OpenAI · Pricing

o3-mini pricing

Complete o3-mini API cost reference: $1.10/M input, $4.40/M output, 200K token context window, $0.55/M cached reads. Verified against official sources.

Prices verified August 20, 2026
o3-mini
Input / M
$1.10
Output / M
$4.40
Cache read
$0.55
Cache write
$1.65
Context
200K
Batch
−50%
Vision
Reasoning
Yes

What o3-mini costs in practice

WorkloadCost / callCost @ 1K req/day
Light · 1K in / 300 out$0.0037$113.84/mo
Standard · 10K in / 2K out$0.0286$870.51/mo
Heavy · 100K in / 20K out$0.2860$8705.13/mo

Estimates assume medium reasoning effort, no batch discounts and no prompt caching. Turn on prompt caching and the input side typically drops 50–90% — run your own mix in the free calculator preloaded with o3-mini.

About this page

Prices were last verified on August 20, 2026 against OpenAI's official pricing page. Providers reprice frequently — see our methodology for exactly how estimates are computed, and always confirm final rates with the provider before budgeting.

o3-mini FAQ

How much does o3-mini cost?

o3-mini charges $1.10 per million input tokens and $4.40 per million output tokens, with cached input reads at $0.55/M. Batch mode cuts both rates by 50% for asynchronous workloads.

What is the context window of o3-mini?

o3-mini supports a context window of 200,000 tokens (200K) — roughly 150,000 English words or about 300 pages of text in a single request.

Does o3-mini support images, audio or reasoning?

o3-mini offers hidden reasoning tokens. Lightweight reasoning at budget price points.

How do I estimate my o3-mini bill?

A typical workload of 10K input and 2K output tokens costs about $0.0286 per call with o3-mini. At 1,000 requests per day that is roughly $870.51 per month. Use the free AITokenCalculator to run your exact numbers.