MiniMax
MiniMax API pricing
MiniMax's API lists two text models: MiniMax-M3.1-Flash (launched 19 October 2026) and MiniMax-M3. As of 20 October 2026, M3.1 Flash costs $0.15 per million input tokens and $0.60 per million output tokens, flat, with a 1M-token context window. M3 costs $0.30 input and $1.20 output up to 512k input tokens, and double that above 512k. All prices are USD, checked on MiniMax's official pricing page on 20 October 2026.
MiniMax API prices (per 1M tokens, Standard tier)
| Model | Input | Cached input | Output |
|---|---|---|---|
| MiniMax-M3.1-Flash (1M context, flat) | $0.15 | $0.015 | $0.60 |
| MiniMax-M3, input up to 512k | $0.30 | $0.06 | $1.20 |
| MiniMax-M3, input above 512k | $0.60 | $0.12 | $2.40 |
The Priority tier is priced at 1.5x the Standard tier.
What MiniMax claims
MiniMax says M3.1 Flash cuts agentic usage cost by 70% versus its predecessor and runs about 3x faster. This is MiniMax's own claim, not our measurement.
Availability: MiniMax API, M Plan and MiniMax Code. MiniMax says weights will be released later.
MiniMax vs other cheap models (per 1M tokens, list price)
| Model | Input | Cached input | Output |
|---|---|---|---|
| MiniMax-M3.1-Flash | $0.15 | $0.015 | $0.60 |
| MiniMax-M3 (up to 512k) | $0.30 | $0.06 | $1.20 |
| DeepSeek V4.1 Flash, peak | $0.30 | $0.006 | $1.20 |
| Claude Haiku 5.5 (prompts up to 100K) | $0.10 | $0.01 | $0.50 |
| Gemini 3.1 Flash-Lite | $0.25 | not listed here | $1.50 |
Token prices only. Models differ in capability, so compare price alongside quality for your own task.
Sources: MiniMax pricing and MiniMax M3.1 Flash announcement, checked 20 Oct 2026
FAQ
How much does the MiniMax API cost?
MiniMax-M3.1-Flash costs $0.15 per 1M input tokens and $0.60 per 1M output tokens, with cached input at $0.015. MiniMax-M3 costs $0.30 input and $1.20 output up to 512k input tokens.
What is the MiniMax M3.1 Flash context window?
1M tokens, at one flat price.
When did MiniMax M3.1 Flash launch?
19 October 2026, per MiniMax's announcement.
How much is the MiniMax Priority tier?
1.5x the Standard tier price.
Is M3.1 Flash really 70% cheaper?
That is MiniMax's claim about agentic usage cost versus its predecessor. We list only the per-token prices and have not measured it.
Get an email when MiniMax API's price changes. One short email, sources included.
See all model prices · Claude Code cost · Agent cost cheat sheet
Independent. Prices change; check sources. Checked 20 Oct 2026.