gpt-5-mini pricing

gpt-5-mini from OpenAI costs $0.250 per 1M input tokens and $2.00 per 1M output tokens. Cached input is $0.025 per 1M. Context window 400,000 tokens.

API id gpt-5-mini · OpenAI · source · updated 2026-08-11

$0.250
Input / 1M tokens
$2.00
Output / 1M tokens
$0.025
Cached input / 1M
400K
Context window

What gpt-5-mini costs in practice

Estimated cost at common usage volumes
WorkloadInput tokensOutput tokensEstimated cost
Short chat turn1,000500$0.0013
Document summary50,0002,000$0.02
1M tokens in, 200K out1,000,000200,000$0.65

Estimates use the standard tier and ignore caching discounts, so real bills with repeated prompt prefixes are typically lower.

Common questions

How much does gpt-5-mini cost per 1M tokens?
gpt-5-mini costs $0.250 per 1M input tokens and $2.00 per 1M output tokens on the standard tier. Cached input is $0.025 per 1M.
What is gpt-5-mini's context window?
gpt-5-mini accepts up to 400,000 tokens in a single request, and can return up to 128,000 output tokens.
Is there a cheaper OpenAI model than gpt-5-mini?
Yes. gpt-4.1-nano-2025-04-14 is $0.200 per 1M input tokens versus $0.250 for gpt-5-mini.
Where does this gpt-5-mini price come from?
Directly from OpenAI's published pricing page, re-read every day and normalized to USD per 1,000,000 tokens.

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