OpenAIo1-mini API pricing
o1-mini was retired on . Its last price was $1.10 per 1M input tokens and $4.40 per 1M output tokens.
Last price
Launch price
o1-mini launched at this price on .
Price history
Every price event
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Price change · first seen between and
Rates from first seen between January 29, 2025 and February 1, 2025 Rate Per 1M tokens Input $1.10 Cached input $0.55 Output $4.40 Price cut by about 63% to o3-mini's level, around o3-mini's launch (2025-01-31). The o3-mini post doesn't mention it and no dated announcement was found. Capture 20250129060213 still shows $3/$12 for o1-mini and o1-mini-2024-09-12; capture 20250201145921 shows o1-mini-2024-09-12 at $1.10/$4.40 with $0.55 cached.
- Price: Archived page (openai.com, captured February 1, 2025)
quote
Other models ... o1-mini-2024-09-12 Input Output $1.10 / 1M tokens $4.40 / 1M tokens $0.55 / 1M cached* tokens
- Price: Archived page (platform.openai.com, captured December 16, 2025)
quote
o3-mini $1.10 $0.55 $4.40 o1-mini $1.10 $0.55 $4.40
- Date: Archived page (openai.com, captured January 29, 2025)
quote
o1-mini Pricing $3.00 / 1M input tokens $1.50 / 1M cached* input tokens $12.00 / 1M output** tokens o1-mini-2024-09-12 Pricing $3.00 / 1M input tokens $1.50 / 1M cached* input tokens $12.00 / 1M output** tokens
- Date: Archived page (openai.com, captured February 1, 2025)
quote
Other models ... o1-mini-2024-09-12 Input Output $1.10 / 1M tokens $4.40 / 1M tokens $0.55 / 1M cached* tokens
- Price: Archived page (openai.com, captured February 1, 2025)
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Prices added ·
- Cached input added at $1.50
Prompt Caching launched (cached input $1.50). Standard rates unchanged.
- Price: Archived page (openai.com, captured October 2, 2024)
quote
o1 mini | $3.00 | $1.50 | $12.00
- Price: Archived page (openai.com, captured October 3, 2024)
quote
o1-mini $3.00 / 1M input tokens $1.50 / 1M cached* input tokens $12.00 / 1M output* tokens
- Date: Archived page (openai.com, captured October 2, 2024)
quote
Starting today, Prompt Caching is automatically applied on the latest versions of GPT-4o, GPT-4o mini, o1-preview and o1-mini, as well as fine-tuned versions of those models.
- Date: Archived page (openai.com, captured October 2, 2024)
quote
October 1, 2024
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Launch price ·
Tier-5 developers only at launch. Price from the pricing capture of 2024-09-13.
- Price: Archived page (openai.com, captured September 13, 2024)
quote
o1-preview $15.00 / 1M input tokens $60.00 / 1M output tokens ... o1-mini $3.00 / 1M input tokens $12.00 / 1M output tokens
- Date: Archived page (openai.com, captured September 12, 2024)
quote
Developers who qualify for API usage tier 5 ... can start prototyping with both models in the API today with a rate limit of 20 RPM.
- Date: Changelog (developers.openai.com)
quote
September, 2024 / Sep 12 / Released o1-preview and o1-mini, new large language models trained with reinforcement learning to perform complex reasoning tasks.
- Price: Archived page (openai.com, captured September 13, 2024)
Gaps in this history
Exact date of the 2025 price cut not documented (bounded 2025-01-29 to 2025-02-01). Batch prices ($0.55/$2.20) appear only on platform docs captures from 2025-12-11, after the model's 2025-10-27 shutdown; earlier pages list o1-mini in tables with no batch column, so no batch rate is recorded.
API ids
o1-minio1-mini-2024-09-12