Price Per TokenPrice Per Token
Minimax

Minimax API Pricing (Updated 2026)

Compare pricing for all 6 Minimax models. Prices shown per 1M tokens with historical trends.

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Last updated: February 15, 2026 at 08:07 AM

Overview

6
Total Models
$0.20
Cheapest Input (per 1M)
1000K
Max Context Length

Model Release Timeline

6 releases
Jan 2025
$0.20 / $1.10
Jun 2025
$0.40 / $2.20
Oct 2025
$0.26 / $1.00
Dec 2025
$0.27 / $0.95
Jan 2026
$0.30 / $1.20
Feb 2026
$0.30 / $1.20
Spacing represents time between releases
Jan 2025Feb 2026

All Minimax Models

Compare pricing for all 6 Minimax models.

Current Pricing (per 1M tokens)

6 models

Model
Input $/M
Output $/M
Coding
MMLU
GPQA
Cache Read
Cache Write
Context
Actions
$0.200
$1.100
-
-
1,000,192
Try
$0.255
$1.000
82.6
82.0
77.7
$0.030
-
196,608
Try
$0.270
$0.950
81.0
87.5
83.0
$0.030
-
196,608
Try
$0.300
$1.200
84.8
$0.030
-
204,800
Try
$0.300
$1.200
$0.030
-
65,536
Try
$0.400
$2.200
65.7
80.8
68.2
-
-
1,000,000
Try

* Some models use tiered pricing based on prompt length. Displayed prices are for prompts ≤ 200k tokens.

Cost vs. Quality

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Historical Pricing Trends

Price Changes Over Time

No historical pricing data available for this provider.

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Frequently Asked Questions

Currently, MiniMax-01 is the most affordable at $0.20 per 1M input tokens.
Count your input tokens (prompt) and expected output tokens (response). Use the formula: (input_tokens/1M × input_price) + (output_tokens/1M × output_price). Our pricing calculator can help automate this.
Minimax pricing varies by model. Input costs range from $0.20 to $0.40 per 1M tokens. See the table above for specific model pricing.