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GPT-4o-mini (2024-07-18) API Cost Calculator

Estimate your monthly API costs for GPT-4o-mini (2024-07-18) from Openai.

Pricing per 1M tokens

Input
$0.1500
Output
$0.6000
128K context16.4K max outputVisionFunction callingStreaming

Pricing last verified: Mar 21, 2026

30-Day Price History

Solid line: input price  ·  Dashed line: output price

Estimate Your Costs

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Cost Breakdown

Input cost/request$0.000075
Output cost/request$0.000180
Cost per request$0.000255
Daily cost (1,000 requests)$0.2550
Monthly estimate$7.65
Annual estimate$91.80

Compare with Similar Models

ModelInput/1MOutput/1M
GPT-4o-mini
Openai
$0.1500$0.6000
GPT-4o-mini Search Preview
Openai
$0.1500$0.6000
GPT-REALTIME-MINI
Openai
$0.6000$0.0600
GPT-4.1 Nano
Openai
$0.1000$0.4000
GPT-5 Nano
Openai
$0.0500$0.4000

Frequently Asked Questions

How much does GPT-4o-mini (2024-07-18) cost per token?

GPT-4o-mini (2024-07-18) is priced at $0.1500 per 1M input tokens and $0.6000 per 1M output tokens. Use the calculator above to estimate your monthly costs based on your usage volume.

What is the context window for GPT-4o-mini (2024-07-18)?

GPT-4o-mini (2024-07-18) has a context window of 128K tokens (128,000 tokens). The maximum output length is 16.4K tokens.

Does GPT-4o-mini (2024-07-18) support image inputs (vision)?

Yes, GPT-4o-mini (2024-07-18) supports vision/image inputs. You can send images as part of your prompts.

Does GPT-4o-mini (2024-07-18) support function calling (tool use)?

Yes, GPT-4o-mini (2024-07-18) supports function calling (also called tool use). You can define custom functions that the model can invoke as part of its responses.

How does GPT-4o-mini (2024-07-18) compare to similar models?

GPT-4o-mini (2024-07-18) costs $0.1500 input and $0.6000 output per 1M tokens. GPT-5 Nano is less expensive at $0.0500 input and $0.4000 output per 1M tokens. See the "Compare with Similar Models" table above, or visit the GPT-5 Nano page at /tools/cost-calculator/openai/gpt-5-nano.