AI Token Price
MiniMax

1 current model

MiniMax API pricing

MiniMax API pricing: MiniMax M3 $0.30 / $1.20 per 1M input / output tokens. Checked 13 Oct 2026 against MiniMax pricing.

MiniMax M3 is the cheapest workhorse model we track. Next cheapest elsewhere: Command A+ at $0.30 / $1.50. Compare the two

Current MiniMax models

Current MiniMax models and prices per million tokens
Batch API model ID
$0.30 $1.20 $0.060 1M May 2026 — MiniMax-M3

How MiniMax prices its API

  • MiniMax describes its M3 rates as a permanent 50% discount.
  • The Priority tier costs 1.5× the standard price.

MiniMax model IDs

API model IDs, context windows and release dates for current MiniMax models
ModelAPI model IDContextMax outputReleased
MiniMax M3MiniMax-M31M—May 2026

Compared with other providers

MiniMax models against the cheapest current model of the same tier from other providers, by blended price
TierMiniMaxCheapest elsewhereMiniMax costs
WorkhorseMiniMax M3$0.30 / $1.20Command A+$0.30 / $1.5013% less

Blended price per 1M tokens (3 input : 1 output), current general-purpose models only. Price isn't quality: compare the models on your own tasks. Compare up to four models

Questions

How much does the MiniMax API cost?

MiniMax API pricing: MiniMax M3 $0.30 / $1.20 per 1M input / output tokens, checked 13 Oct 2026. Every model is billed per token, separately for input and output.

What is the cheapest MiniMax model?

MiniMax M3, at $0.30 / $1.20 per 1M input / output tokens.

Does MiniMax charge less for cached input?

Yes. Repeated input served from cache costs $0.06 per 1M on MiniMax M3.

Is there a batch discount?

MiniMax does not list a batch discount on its pricing page as of 13 Oct 2026.

Do long prompts cost more?

On some models. MiniMax M3 charges $0.60 / $2.40 for prompts over 512K tokens. The higher rate applies to the whole request.

MiniMax model families

Pricing rules

  • MiniMax describes its M3 rates as a permanent 50% discount.
  • The Priority tier costs 1.5× the standard price.