MiniMax API pricing
MiniMax's open-weight M-series — efficient mixture-of-experts models with very competitive pricing.
MiniMax models — price per 1M tokens
All prices in USD, last verified 2026-06-26. Cheapest reference cost first; click a column to re-sort.
| Model | Input /1M | Output /1M | Cost / call* | Context | Type |
|---|---|---|---|---|---|
| MiniMax-M2 Open weights | $0.260 | $1.00 | $0.0013 | 200K | Balanced open |
| MiniMax-M3 Open weights, 1M context | $0.300 | $1.20 | $0.0015 | 1M | Flagship open |
*Reference cost of one call with 1,000 input + 1,000 output tokens — a neutral yardstick. Use the calculator for your real usage. Cheapest row highlighted.
How MiniMax API pricing works
MiniMax bills per token: an input price for everything you send and a higher output price for what the model generates, both quoted per million tokens. To estimate a real bill, multiply by your monthly request volume — the cost calculator does this across every model at once.
Before committing to volume, always confirm the current numbers on the official MiniMax pricing page — the list prices here are verified periodically but the market moves fast.