Pricing comparison

GPT-5 vs GPT-4o mini

Per-token pricing, full-workload cost ladders, and monthly volume projections. Numbers sourced directly from each provider's rate card.

OpenAI

GPT-5

Input
$1.25 / 1M
Output
$10.00 / 1M
Cached input
$0.125 / 1M
Context
400K
Max output
128K

OpenAI

GPT-4o mini

Input
$0.15 / 1M
Output
$0.60 / 1M
Cached input
$0.075 / 1M
Context
128K
Max output
16K

Cost per request

Four common workload shapes, input tokens and a 1:2 output ratio (a standard chat/completion pattern). Long-context surcharges apply automatically where the provider charges them.

ScenarioTokens (in / out)GPT-5GPT-4o miniWinner
Short prompt100 / 200$0.0021$0.0001GPT-4o mini
Typical request1,000 / 2,000$0.0213$0.0013GPT-4o mini
Long document10,000 / 5,000$0.0625$0.0045GPT-4o mini
Large prompt100,000 / 10,000$0.2250$0.0210GPT-4o mini

Monthly bill at scale

Projected monthly cost at typical request volume, assuming the "typical request" shape above (1k in, 2k out).

TrafficReq / monthGPT-5GPT-4o miniDelta
Small SaaS1,000$21.25$1.35GPT-4o mini -$19.90
Growing product10,000$212.50$13.50GPT-4o mini -$199.00
Heavy usage100,000$2,125$135.00GPT-4o mini -$1,990

Which should you use?

For the typical chat-shape request (~1k input, 2k output), GPT-4o mini comes out 1474% cheaper. If you're picking one as the default, that's usually the right choice on cost alone.

GPT-4o mini wins on both sides of the bill - cheaper input and cheaper output. If the quality gap is in your favour, there's no cost argument for the other side.

Context window differs: GPT-5 holds 400K of input vs 128K on the other side. If you regularly push past the smaller ceiling, the comparison ends there.

Live cost calculator

Type in any token counts - both prices update instantly. Uses base input/output rates (no cache discount, no long-context tier).

GPT-5

$0.0063

per request

GPT-4o mini

$0.0004

per request

GPT-4o mini is $0.0058 cheaper per request (92.8% less).

Try both in the estimator →

Drop your actual prompt in, tokens are counted with the provider's own tokenizer, and the dollar number matches what lands on your invoice.

Frequently asked

Which is cheaper, GPT-5 or GPT-4o mini?
On a typical 1,000-input / 2,000-output request, GPT-4o mini costs ~$0.0013 vs ~$0.0213 on GPT-5. Input or output rates can flip the answer for very lopsided workloads - see the cost ladder above.
What's the difference in per-token pricing?
GPT-5 charges $1.25 per 1M input tokens and $10.00 per 1M output tokens. GPT-4o mini charges $0.15 / $0.60 per 1M.
Which has the bigger context window?
GPT-5 is larger (400K) vs 128K on the other.
Is there a cached-input discount on either?
GPT-5 caches at $0.125 per 1M (90% off). GPT-4o mini caches at $0.075 per 1M (50% off). Workloads with repeated static prefixes see the biggest savings.
How fresh is this comparison?
GPT-5 was re-verified on 2026-04-06 and GPT-4o mini on 2026-04-06 against each provider's published rate card. Calcis re-checks every row on a rolling schedule and re-deploys when a provider changes pricing.

GPT-5 verified 2026-04-06 · GPT-4o mini verified 2026-04-06. Rate cards at OpenAI and OpenAI.