MiniMaxMiniMax M1 pricing
$0.55 per 1M input tokens and $2.20 per 1M output tokens. In real work that is 0.22¢ per chat answer and 0.87¢ to summarize a 20-page PDF.
What MiniMax M1 costs per task
Token counts estimated from a measured model of the same lab (MiniMax M3), rescaled by tokenizer. Reasoning tokens are billed as output.
| Task | Cost | Tokens used | Price rank | Basis |
|---|---|---|---|---|
| Answer a chat question | 0.22¢$2.16 / 1,000 | 205 in · 447 out · 482 reasoning | 162 of 336 | estimated |
| Reply to a customer email | 0.12¢$1.21 / 1,000 | 417 in · 260 out · 187 reasoning | 178 of 336 | estimated |
| Write a 1,500-word blog post | 0.50¢$5.00 / 1,000 | 219 in · 1,774 out · 442 reasoning | 132 of 336 | estimated |
| Write 10 product descriptions | 0.38¢$3.77 / 1,000 | 441 in · 1,071 out · 531 reasoning | 120 of 336 | estimated |
| Translate 1,000 words | 1.3¢$13.44 / 1,000 | 1,473 in · 1,207 out · 4,535 reasoning | 205 of 336 | estimated |
| Proofread one page (500 words) | 0.28¢$2.83 / 1,000 | 874 in · 651 out · 416 reasoning | 178 of 336 | estimated |
| Summarize a 20-page PDF | 0.87¢$8.65 / 1,000 | 12,901 in · 462 out · 246 reasoning | 171 of 336 | estimated |
| Extract data from an invoice | 0.22¢$2.17 / 1,000 | 536 in · 563 out · 289 reasoning | 156 of 336 | estimated |
| Analyze a 200-row spreadsheet | ≥3.8¢$37.92 / 1,000 | 4,940 in · 153 out · 15,847 reasoning | 212 of 336 | estimated |
| Answer from 5 retrieved documents (RAG) | 0.48¢$4.85 / 1,000 | 3,773 in · 822 out · 437 reasoning | 168 of 336 | estimated |
| Classify 100 support tickets | 0.50¢$5.02 / 1,000 | 1,424 in · 441 out · 1,485 reasoning | 143 of 336 | estimated |
| Review 500 lines of code | 0.83¢$8.31 / 1,000 | 4,762 in · 2,588 out | 132 of 336 | estimated |
| Write a SQL query | 0.17¢$1.69 / 1,000 | 272 in · 702 out | 139 of 336 | estimated |
| Run a 50-step coding agent | $1.28$1,275 / 1,000 | 2,221,837 in · 14,895 out · 9,350 reasoning | 246 of 336 | modeled |
Price at every provider
List prices per 1M tokens (input / output) at each host serving MiniMax M1 through OpenRouter today. Hosts can differ in quantization, context and speed.
| Provider | Input / output | Cached input | Context | Uptime |
|---|---|---|---|---|
| M Minimaxunknown | $0.40 / $2.20 | - | 1M | |
 Novitabf16 | $0.55 / $2.20 | - | 1M |
Price history
First seen in our price history on Jun 23, 2025 at $0.30 input / $1.65 output. Since then the output price moved from $1.65 to $2.20 per 1M tokens (4 changes).
FAQ
How much does MiniMax M1 cost?
MiniMax M1 costs $0.55 per 1 million input tokens and $2.20 per 1 million output tokens (list price on Oct 18, 2026). In practice one chat answer costs about 0.22¢ and summarizing a 20-page PDF about 0.87¢.
Where is MiniMax M1 cheapest?
Among 2 providers we track, the lowest list price today is at Minimax: $0.40 input and $2.20 output per 1M tokens.
Is the MiniMax M1 cost per task measured or estimated?
Estimated: MiniMax M1 was not run directly. Tokens come from MiniMax M3 and are rescaled by the tokenizer of MiniMax. Real usage can differ.