MiniMax-01
$0.20 per 1M input tokens and $1.10 per 1M output tokens · 1M context · vision, open weights.
Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026
$0.20
input / 1M tokens
$1.10
output / 1M tokens
1M
context window
900K
max output
What MiniMax-01 costs per month
Estimated monthly bill for typical workloads. Try your own numbers in the cost calculator.
| Workload | Per month |
|---|---|
| Customer chatbot 1,000 conversations a day, 8 turns each | $164 |
| Document Q&A (RAG) 500 questions a day over retrieved documents | $26.25 |
| Coding / tool-using agent 200 tasks a day, long tool-heavy contexts | $98.40 |
| Content generation 30 long articles a day | $3.02 |
| Classification / extraction 100,000 short items a day | $230 |
Price history
We started tracking MiniMax-01 on Oct 21, 2026; the chart appears as soon as there is a second data point. See all recent price changes.
Cheaper alternatives to MiniMax-01
Models with the same image input for at least 20% less (3:1 input/output mix), most capable first.
| Model | Input / 1M | Output / 1M | Context | Capabilities |
|---|---|---|---|---|
| Claude Haiku 5.5 Anthropic | $0.10 | $0.50 | 1M | visiontoolsreasoningJSON |
| GLM 5.3 Flash Z.ai | $0.041 | $0.12 | 1.05M | visiontoolsreasoningJSONopen weights |
| GPT-6 Luna OpenAI | $0.10 | $0.50 | 1.05M | visiontoolsreasoningJSON |
| MiMo-V2.6-Flash Xiaomi | $0.14 | $0.28 | 1.05M | visionaudiotoolsreasoningJSONopen weights |
| DeepSeek V4 Flash Vision Exp DeepSeek | $0.216 | $0.647 | 1.05M | visiontoolsreasoningJSONopen weights |
How to pay less for MiniMax-01
For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $164 a month at list price without caching:
| Option | Per month | You save |
|---|---|---|
| Move to Claude Haiku 5.5 (similar capabilities) | $58.56 | $106 (64%) |
Other workloads: cut-your-bill tool for MiniMax-01.
Specifications
| Model ID | minimax/minimax-01 |
| Input | text, image |
| Output | text |
| Tool calling | No |
| Structured output | No |
| Reasoning mode | No |
| Open weights | Yes — MiniMaxAI/MiniMax-Text-01 |
| Knowledge cutoff | 2024-03-31 |
| Released | Jan 15, 2025 |
FAQ
- How much does MiniMax-01 cost?
- $0.20 per million input tokens and $1.10 per million output tokens. Prices as of Oct 21, 2026.
- What is the context window of MiniMax-01?
- 1M tokens, with up to 900K output tokens per response.
- Does MiniMax-01 support images, tools and structured output?
- Images as input: yes. Tool calling: no. Structured (JSON) output: no. Reasoning mode: no.
- What are cheaper alternatives to MiniMax-01?
- Models with the same key capabilities for at least 20% less include Claude Haiku 5.5 ($0.10 / $0.50), GLM 5.3 Flash ($0.041 / $0.12), GPT-6 Luna ($0.10 / $0.50).
More from MiniMax: all MiniMax models · how we collect prices