MiniMax M1 API pricing
As of October 22, 2026, MiniMax M1 costs $0.40 per million input tokens and $2.20 per million output tokens on MiniMax's own API.
MiniMax M1 benchmarks and specs · Every MiniMax model's price
- Input, per million tokens$0.40
- Output, per million tokens$2.20
- Cached input, per millionNo cache price listed
- Context window1M tokens
- Max output40K tokens
- Output speedNot measured
What a request costs
Three fixed token mixes at the list price, without cache or batch discounts. For a whole month, use the calculator.
| Workload | Tokens | One request | 1,000 requests | Fits the context window |
|---|---|---|---|---|
| Chat turn | 1K input + 500 output tokens | $0.0015 | $1.50 | Yes |
| Repository review | 50K input + 3K output tokens | $0.027 | $26.60 | Yes |
| Agent loop | 200K input + 10K output tokens | $0.102 | $102.00 | Yes |
| Solved coding task | One SWE-bench Verified attempt, divided by the share that succeed | Not computable | Not computable |
Price history
We have read MiniMax's own price every day since October 21, 2026. It has not changed yet; any change will be listed here with its date.
- October 21, 2026 First recorded: $0.40 input, $2.20 output
Cheaper models as good as MiniMax M1
MiniMax M1 has no overall or coding score, so we make no quality claim against it.
MiniMax M1 pricing questions
- How much does MiniMax M1 cost per million tokens?
- $0.40 per million input tokens and $2.20 per million output tokens, as listed on OpenRouter on October 22, 2026.
- Does MiniMax M1 support prompt caching?
- OpenRouter lists no cached input price for this model, so assume every input token is billed at the full rate.
- Has the price of MiniMax M1 changed?
- Not since we started recording it daily on October 21, 2026.