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GPT-3.5 Turbo 16k vs MiniMax-01

MiniMax-01 costs 3.6x less per output token than GPT-3.5 Turbo 16k ($1.10 vs $4.00 per million). Updated October 23, 2026; no benchmark has tested both models yet.

GPT-3.5 Turbo 16kOpenAI
Coding
No data
Overall
No data
Output $/M
$4.00
MiniMax-01MiniMax
Coding
No data
Overall
No data
Output $/M
$1.10
vs $4.00 vs $1.10 per 1M output tokens. MiniMax-01 is 3.6x cheaper.

GPT-3.5 Turbo 16k or MiniMax-01: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Compare them on price, context and the boards below.

No benchmark has tested both yet. GPT-3.5 Turbo 16k has none yet; MiniMax-01 on Kagi LLM Benchmark. Compare them on price and context instead.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
GPT-3.5 Turbo 16k not benchmarked, MiniMax-01 not benchmarked.
Widest category
None yet: no category has been tested on both models.
Widest single gap
None yet: no benchmark has tested both models.
Output price
GPT-3.5 Turbo 16k $4.00 against MiniMax-01 $1.10 per million output tokens, 3.6x apart.
Context window
GPT-3.5 Turbo 16k takes 16K tokens, MiniMax-01 1M.

Benchmark by benchmark

Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.

ReasoningDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Reasoning benchmarks for GPT-3.5 Turbo 16k and MiniMax-01
BenchmarkGPT-3.5 Turbo 16kMiniMax-01Leader
Kagi LLM BenchmarkNot measured42.5%Only MiniMax-01 measured
Neither model has a result on the other 22 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

GPT-3.5 Turbo 16k$0.0050Fits in one request
MiniMax-01$0.0008Fits in one request

MiniMax-01 costs less

Repository review

50K input + 3K output tokens

GPT-3.5 Turbo 16k$0.162Exceeds the context window
MiniMax-01$0.013Fits in one request

MiniMax-01 costs less

Agent loop

200K input + 10K output tokens

GPT-3.5 Turbo 16k$0.640Exceeds the context window
MiniMax-01$0.051Fits in one request

MiniMax-01 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of GPT-3.5 Turbo 16k and MiniMax-01
SpecificationOpenAI GPT-3.5 Turbo 16kMiniMax-01
MakerOpenAIMiniMax
WeightsNo public weights listedOpen weights
ReleasedAugust 28, 2023January 15, 2025
Context window16K1M
Input $/Mtok$3.00$0.20
Output $/Mtok$4.00$1.10
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is GPT-3.5 Turbo 16k better than MiniMax-01 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Compare them on price, context and the boards below.

Which is cheaper, GPT-3.5 Turbo 16k or MiniMax-01?

GPT-3.5 Turbo 16k costs $3.00 per million input tokens and $4.00 per million output tokens; MiniMax-01 costs $0.20 and $1.10. Cost per solved task is known for neither of them.

Which has the bigger context window, GPT-3.5 Turbo 16k or MiniMax-01?

MiniMax-01, with 1M tokens against 16K.

Has any benchmark tested both GPT-3.5 Turbo 16k and MiniMax-01?

No benchmark has tested both yet. GPT-3.5 Turbo 16k has none yet; MiniMax-01 on Kagi LLM Benchmark. Compare them on price and context instead. Data as of October 23, 2026.

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