API cost decision in 10 seconds

GPT-5.4 Mini vs Nano Banana 2 (Gemini 3.1 Flash Image Preview)

Pick Nano Banana 2 (Gemini 3.1 Flash Image Preview) for lower cost; pick GPT-5.4 Mini 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 Nano Banana 2 (Gemini 3.1 Flash Image Preview) for lower cost; pick GPT-5.4 Mini only if the larger context window matters more.

On the standard 1M input plus 500K output workload, Nano Banana 2 (Gemini 3.1 Flash Image Preview) is estimated at $2 vs $3 for GPT-5.4 Mini, saving $1 (33.3% lower).

Cost-first pickNano Banana 2 (Gemini 3.1 Flash Image Preview)
Context-first pickGPT-5.4 Mini
Sample savings$133.3%
10x traffic gap$10

GPT-5.4 Mini has more context, but Nano Banana 2 (Gemini 3.1 Flash Image Preview) saves $1 on the standard workload. At 10x that traffic, the same price gap is about $10. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

Nano Banana 2 (Gemini 3.1 Flash Image Preview) stays cheaper across input-heavy, balanced, and output-heavy sample workloads.

Workload shapeToken mixBetter pickGPT-5.4 MiniNano Banana 2 (Gemini 3.1 Flash Image Preview)
Input-heavy / RAG5M input + 500K outputNano Banana 2 (Gemini 3.1 Flash Image Preview)$6$4
Balanced workload1M input + 1M outputNano Banana 2 (Gemini 3.1 Flash Image Preview)$5.25$3.5
Output-heavy chatbot1M input + 5M outputNano Banana 2 (Gemini 3.1 Flash Image Preview)$23.25$15.5
Cheaper input Nano Banana 2 (Gemini 3.1 Flash Image Preview) $0.75 vs $0.5 / 1M

Nano Banana 2 (Gemini 3.1 Flash Image Preview) is $0.25 cheaper per 1M input tokens (33.3% lower; 1.5x difference).

Cheaper output Nano Banana 2 (Gemini 3.1 Flash Image Preview) $4.5 vs $3 / 1M

Nano Banana 2 (Gemini 3.1 Flash Image Preview) is $1.5 cheaper per 1M output tokens (33.3% lower; 1.5x difference).

Larger context GPT-5.4 Mini 400K vs 131.07K

GPT-5.4 Mini has 268.93K more context (3.05x larger).

Sample workload Nano Banana 2 (Gemini 3.1 Flash Image Preview) $3 vs $2

Nano Banana 2 (Gemini 3.1 Flash Image Preview) is $1 cheaper on the standard workload (33.3% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.
GPT-5.4 Mini Calculating… Estimated API cost
Nano Banana 2 (Gemini 3.1 Flash Image Preview) 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

Nano Banana 2 (Gemini 3.1 Flash Image Preview) has the lower input price; Nano Banana 2 (Gemini 3.1 Flash Image Preview) has the lower output price; GPT-5.4 Mini offers the larger context window. For the 1M input plus 500K output sample, Nano Banana 2 (Gemini 3.1 Flash Image Preview) is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $3 for GPT-5.4 Mini and $2 for Nano Banana 2 (Gemini 3.1 Flash Image Preview).

Best Fit

Choose GPT-5.4 Mini when you care most about larger context window.

Choose Nano Banana 2 (Gemini 3.1 Flash Image Preview) 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, Nano Banana 2 (Gemini 3.1 Flash Image Preview) is estimated at $2 vs $3 for GPT-5.4 Mini, saving $1 (33.3% lower).
  • Nano Banana 2 (Gemini 3.1 Flash Image Preview) is $1 cheaper on the standard workload (33.3% lower).
  • Nano Banana 2 (Gemini 3.1 Flash Image Preview) is $0.25 cheaper per 1M input tokens (33.3% lower; 1.5x difference).
  • Nano Banana 2 (Gemini 3.1 Flash Image Preview) is $1.5 cheaper per 1M output tokens (33.3% lower; 1.5x difference).
  • GPT-5.4 Mini has 268.93K more context (3.05x larger).
Head-to-Head Specs
FeatureGPT-5.4 Mini
(OpenAI)
Nano Banana 2 (Gemini 3.1 Flash Image Preview)
(Google)
Input Price
prompt tokens per 1M
$0.75$0.5
Completion Price
per 1M tokens
$4.5$3
Sample Workload Cost
1M input + 500K output
$3$2
Context Window400K131.07K
Release Date

Use-Case Decision Matrix

Use caseBetter pickWhy
Budget-constrained productionNano Banana 2 (Gemini 3.1 Flash Image Preview)On the standard 1M input plus 500K output workload, Nano Banana 2 (Gemini 3.1 Flash Image Preview) is estimated at $2 vs $3 for GPT-5.4 Mini, saving $1 (33.3% lower).
High-volume input processingNano Banana 2 (Gemini 3.1 Flash Image Preview)Lower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbotsNano Banana 2 (Gemini 3.1 Flash Image Preview)Lower output-token price matters most when assistants generate many completion tokens.
RAG or long-document workGPT-5.4 MiniA 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-5.4 Mini when lower sample workload cost matters most: $0.
  • gpt-oss-20b (free) can replace GPT-5.4 Mini when lower sample workload cost matters most: $0.
  • gpt-oss-20b can replace GPT-5.4 Mini when lower sample workload cost matters most: $0.1.
  • gpt-oss-120b can replace GPT-5.4 Mini 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 offers 2M context with $2.5 sample workload cost.
  • Owl Alpha offers 1.05M context with $0 sample workload cost.
  • DeepSeek V4 Flash offers 1.05M context with $0.2 sample workload cost.

Cheaper alternatives

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

Open cheapest models

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.

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OpenAI catalog

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

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Google catalog

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

Open Google models
GPT-5.4 Mini

GPT-5.4 mini brings the core capabilities of GPT-5.4 to a faster, more efficient model optimized for high-throughput workloads. It supports text and image inputs with strong performance across reasoning, coding,...

Nano Banana 2 (Gemini 3.1 Flash Image Preview)

Gemini 3.1 Flash Image Preview, a.k.a. "Nano Banana 2," is Google’s latest state of the art image generation and editing model, delivering Pro-level visual quality at Flash speed. It combines...