CHEAPEST INPUT TODAY Nova Micro $0.035/MBLENDED PRICE SPREAD 1102× (Nova Micro → GPT-5.4 Pro)128 MODELS · 16 PROVIDERS re-checked every morning by a GitHub ActionFOLLOW PRICE CHANGES commit feed → Data & Alerts

MiniMax API pricing

4 models tracked · headquartered in CN · official pricing

Free tier: Unclear What MiniMax gives you free, in its own words

USD per 1M tokens, cheapest first by blended rate
ModelInputOutputContext
MiniMax M2 $0.3 $1.2 200K reasoning
MiniMax M2.1 $0.3 $1.2 1M reasoning
MiniMax M2.5 $0.3 $1.2 1M reasoning
MiniMax M3 $0.3 $1.2 1M reasoning

Compare MiniMax’s models on your own workload

How MiniMax prices its models

Output prices across MiniMax's 4 current models run from $1.2 per 1M tokens (MiniMax M2) to $1.2 (MiniMax M3), a 1x spread. Picking the smallest model that does the job is usually the biggest saving available.

Discounts: caching and batch

4 of 4 current models list a cached-input rate, from 90% off the fresh input rate on MiniMax M2. 0 list a batch discount for work that can wait.

Recorded price changes

No vendor price change to a MiniMax input or output rate is on record since tracking began. Corrections we made to our own readings are listed on the changes page.

Where these prices come from

Every rate above is read from MiniMax's own pricing page (linked here) and re-checked every morning. A disputed figure is marked rather than hidden; see how PromptSpend checks prices.

Common questions

How much do MiniMax API models cost?

PromptSpend tracks 4 MiniMax models. The cheapest on a blended rate is MiniMax M2, at $0.3 per 1M input tokens and $1.2 per 1M output tokens; the most expensive is MiniMax M3, at $0.3 in and $1.2 out.

Does MiniMax have a free API tier?

PromptSpend's verdict is "Unclear". Its free-tier page gives MiniMax's own wording for each claim, with a link to the page it came from and the date it was read.

Where do the MiniMax prices come from?

From MiniMax's own pricing page, https://platform.minimax.io/docs/guides/pricing-paygo, with each model's check date shown on its page. Prices change without notice, and regional premiums, priority tiers and negotiated discounts are not included.

Standard-tier, global-endpoint list prices in USD. This build read the catalog generated 2026-11-11.