GPT-4.1 mini API pricing (August 2026)

Prices verified 4 Aug 2026
Input
$0.400
per 1M tokens
Output
$1.60
per 1M tokens
Cached input
$0.100
per 1M tokens
Batch discount
50% off
async batch endpoint

What it costs at real volumes

A chat-shaped workload: 800 input tokens and 300 output tokens per request, no caching, no batch.

VolumePer requestPer monthPer year
10K requests/day$0.00080$243.52$2,922.24Adjust →
100K requests/day$0.00080$2,435.20$29.2KAdjust →
1M requests/day$0.00080$24.4K$292.2KAdjust →

Specifications

Provider
OpenAI
Context window
1.0M tokens
Max output
33K tokens
Tier
small
Status
GA
Blended $/1M (3:1)
$0.700
Cache break-even hit rate
0% — caching always saves
Prices verified
4 Aug 2026

Source: OpenAI pricing. Finitizer is not affiliated with OpenAI.

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Frequently asked questions

How much does GPT-4.1 mini cost per 1M tokens?

GPT-4.1 mini costs $0.400 per million input tokens and $1.60 per million output tokens at OpenAI list prices. Output is 4.0x the input rate, so the input:output ratio of your workload drives the real cost more than the headline price.

Does GPT-4.1 mini support prompt caching?

Yes. Cached input is billed at $0.100 per million tokens, 4x cheaper than uncached input. There is no cache-write premium, so caching is never a net loss.

What is the batch discount for GPT-4.1 mini?

Requests submitted through the asynchronous batch endpoint are billed at 50% off both input and output rates, bringing input to $0.200 and output to $0.800 per million tokens.

What is GPT-4.1 mini's context window?

1.0M tokens of context with up to 33K output tokens per request. A larger context window raises the ceiling on what you can send, not the price per token — but filling it on every request is one of the most common causes of an unexpected bill.

Running GPT-4.1 mini in production?

Finitizer TokenOps attributes real token spend to teams, features, and prompts — so you find out which workload moved the bill before the invoice does.