API cost decision in 10 seconds

🔥GPT-4o-mini vs GPT-5.1

Pick GPT-4o-mini for lower cost; pick GPT-5.1 only if the larger context window matters more.

Page updated:  Data confirmed:  Prices normalized to USD per 1M tokens Sample workload: 1M input + 500K output

Budget verdict

Pick GPT-4o-mini for lower cost; pick GPT-5.1 only if the larger context window matters more.

On the standard 1M input plus 500K output workload, GPT-4o-mini is estimated at $0.45 vs $6.25 for GPT-5.1, saving $5.8 (92.8% lower).

Cost-first pickGPT-4o-mini
Context-first pickGPT-5.1
Sample savings$5.892.8%
10x traffic gap$58

GPT-5.1 has more context, but GPT-4o-mini saves $5.8 on the standard workload. At 10x that traffic, the same price gap is about $58. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

GPT-4o-mini stays cheaper across input-heavy, balanced, and output-heavy sample workloads.

Workload shapeToken mixBetter pickGPT-4o-miniGPT-5.1
Input-heavy / RAG5M input + 500K outputGPT-4o-mini$1.05$11.25
Balanced workload1M input + 1M outputGPT-4o-mini$0.75$11.25
Output-heavy chatbot1M input + 5M outputGPT-4o-mini$3.15$51.25
Cheaper input GPT-4o-mini $0.15 vs $1.25 / 1M

GPT-4o-mini is $1.1 cheaper per 1M input tokens (88% lower; 8.33x difference).

Cheaper output GPT-4o-mini $0.6 vs $10 / 1M

GPT-4o-mini is $9.4 cheaper per 1M output tokens (94% lower; 16.7x difference).

Larger context GPT-5.1 128K vs 400K

GPT-5.1 has 272K more context (3.12x larger).

Sample workload GPT-4o-mini $0.45 vs $6.25

GPT-4o-mini is $5.8 cheaper on the standard workload (92.8% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.
GPT-4o-mini Calculating… Estimated API cost
GPT-5.1 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

GPT-4o-mini has the lower input price; GPT-4o-mini has the lower output price; GPT-5.1 offers the larger context window. For the 1M input plus 500K output sample, GPT-4o-mini is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $0.45 for GPT-4o-mini and $6.25 for GPT-5.1.

Best Fit

Choose GPT-4o-mini when you care most about lower input-token price, and lower output-token price.

Choose GPT-5.1 when you care most about larger context window.

Decision Notes
  • On the standard 1M input plus 500K output workload, GPT-4o-mini is estimated at $0.45 vs $6.25 for GPT-5.1, saving $5.8 (92.8% lower).
  • GPT-4o-mini is $5.8 cheaper on the standard workload (92.8% lower).
  • GPT-4o-mini is $1.1 cheaper per 1M input tokens (88% lower; 8.33x difference).
  • GPT-4o-mini is $9.4 cheaper per 1M output tokens (94% lower; 16.7x difference).
  • GPT-5.1 has 272K more context (3.12x larger).
Head-to-Head Specs
Feature🔥GPT-4o-mini
(OpenAI)
GPT-5.1
(OpenAI)
Input Price
prompt tokens per 1M
$0.15$1.25
Completion Price
per 1M tokens
$0.6$10
Sample Workload Cost
1M input + 500K output
$0.45$6.25
Context Window128K400K
Release Date
Popularity#16

Use-Case Decision Matrix

Use caseBetter pickWhy
Budget-constrained productionGPT-4o-miniOn the standard 1M input plus 500K output workload, GPT-4o-mini is estimated at $0.45 vs $6.25 for GPT-5.1, saving $5.8 (92.8% lower).
High-volume input processingGPT-4o-miniLower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbotsGPT-4o-miniLower output-token price matters most when assistants generate many completion tokens.
RAG or long-document workGPT-5.1A larger context window leaves more room for retrieved passages, conversation history, or source files.

Related Alternatives

Same-provider lower-cost swaps
  • gpt-oss-120b (free) can replace GPT-4o-mini when lower sample workload cost matters most: $0.
  • gpt-oss-20b (free) can replace GPT-4o-mini when lower sample workload cost matters most: $0.
  • gpt-oss-20b can replace GPT-4o-mini when lower sample workload cost matters most: $0.1.
  • gpt-oss-120b can replace GPT-4o-mini when lower sample workload cost matters most: $0.13.
Larger context near this budget

Cheaper alternatives

Review low-cost models sorted by a standard 1M input plus 500K output workload.

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Larger context alternatives

Find models with larger context windows for RAG, long documents, and codebase review.

Open largest context models

Provider catalogs

Compare models within provider hubs before choosing a final API vendor.

Open provider hubs

OpenAI catalog

Review all tracked OpenAI models before deciding whether this matchup is the right shortlist.

Open OpenAI models
GPT-4o-mini

GPT-4o mini is OpenAI's newest model after [GPT-4 Omni](/models/openai/gpt-4o), supporting both text and image inputs with text outputs. As their most advanced small model, it is many multiples more affordable...

GPT-5.1

GPT-5.1 is the latest frontier-grade model in the GPT-5 series, offering stronger general-purpose reasoning, improved instruction adherence, and a more natural conversational style compared to GPT-5. It uses adaptive reasoning...