OpenAI o3-mini by OpenAI costs $1.10 per 1 Million input tokens and $4.40 per 1 Million output tokens. It features a 200k context window and has a blended 3:1 production rate of $1.925/1M tokens.
OpenAI o3-mini
Next-generation cost-efficient reasoning model with adjustable reasoning effort levels.
Verified Specifications & Benchmark Data
| Developer / Provider | OpenAI |
| Model Family | o-Series |
| Blended 3:1 Rate (Production Benchmark) | $1.925 / 1M tokens |
| Batch API Discount (24hr SLA) | 50% off standard rate |
| Multimodal Vision | ❌ Text Only |
| Function Calling / Structured Outputs | ✅ Native Tool Calling |
| MMLU Benchmark Score | 89.5% |
| Latency & Throughput Tier | Fast Reasoning (~60 t/s) |
| Optimal Architecture & Use Cases | High-throughput complex code synthesis and mathematical logic |
Frequently Asked Questions about OpenAI o3-mini
How much does OpenAI o3-mini cost per 1M tokens?
OpenAI o3-mini pricing is set at $1.10 per 1 million input tokens and $4.40 per 1 million output tokens. For high-volume batch workloads, 24-hour batch queues provide a 50% off standard rate.
How much money does OpenAI o3-mini prompt caching save?
With prompt caching enabled, cached input tokens are discounted to $0.550/1M, saving 50% on repeated system prompts and document vectors.
What is the context window limit of OpenAI o3-mini?
OpenAI o3-mini has a maximum context window of 200k (200,000 tokens), supporting up to 100,000 completion tokens per response.
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