API cost decision in 10 seconds

GPT-5.2-Codex vs Kimi K2 Thinking

Pick Kimi K2 Thinking for lower cost; pick GPT-5.2-Codex only if the larger context window matters more.

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

Budget verdict

Pick Kimi K2 Thinking for lower cost; pick GPT-5.2-Codex only if the larger context window matters more.

On the standard 1M input plus 500K output workload, Kimi K2 Thinking is estimated at $1.85 vs $8.75 for GPT-5.2-Codex, saving $6.9 (78.9% lower).

Cost-first pickKimi K2 Thinking
Context-first pickGPT-5.2-Codex
Sample savings$6.978.9%
10x traffic gap$69

GPT-5.2-Codex has more context, but Kimi K2 Thinking saves $6.9 on the standard workload. At 10x that traffic, the same price gap is about $69. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

Kimi K2 Thinking stays cheaper across input-heavy, balanced, and output-heavy sample workloads.

Workload shapeToken mixBetter pickGPT-5.2-CodexKimi K2 Thinking
Input-heavy / RAG5M input + 500K outputKimi K2 Thinking$15.75$4.25
Balanced workload1M input + 1M outputKimi K2 Thinking$15.75$3.1
Output-heavy chatbot1M input + 5M outputKimi K2 Thinking$71.75$13.1
Cheaper input Kimi K2 Thinking $1.75 vs $0.6 / 1M

Kimi K2 Thinking is $1.15 cheaper per 1M input tokens (65.7% lower; 2.92x difference).

Cheaper output Kimi K2 Thinking $14 vs $2.5 / 1M

Kimi K2 Thinking is $11.5 cheaper per 1M output tokens (82.1% lower; 5.6x difference).

Larger context GPT-5.2-Codex 400K vs 262.14K

GPT-5.2-Codex has 137.86K more context (1.53x larger).

Sample workload Kimi K2 Thinking $8.75 vs $1.85

Kimi K2 Thinking is $6.9 cheaper on the standard workload (78.9% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.
GPT-5.2-Codex Calculating… Estimated API cost
Kimi K2 Thinking 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

Kimi K2 Thinking has the lower input price; Kimi K2 Thinking has the lower output price; GPT-5.2-Codex offers the larger context window. For the 1M input plus 500K output sample, Kimi K2 Thinking is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $8.75 for GPT-5.2-Codex and $1.85 for Kimi K2 Thinking.

Best Fit

Choose GPT-5.2-Codex when you care most about larger context window.

Choose Kimi K2 Thinking when you care most about lower input-token price, and lower output-token price.

Decision Notes
  • On the standard 1M input plus 500K output workload, Kimi K2 Thinking is estimated at $1.85 vs $8.75 for GPT-5.2-Codex, saving $6.9 (78.9% lower).
  • Kimi K2 Thinking is $6.9 cheaper on the standard workload (78.9% lower).
  • Kimi K2 Thinking is $1.15 cheaper per 1M input tokens (65.7% lower; 2.92x difference).
  • Kimi K2 Thinking is $11.5 cheaper per 1M output tokens (82.1% lower; 5.6x difference).
  • GPT-5.2-Codex has 137.86K more context (1.53x larger).
Head-to-Head Specs
FeatureGPT-5.2-Codex
(OpenAI)
Kimi K2 Thinking
(MoonshotAI)
Input Price
prompt tokens per 1M
$1.75$0.6
Completion Price
per 1M tokens
$14$2.5
Sample Workload Cost
1M input + 500K output
$8.75$1.85
Context Window400K262.14K
Release Date

Use-Case Decision Matrix

Use caseBetter pickWhy
Budget-constrained productionKimi K2 ThinkingOn the standard 1M input plus 500K output workload, Kimi K2 Thinking is estimated at $1.85 vs $8.75 for GPT-5.2-Codex, saving $6.9 (78.9% lower).
High-volume input processingKimi K2 ThinkingLower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbotsKimi K2 ThinkingLower output-token price matters most when assistants generate many completion tokens.
RAG or long-document workGPT-5.2-CodexA 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-5.2-Codex when lower sample workload cost matters most: $0.
  • gpt-oss-20b (free) can replace GPT-5.2-Codex when lower sample workload cost matters most: $0.
  • gpt-oss-20b can replace GPT-5.2-Codex when lower sample workload cost matters most: $0.1.
  • gpt-oss-120b can replace GPT-5.2-Codex 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-5.4 offers 1.05M context with $10 sample workload cost.
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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OpenAI catalog

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MoonshotAI catalog

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GPT-5.2-Codex

GPT-5.2-Codex is an upgraded version of GPT-5.1-Codex optimized for software engineering and coding workflows. It is designed for both interactive development sessions and long, independent execution of complex engineering tasks....

Kimi K2 Thinking

Kimi K2 Thinking is Moonshot AI’s most advanced open reasoning model to date, extending the K2 series into agentic, long-horizon reasoning. Built on the trillion-parameter Mixture-of-Experts (MoE) architecture introduced in...