MiniMax

MiniMax M2.5

$0.27 per 1M input tokens and $0.95 per 1M output tokens · 205K context · tools, reasoning, JSON, open weights.

Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026

$0.27
input / 1M tokens
$0.95
output / 1M tokens
$0.03
cached input / 1M
205K
context window
33K
max output
22.8
Artificial Analysis intelligence index

What MiniMax M2.5 costs per month

Estimated monthly bill for typical workloads, using the cached-input price for repeated context. Try your own numbers in the cost calculator.

WorkloadPer month
Customer chatbot
1,000 conversations a day, 8 turns each
$125
Document Q&A (RAG)
500 questions a day over retrieved documents
$29.27
Coding / tool-using agent
200 tasks a day, long tool-heavy contexts
$55.20
Content generation
30 long articles a day
$2.87
Classification / extraction
100,000 short items a day
$286

Price history

We started tracking MiniMax M2.5 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 M2.5: 9 providers

StreamLake is the cheapest at $0.27 input / $1.08 output per 1M tokens. Uptime is the average over the last 30 days as reported by OpenRouter; see provider reliability.

ProviderInput / 1MOutput / 1MContextUptimeNotes
StreamLake$0.27$1.08200K99.9% —
Venice$0.27$0.95198K91.8% —
AtlasCloud$0.295$1.20197K100% fp8
DigitalOcean$0.30$1.2066K99.4% —
Friendli$0.30$1.20197K100% —
GMICloud$0.30$1.20197K100% fp8
Minimax$0.30$1.20205K100% fp8
Novita$0.30$1.20205K97.7% fp8
Minimax$0.60$2.40205K100% priority tier, fp8

Cheaper alternatives to MiniMax M2.5

Models with the same tool calling, structured output for at least 20% less (3:1 input/output mix), most capable first.

Cheaper alternatives to MiniMax M2.5
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
Ling 3.1 Flash
inclusionAI
$0.075 $0.225 262K toolsreasoningJSON
GPT-6 Luna
OpenAI
$0.10 $0.50 1.05M visiontoolsreasoningJSON
MiMo-V2.6-Flash
Xiaomi
$0.14 $0.28 1.05M visionaudiotoolsreasoningJSONopen weights

How to pay less for MiniMax M2.5

For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $177 a month at list price without caching:

OptionPer monthYou save
Move to Claude Haiku 5.5 (similar capabilities)$58.56$118 (67%)
Use prompt caching (60% of input cached)$125$51.84 (29%)

Other workloads: cut-your-bill tool for MiniMax M2.5.

Specifications

Model IDminimax/minimax-m2.5
Inputtext
Outputtext
Tool callingYes
Structured outputYes
Reasoning modeYes
Open weightsYes — MiniMaxAI/MiniMax-M2.5
ReleasedFeb 12, 2026

FAQ

How much does MiniMax M2.5 cost?
$0.27 per million input tokens and $0.95 per million output tokens; cached input costs $0.03 per million. Prices as of Oct 21, 2026.
What is the context window of MiniMax M2.5?
205K tokens, with up to 33K output tokens per response.
Does MiniMax M2.5 support images, tools and structured output?
Images as input: no. Tool calling: yes. Structured (JSON) output: yes. Reasoning mode: yes.
What are cheaper alternatives to MiniMax M2.5?
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), Ling 3.1 Flash ($0.075 / $0.225).

More from MiniMax: all MiniMax models · how we collect prices