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MiniMax M2.1 API pricing

As of October 22, 2026, MiniMax M2.1 costs $0.30 per million input tokens and $1.20 per million output tokens on MiniMax's own API, with cached input at $0.03 per million.

MiniMax M2.1 benchmarks and specs · Every MiniMax model's price

  • Input, per million tokens$0.30
  • Output, per million tokens$1.20
  • Cached input, per million$0.03
  • 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.

Cost of three workloads on MiniMax M2.1
WorkloadTokensOne request1,000 requestsFits the context window
Chat turn 1K input + 500 output tokens $0.0009 $0.900 Yes
Repository review 50K input + 3K output tokens $0.019 $18.60 Yes
Agent loop 200K input + 10K output tokens $0.072 $72.00 No, it would need splitting
Solved coding task One SWE-bench Verified attempt, divided by the share that succeed $0.59 $590.00

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.

  1. October 21, 2026 First recorded: $0.30 input, $1.20 output

Cheaper models as good as MiniMax M2.1

MiniMax M2.1 has no overall or coding score, so we make no quality claim against it.

MiniMax M2.1 pricing questions

How much does MiniMax M2.1 cost per million tokens?
$0.30 per million input tokens and $1.20 per million output tokens, as listed on OpenRouter on October 22, 2026.
Does MiniMax M2.1 support prompt caching?
Yes. OpenRouter lists cached input at $0.03 per million tokens, against $0.30 for uncached input.
Has the price of MiniMax M2.1 changed?
Not since we started recording it daily on October 21, 2026.