MiniMax M1
$0.55 per 1M input tokens and $2.20 per 1M output tokens · 1M context · tools, reasoning.
Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026
What MiniMax M1 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 | $383 |
| Document Q&A (RAG) 500 questions a day over retrieved documents | $66.00 |
| Coding / tool-using agent 200 tasks a day, long tool-heavy contexts | $251 |
| Content generation 30 long articles a day | $6.43 |
| Classification / extraction 100,000 short items a day | $594 |
Price history
We started tracking MiniMax M1 on Oct 21, 2026; the chart appears as soon as there is a second data point. See all recent price changes.
Where to run MiniMax M1: 2 providers
Minimax is the cheapest at $0.40 input / $2.20 output per 1M tokens. Uptime is the average over the last 30 days as reported by OpenRouter; see provider reliability.
Cheaper alternatives to MiniMax M1
Models with the same tool calling for at least 20% less (3:1 input/output mix), most capable first.
| Model | Input / 1M | Output / 1M | Context | Capabilities |
|---|---|---|---|---|
| MiMo-V2.6-Pro Xiaomi | $0.435 | $0.87 | 1.05M | visionaudiotoolsreasoningJSONopen weights |
| GLM 5.3 Z.ai | $0.079 | $1.40 | 1.05M | toolsreasoningJSONopen weights |
| 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 |
| Ling 3.1 Flash inclusionAI | $0.075 | $0.225 | 262K | toolsreasoningJSON |
How to pay less for MiniMax M1
For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $383 a month at list price without caching:
| Option | Per month | You save |
|---|---|---|
| Move to MiMo-V2.6-Pro (similar capabilities) | $136 | $246 (64%) |
| Route to Minimax | $329 | $54.00 (14%) |
Other workloads: cut-your-bill tool for MiniMax M1.
Specifications
| Model ID | minimax/minimax-m1 |
| Input | text |
| Output | text |
| Tool calling | Yes |
| Structured output | No |
| Reasoning mode | Yes |
| Open weights | No |
| Knowledge cutoff | 2024-06-30 |
| Released | Jun 17, 2025 |
FAQ
- How much does MiniMax M1 cost?
- $0.55 per million input tokens and $2.20 per million output tokens. Prices as of Oct 21, 2026.
- What is the context window of MiniMax M1?
- 1M tokens, with up to 40K output tokens per response.
- Does MiniMax M1 support images, tools and structured output?
- Images as input: no. Tool calling: yes. Structured (JSON) output: no. Reasoning mode: yes.
- What are cheaper alternatives to MiniMax M1?
- Models with the same key capabilities for at least 20% less include MiMo-V2.6-Pro ($0.435 / $0.87), GLM 5.3 ($0.079 / $1.40), Claude Haiku 5.5 ($0.10 / $0.50).
More from MiniMax: all MiniMax models · how we collect prices