OpenAI GPT Mini Latest
by ~openai · ~openai/gpt-mini-latest · #218 cheapest of 325 paid models
Prices updated Jul 22, 2026, 1:43 AM UTC · refreshed hourly
This model always redirects to the latest model in the OpenAI GPT Mini family.
Compare vs:Claude Sonnet 5Claude Opus 4.6Claude Haiku 4.5GPT-5.6 Sol
Pricing
Input
$0.75
per 1M tokens
Output
$4.50
per 1M tokens
Blended (3:1)
$1.69
3 input : 1 output
Cache read
$0.075
per 1M cached tokens
Cache write
—
per 1M tokens
Cache & batch economics
Effective prices for OpenAI GPT Mini Latest with prompt caching.
| Cache hit rate | Effective blended $/1M | Example request* | vs no cache |
|---|---|---|---|
| 0% | $1.69 | $0.081 | — |
| 50% | $1.43 | $0.0473 | −42% |
| 90% | $1.23 | $0.0203 | −75% |
*Example: 100K sticky context + 2K new input + 1K output. Batch discount is an approximate 50% off list rates (available for OpenAI / Anthropic / Google — not flagged for this creator). Confirm on the vendor’s pricing page.
What a request costs
| Workload | Input tokens | Output tokens | Cost / request | Cost / 1K requests |
|---|---|---|---|---|
| Short chat message | 500 | 300 | $0.001725 | $1.72 |
| Document summary | 8,000 | 1,000 | $0.0105 | $10.50 |
| Codebase question (RAG) | 30,000 | 2,000 | $0.0315 | $31.50 |
| Long-context analysis | 150,000 | 5,000 | $0.135 | $135.00 |
Specs
Context window
400K
tokens
Max output
128K
tokens
Input modalities
file, image, text
Tokenizer
Router