API cost decision in 10 seconds

GPT-5.1-Codex-Max vs Claude Opus 4.5

Pick GPT-5.1-Codex-Max when budget and context both matter.

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

Budget verdict

Pick GPT-5.1-Codex-Max when budget and context both matter.

On the standard 1M input plus 500K output workload, GPT-5.1-Codex-Max is estimated at $6.25 vs $17.5 for Claude Opus 4.5, saving $11.25 (64.3% lower).

Cost-first pickGPT-5.1-Codex-Max
Context-first pickGPT-5.1-Codex-Max
Sample savings$11.2564.3%
10x traffic gap$112.5

GPT-5.1-Codex-Max is cheaper on the standard workload and also has the larger context window. At 10x that traffic, the same price gap is about $112.5. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

GPT-5.1-Codex-Max stays cheaper across input-heavy, balanced, and output-heavy sample workloads.

Workload shapeToken mixBetter pickGPT-5.1-Codex-MaxClaude Opus 4.5
Input-heavy / RAG5M input + 500K outputGPT-5.1-Codex-Max$11.25$37.5
Balanced workload1M input + 1M outputGPT-5.1-Codex-Max$11.25$30
Output-heavy chatbot1M input + 5M outputGPT-5.1-Codex-Max$51.25$130
Cheaper input GPT-5.1-Codex-Max $1.25 vs $5 / 1M

GPT-5.1-Codex-Max is $3.75 cheaper per 1M input tokens (75% lower; 4x difference).

Cheaper output GPT-5.1-Codex-Max $10 vs $25 / 1M

GPT-5.1-Codex-Max is $15 cheaper per 1M output tokens (60% lower; 2.5x difference).

Larger context GPT-5.1-Codex-Max 400K vs 200K

GPT-5.1-Codex-Max has 200K more context (2x larger).

Sample workload GPT-5.1-Codex-Max $6.25 vs $17.5

GPT-5.1-Codex-Max is $11.25 cheaper on the standard workload (64.3% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.
GPT-5.1-Codex-Max Calculating… Estimated API cost
Claude Opus 4.5 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-5.1-Codex-Max has the lower input price; GPT-5.1-Codex-Max has the lower output price; GPT-5.1-Codex-Max offers the larger context window. For the 1M input plus 500K output sample, GPT-5.1-Codex-Max is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $6.25 for GPT-5.1-Codex-Max and $17.5 for Claude Opus 4.5.

Best Fit

Choose GPT-5.1-Codex-Max when you care most about lower input-token price, lower output-token price, and larger context window.

Choose Claude Opus 4.5 when its provider, model quality, latency, or availability is more important than the numeric price/context winner.

Decision Notes
  • On the standard 1M input plus 500K output workload, GPT-5.1-Codex-Max is estimated at $6.25 vs $17.5 for Claude Opus 4.5, saving $11.25 (64.3% lower).
  • GPT-5.1-Codex-Max is $11.25 cheaper on the standard workload (64.3% lower).
  • GPT-5.1-Codex-Max is $3.75 cheaper per 1M input tokens (75% lower; 4x difference).
  • GPT-5.1-Codex-Max is $15 cheaper per 1M output tokens (60% lower; 2.5x difference).
  • GPT-5.1-Codex-Max has 200K more context (2x larger).
Head-to-Head Specs
FeatureGPT-5.1-Codex-Max
(OpenAI)
Claude Opus 4.5
(Anthropic)
Input Price
prompt tokens per 1M
$1.25$5
Completion Price
per 1M tokens
$10$25
Sample Workload Cost
1M input + 500K output
$6.25$17.5
Context Window400K200K
Release Date

Use-Case Decision Matrix

Use caseBetter pickWhy
Budget-constrained productionGPT-5.1-Codex-MaxOn the standard 1M input plus 500K output workload, GPT-5.1-Codex-Max is estimated at $6.25 vs $17.5 for Claude Opus 4.5, saving $11.25 (64.3% lower).
High-volume input processingGPT-5.1-Codex-MaxLower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbotsGPT-5.1-Codex-MaxLower output-token price matters most when assistants generate many completion tokens.
RAG or long-document workGPT-5.1-Codex-MaxA 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-5.1-Codex-Max when lower sample workload cost matters most: $0.
  • gpt-oss-20b (free) can replace GPT-5.1-Codex-Max when lower sample workload cost matters most: $0.
  • gpt-oss-20b can replace GPT-5.1-Codex-Max when lower sample workload cost matters most: $0.1.
  • gpt-oss-120b can replace GPT-5.1-Codex-Max when lower sample workload cost matters most: $0.13.
Larger context near this budget
  • Llama 4 Scout offers 10M context with $0.23 sample workload cost.
  • Grok 4.20 Multi-Agent offers 2M context with $5 sample workload cost.
  • Grok 4.20 offers 2M context with $2.5 sample workload cost.
  • GPT-5.5 offers 1.05M context with $20 sample workload cost.

Cheaper alternatives

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Larger context alternatives

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

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Provider catalogs

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OpenAI catalog

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

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Anthropic catalog

Check other Anthropic models with comparable pricing, context, or release timing.

Open Anthropic models
GPT-5.1-Codex-Max

GPT-5.1-Codex-Max is OpenAI’s latest agentic coding model, designed for long-running, high-context software development tasks. It is based on an updated version of the 5.1 reasoning stack and trained on agentic...

Claude Opus 4.5

Claude Opus 4.5 is Anthropic’s frontier reasoning model optimized for complex software engineering, agentic workflows, and long-horizon computer use. It offers strong multimodal capabilities, competitive performance across real-world coding and...