MiniMax M2-her is $7.7 cheaper per 1M input tokens (96.2% lower; 26.7x difference).
API cost decision in 10 seconds
GPT-5.4 Image 2 vs MiniMax M2-her
Pick MiniMax M2-her for lower cost; pick GPT-5.4 Image 2 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 MiniMax M2-her for lower cost; pick GPT-5.4 Image 2 only if the larger context window matters more.
On the standard 1M input plus 500K output workload, MiniMax M2-her is estimated at $0.9 vs $15.5 for GPT-5.4 Image 2, saving $14.6 (94.2% lower).
Cost-first pickMiniMax M2-her
Context-first pickGPT-5.4 Image 2
Sample savings$14.694.2%
10x traffic gap$146
GPT-5.4 Image 2 has more context, but MiniMax M2-her saves $14.6 on the standard workload. At 10x that traffic, the same price gap is about $146. Use the calculator below to replace the sample workload with your own token volume.
Cost sensitivity
Workload Sensitivity
MiniMax M2-her stays cheaper across input-heavy, balanced, and output-heavy sample workloads.
| Workload shape | Token mix | Better pick | GPT-5.4 Image 2 | MiniMax M2-her |
|---|---|---|---|---|
| Input-heavy / RAG | 5M input + 500K output | MiniMax M2-her | $47.5 | $2.1 |
| Balanced workload | 1M input + 1M output | MiniMax M2-her | $23 | $1.5 |
| Output-heavy chatbot | 1M input + 5M output | MiniMax M2-her | $83 | $6.3 |
MiniMax M2-her is $13.8 cheaper per 1M output tokens (92% lower; 12.5x difference).
GPT-5.4 Image 2 has 206.46K more context (4.15x larger).
MiniMax M2-her is $14.6 cheaper on the standard workload (94.2% lower).
Estimate your workload cost
Your Workload Cost
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
MiniMax M2-her has the lower input price; MiniMax M2-her has the lower output price; GPT-5.4 Image 2 offers the larger context window. For the 1M input plus 500K output sample, MiniMax M2-her is cheaper for the standard workload.
For a 1M input token plus 500K output token workload, the estimated API cost is $15.5 for GPT-5.4 Image 2 and $0.9 for MiniMax M2-her.
Choose GPT-5.4 Image 2 when you care most about larger context window.
Choose MiniMax M2-her when you care most about lower input-token price, and lower output-token price.
- On the standard 1M input plus 500K output workload, MiniMax M2-her is estimated at $0.9 vs $15.5 for GPT-5.4 Image 2, saving $14.6 (94.2% lower).
- MiniMax M2-her is $14.6 cheaper on the standard workload (94.2% lower).
- MiniMax M2-her is $7.7 cheaper per 1M input tokens (96.2% lower; 26.7x difference).
- MiniMax M2-her is $13.8 cheaper per 1M output tokens (92% lower; 12.5x difference).
- GPT-5.4 Image 2 has 206.46K more context (4.15x larger).
| Feature | GPT-5.4 Image 2 (OpenAI) | MiniMax M2-her (MiniMax) |
|---|---|---|
| Input Price prompt tokens per 1M | $8 | $0.3 |
| Completion Price per 1M tokens | $15 | $1.2 |
| Sample Workload Cost 1M input + 500K output | $15.5 | $0.9 |
| Context Window | 272K | 65.54K |
| Release Date |
Use-Case Decision Matrix
| Use case | Better pick | Why |
|---|---|---|
| Budget-constrained production | MiniMax M2-her | On the standard 1M input plus 500K output workload, MiniMax M2-her is estimated at $0.9 vs $15.5 for GPT-5.4 Image 2, saving $14.6 (94.2% lower). |
| High-volume input processing | MiniMax M2-her | Lower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill. |
| Long responses and chatbots | MiniMax M2-her | Lower output-token price matters most when assistants generate many completion tokens. |
| RAG or long-document work | GPT-5.4 Image 2 | A larger context window leaves more room for retrieved passages, conversation history, or source files. |
Related Alternatives
- gpt-oss-120b (free) can replace GPT-5.4 Image 2 when lower sample workload cost matters most: $0.
- gpt-oss-20b (free) can replace GPT-5.4 Image 2 when lower sample workload cost matters most: $0.
- gpt-oss-20b can replace GPT-5.4 Image 2 when lower sample workload cost matters most: $0.1.
- gpt-oss-120b can replace GPT-5.4 Image 2 when lower sample workload cost matters most: $0.13.
- 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.
- No popular competitor is currently available.
Cheaper alternatives
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