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Claude Haiku 4.5 vs MiniMax M3

Side-by-side API pricing and Artificial Analysis performance for Claude Haiku 4.5 (Anthropic) and MiniMax M3 (MiniMax). Green cells mark the better value in each row.

Prices updated Jul 22, 2026, 1:33 AM UTC · refreshed hourly

Claude Haiku 4.5

Anthropic

MiniMax M3

MiniMax

Pricing
Input $/1M$1.00$0.30
Output $/1M$5.00$1.20
Blended $/1M (3:1)$2.00$0.525
RAG example (30K in / 2K out)$0.04$0.0114
Quality & speed
Intelligence Index29.644.4
Coding Index43.958.6
Agentic Index16.435.4
Output speed (tok/s)97
Time to first token1.29s
Specs
Context window200K1.05M
Input modalitiestext, image, filetext, image, video

FAQ

Which is cheaper, Claude Haiku 4.5 or MiniMax M3?

MiniMax M3 has the lower blended API price at $0.525 per 1M tokens (3:1 input:output mix), versus $2.00 for the other model. Prices are live from OpenRouter and refresh about hourly.

Which is better for RAG workloads?

For a typical RAG request (30K input / 2K output tokens), MiniMax M3 costs about $0.0114 per request versus $0.04. Also compare context windows: Claude Haiku 4.5 offers 200K and MiniMax M3 offers 1.05M.

Which scores higher on Artificial Analysis benchmarks?

MiniMax M3 leads on the Artificial Analysis Intelligence Index (44.4 vs 29.6). Check coding and agentic indices on this page for workload-specific tradeoffs.