← API pricing · MiniMax
MiniMax API pricing
What each of MiniMax's 2 live models costs on MiniMax's own API, in US dollars per million tokens: input, output and input read from the prompt cache, plus the higher rate past each long-prompt threshold. These are the published list prices in the models.dev catalog as of October 25, 2026, refreshed daily. The AW Index column is each model's standing on the bench index.
| Model | Input | Output | Cached input | Context | AW Index |
|---|---|---|---|---|---|
MiniMax M3.1 FlashMiniMax · MiniMax-M3.1-Flash | $0.15 | $0.60 | $0.015 | 1M | 48.8 |
MiniMax M3MiniMax · MiniMax-M3 | $0.30† | $1.20† | $0.06 | 1M | 5.8 |
† Long prompts cost more: MiniMax M3 $0.60 / $2.40 over 512K tokens.
What a workload costs on these models, side by side: the cost calculator, filtered to MiniMax.
Quick answers
What is the cheapest MiniMax model on the API?
MiniMax M3.1 Flash, at $0.15 input / $0.60 output per million tokens, the lowest input and output price of MiniMax's 2 priced models.
What is MiniMax's most expensive model?
MiniMax M3, at $0.30 input / $1.20 output per million tokens.
Does MiniMax discount cached input?
Yes. Input read from the prompt cache costs 80% to 90% less than normal input across the 2 models that publish a cached price, from MiniMax M3.1 Flash (90% off) to MiniMax M3 (80% off).
Does MiniMax charge more for long prompts?
On 1 of its 2 priced models: MiniMax M3 goes to $0.60 / $2.40 past 512K tokens.
How do MiniMax's prices compare with other labs?
Its cheapest model by output price, MiniMax M3.1 Flash, ranks 6 of the 39 priced models from every lab on output price. Prices are MiniMax's own list prices from the models.dev catalog as of October 25, 2026; clouds and resellers may charge differently.
Other labs: Anthropic · Google · OpenAI · Meta · xAI · Zhipu AI · Alibaba · Moonshot · Xiaomi · every model in one table · prompt caching prices
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