MiniMax-01 API Pricing
MiniMax · context window 1M · prices updated 2026-09-15
Where MiniMax-01 sits on price
At $1.10 per million output tokens, MiniMax-01 is a mid tier model — 1.9× cheaper than the median output price of $2.08, which puts it cheaper than 66% and pricier than 34% of the models we track. It sits 3th cheapest of the 9 MiniMax models we track. Output costs 5.5× input, the usual spread — trim both, starting with the answer length.
What real workloads cost on MiniMax-01
These three workloads are the ones teams actually run on a mid-priced model — a $1.10/1M model is not bought for the same job as one ten times the price.
| Workload | Per request | Per month |
|---|---|---|
| Support chatbot — 500 conversations/day (5K in / 1.4K out) Conversation history re-sent each turn — the classic prompt-caching win. | $0.0025 | $38.10 |
| Document pipeline — 10K docs/day (3K in / 500 out) Batch-friendly: no user waiting, so a ~50% batch discount usually applies. | $0.0011 | $345 |
| Long-context analysis — 200 runs/day (250K in / 4K out) Only possible on large-context models; input cost is nearly the whole bill. | $0.0544 | $326 |
Model your exact traffic in the API cost calculator — it preloads MiniMax-01 with caching and batch options.
MiniMax-01 price history
MiniMax-01's price has not moved since we began tracking it on Aug 2, 2026 — 44 days of stability in a market where 78 of the 334 models we track have repriced over the same period, including 4 of MiniMax's own 9 models.
Change-points from our daily price snapshots (tracking since Aug 2, 2026; intraday moves between snapshots are not captured).
MiniMax-01 vs Qwen3 Next 80B A3B Instruct
The closest-priced alternative from another vendor is Qwen3 Next 80B A3B Instruct (Alibaba (Qwen)) — priced within a rounding error on output, with $0.11 less per million input tokens. When two models land this close on price, the decision is quality on your own workload, not the price sheet: run 50 real requests through both and compare.
See Qwen3 Next 80B A3B Instruct pricing →Cheaper alternatives
More MiniMax models
Frequently asked questions
› How much does the MiniMax-01 API cost?
MiniMax-01 costs $0.2 per million input tokens and $1.10 per million output tokens and no discounted cached-input tier. That works out to roughly 909,091 output tokens per dollar.
› What does the support chatbot workload cost on MiniMax-01?
Support chatbot — 500 conversations/day (5K in / 1.4K out) costs about $0.0025 per request and $38.10 per month on MiniMax-01. Conversation history re-sent each turn — the classic prompt-caching win.
› What does it cost to fill MiniMax-01's 1M context window?
Sending 1M of input in a single request costs $0.2 at $0.2 per million tokens — before any output. There is no cached-input tier on this model, so every repeat of that context is billed at full price. This is why large context windows are cheap to advertise and expensive to actually use.
› Is MiniMax-01 worth the price?
MiniMax-01 sits in the middle of the market (3 of 9 by price within MiniMax). The honest test is a routing experiment: send the same 200 real requests to this model and to a tier below, and compare failure rate against the price gap — most teams find a majority of traffic never needed the pricier model.