API cost decision in 10 seconds

NewAnthropic Claude Haiku Latest vs NewOpenAI GPT Mini Latest

Pick OpenAI GPT Mini Latest when budget and context both matter.

Pricing data updated:  Prices normalized to USD per 1M tokens Sample workload: 1M input + 500K output

Budget verdict

Pick OpenAI GPT Mini Latest when budget and context both matter.

On the standard 1M input plus 500K output workload, OpenAI GPT Mini Latest is estimated at $3 vs $3.5 for Anthropic Claude Haiku Latest, saving $0.5 (14.3% lower).

Cost-first pickOpenAI GPT Mini Latest
Context-first pickOpenAI GPT Mini Latest
Sample savings$0.514.3%
10x traffic gap$5

OpenAI GPT Mini Latest is cheaper on the standard workload and also has the larger context window. At 10x that traffic, the same price gap is about $5. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

OpenAI GPT Mini Latest stays cheaper across input-heavy, balanced, and output-heavy sample workloads.

Workload shapeToken mixBetter pickAnthropic Claude Haiku LatestOpenAI GPT Mini Latest
Input-heavy / RAG5M input + 500K outputOpenAI GPT Mini Latest$7.5$6
Balanced workload1M input + 1M outputOpenAI GPT Mini Latest$6$5.25
Output-heavy chatbot1M input + 5M outputOpenAI GPT Mini Latest$26$23.25
Cheaper input OpenAI GPT Mini Latest $1 vs $0.75 / 1M

OpenAI GPT Mini Latest is $0.25 cheaper per 1M input tokens (25% lower; 1.33x difference).

Cheaper output OpenAI GPT Mini Latest $5 vs $4.5 / 1M

OpenAI GPT Mini Latest is $0.5 cheaper per 1M output tokens (10% lower; 1.11x difference).

Larger context OpenAI GPT Mini Latest 200K vs 400K

OpenAI GPT Mini Latest has 200K more context (2x larger).

Sample workload OpenAI GPT Mini Latest $3.5 vs $3

OpenAI GPT Mini Latest is $0.5 cheaper on the standard workload (14.3% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.
Anthropic Claude Haiku Latest Calculating… Estimated API cost
OpenAI GPT Mini Latest Calculating… Estimated API cost
Cheaper for this workload Calculating… Difference: calculating…

This estimate uses normalized public API pricing per 1M tokens. It is a planning aid, not a billing quote. Verify provider pricing, limits, and terms before production use.

Quick Decision

Verdict

OpenAI GPT Mini Latest has the lower input price; OpenAI GPT Mini Latest has the lower output price; OpenAI GPT Mini Latest offers the larger context window. For the 1M input plus 500K output sample, OpenAI GPT Mini Latest is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $3.5 for Anthropic Claude Haiku Latest and $3 for OpenAI GPT Mini Latest.

Best Fit

Choose Anthropic Claude Haiku Latest when its provider, model quality, latency, or availability is more important than the numeric price/context winner.

Choose OpenAI GPT Mini Latest when you care most about lower input-token price, lower output-token price, and larger context window.

Decision Notes
  • On the standard 1M input plus 500K output workload, OpenAI GPT Mini Latest is estimated at $3 vs $3.5 for Anthropic Claude Haiku Latest, saving $0.5 (14.3% lower).
  • OpenAI GPT Mini Latest is $0.5 cheaper on the standard workload (14.3% lower).
  • OpenAI GPT Mini Latest is $0.25 cheaper per 1M input tokens (25% lower; 1.33x difference).
  • OpenAI GPT Mini Latest is $0.5 cheaper per 1M output tokens (10% lower; 1.11x difference).
  • OpenAI GPT Mini Latest has 200K more context (2x larger).
Head-to-Head Specs
FeatureNewAnthropic Claude Haiku Latest
(Anthropic)
NewOpenAI GPT Mini Latest
(OpenAI)
Input Price
prompt tokens per 1M
$1$0.75
Completion Price
per 1M tokens
$5$4.5
Sample Workload Cost
1M input + 500K output
$3.5$3
Context Window200K400K
Release Date

Use-Case Decision Matrix

Use caseBetter pickWhy
Budget-constrained productionOpenAI GPT Mini LatestOn the standard 1M input plus 500K output workload, OpenAI GPT Mini Latest is estimated at $3 vs $3.5 for Anthropic Claude Haiku Latest, saving $0.5 (14.3% lower).
High-volume input processingOpenAI GPT Mini LatestLower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbotsOpenAI GPT Mini LatestLower output-token price matters most when assistants generate many completion tokens.
RAG or long-document workOpenAI GPT Mini LatestA larger context window leaves more room for retrieved passages, conversation history, or source files.

Related Alternatives

Same-provider lower-cost swaps
  • Claude 3 Haiku can replace Anthropic Claude Haiku Latest when lower sample workload cost matters most: $0.88.
  • Claude 3.5 Haiku can replace Anthropic Claude Haiku Latest when lower sample workload cost matters most: $2.8.
  • gpt-oss-120b (free) can replace OpenAI GPT Mini Latest when lower sample workload cost matters most: $0.
  • gpt-oss-20b (free) can replace OpenAI GPT Mini Latest when lower sample workload cost matters most: $0.
Larger context near this budget
Popular competitors
  • No popular competitor is currently available.

Cheaper alternatives

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Larger context alternatives

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Provider catalogs

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Anthropic catalog

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OpenAI catalog

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Anthropic Claude Haiku Latest

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OpenAI GPT Mini Latest

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