MiniMax API pricing per million tokens
On 10 October 2026, MiniMax models on this list cost from $0.20 per million input tokens (MiniMax-01) to $0.40 (MiniMax M1), and from $1.02 per million output tokens (MiniMax M2) to $2.20 (MiniMax M1).
| Model | Input | Output | Cached input | Batch in / out | Context | Your month | Listed |
|---|---|---|---|---|---|---|---|
| MiniMax M3 | $0.30 | $1.20 | $0.06 | 1.05M | $36.00 | 2026-05-31 | |
| MiniMax M2.7 | $0.30 | $1.20 | $0.06 | 205K | $36.00 | 2026-03-18 | |
| MiniMax M2.5 | $0.30 | $1.20 | $0.03 | 205K | $36.00 | 2026-02-12 | |
| MiniMax M2-her | $0.30 | $1.20 | $0.03 | 66K | $36.00 | 2026-01-23 | |
| MiniMax M2.1 | $0.30 | $1.20 | $0.03 | 205K | $36.00 | 2025-12-23 | |
| MiniMax M2 promotional price, regular $0.30 in and $1.20 out | $0.255 | $1.02 | 205K | $30.60 | 2025-10-23 | ||
| MiniMax M1 | $0.40 | $2.20 | 1M | $57.00 | 2025-06-17 | ||
| MiniMax-01 | $0.20 | $1.10 | 1M | $28.50 | 2025-01-15 |
Compare MiniMax with every other provider
Common questions
How much does the MiniMax API cost?
On 10 October 2026, MiniMax models on this list cost from $0.20 per million input tokens (MiniMax-01) to $0.40 (MiniMax M1), and from $1.02 per million output tokens (MiniMax M2) to $2.20 (MiniMax M1).
What is the cheapest MiniMax model?
For a typical mix of three input tokens to every output token, the cheapest is MiniMax-01 at $0.20 per million input tokens and $1.10 per million output tokens.
What is the newest MiniMax model on the list?
MiniMax M3, listed on 31 May 2026, at $0.30 per million input tokens and $1.20 per million output tokens.
Which MiniMax model has the largest context window?
MiniMax M3, with 1.05M tokens of context.
Choosing a model for a production agent
Price is one input. Quality on your own cases, latency and the cost of retries decide the rest. Tell me what you are building.