stack — the common downgrade target for cost work.

Use it for high-volume, latency-sensitive, low-stakes work: classification, extraction, routing, first-pass drafts. Avoid it for tasks where a wrong answer is expensive — keep those on a stronger model.

GPT-4o mini cost by volume

Estimated monthly cost at three realistic volumes, at $0.15 input / $0.60 output per million tokens.

ScenarioInput / moOutput / moEst. cost / mo
Prototype2M0.5M$1
Growing product50M10M$14
At scale500M100M$135

Plug in your own numbers with the cost calculator.

How to cut your GPT-4o mini bill

The headline price isn’t the lever — your usage pattern is. The biggest reductions come from how you route and structure requests, not from switching models alone:

  • Route low-stakes calls to a cheaper tier and keep GPT-4o mini on the routes where its strengths matter.
  • Cache large stable prompt prefixes so repeated context bills at a fraction of the price.
  • Batch non-urgent work, and trim oversized context by retrieving instead of stuffing.
  • Add fallback chains so a timeout doesn’t trigger an expensive retry.

Do it behind evals so quality holds — that combination is how teams cut 30–60% without regressions.

Context window: 128K tokens

GPT-4o mini’s context window bounds how much it can consider at once — system prompt, history, retrieved docs, and the response all draw from those 128K tokens. A larger window enables whole-codebase reasoning and long documents, but using more of it costs more per request — so retrieval and caching still matter even when the window is large.

Frequently asked questions

How much does GPT-4o mini cost?

GPT-4o mini costs $0.15 per million input tokens and $0.60 per million output tokens. A workload of 50M input and 10M output tokens per month would cost about $13.5. Confirm current pricing with the provider.

What is GPT-4o mini's context window?

GPT-4o mini has a 128K-token context window. Low-cost small model with a 128K context window. Confirm current pricing with OpenAI.

Is GPT-4o mini the right model for my workload?

Cheap, fast, high-volume tasks on the OpenAI stack — the common downgrade target for cost work. The cheapest correct model is workload-specific — route low-stakes calls to a cheaper tier and reserve GPT-4o mini for work where its strengths matter, validated by evals.