MiniMax M2 API pricing
As of October 22, 2026, MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens on MiniMax's own API.
MiniMax M2 benchmarks and specs · Every MiniMax model's price
- Input, per million tokens$0.255
- Output, per million tokens$1.02
- Cached input, per millionNo cache price listed
- Context window205K tokens
- Max output131K 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 | $0.0008 | $0.765 | Yes |
| Repository review | 50K input + 3K output tokens | $0.016 | $15.81 | Yes |
| Agent loop | 200K input + 10K output tokens | $0.061 | $61.20 | No, it would need splitting |
| Solved coding task | One SWE-bench Verified attempt, divided by the share that succeed | $0.702 | $702.06 |
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: $0.255 input, $1.02 output
Cheaper models as good as MiniMax M2
MiniMax M2 has no overall or coding score, so we make no quality claim against it.
MiniMax M2 pricing questions
- How much does MiniMax M2 cost per million tokens?
- $0.255 per million input tokens and $1.02 per million output tokens, as listed on OpenRouter on October 22, 2026.
- Does MiniMax M2 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 M2 changed?
- Not since we started recording it daily on October 21, 2026.