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o1 vs GPT-5 mini

Detailed pricing comparison and cost analysis.

Updated August 2026

Cost Simulator

o1 Cost
$27.00
GPT-5 mini Cost
$0.65
GPT-5 mini is 98% cheaper
Featureo1GPT-5 mini
ProviderOpenAIOpenAI
Input Price (1M)$15.00$0.25
Output Price (1M)$60.00$2.00
Context Window200,000128,000

Verdict

o1 costs $15.00 per 1M input tokens and $60.00 per 1M output tokens. GPT-5 mini costs $0.25 per 1M input tokens and $2.00 per 1M output tokens. GPT-5 mini is 98% cheaper on input tokens than o1. For output tokens, GPT-5 mini is the more affordable option at $2.00/1M vs $60.00.

On context window, o1 supports 200,000 tokens — meaning it can fit more conversation history, documents, or code in a single request. This matters for RAG pipelines, long document analysis, and agentic workflows where context builds up over many turns.

When to choose o1

  • ✓ You need a larger context window (200,000 tokens)
  • ✓ You are already integrated with OpenAI

When to choose GPT-5 mini

  • ✓ You need the lowest input token cost ($ 0.25/1M)
  • ✓ Your workload is output-heavy — GPT-5 mini generates text cheaper
  • ✓ You are already integrated with OpenAI

Use the calculator above to simulate your specific workload and find the exact break-even point. For most applications, the cheapest model is the one that minimises your total monthly bill given your input-to-output token ratio.

Frequently Asked Questions

Is o1 cheaper than GPT-5 mini?

GPT-5 mini is cheaper on input tokens at $0.25/1M vs $15.00/1M for o1 — a 98% saving.

What is the context window of o1 vs GPT-5 mini?

o1 has a 200,000-token context window. GPT-5 mini has a 128,000-token context window. o1 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: o1 or GPT-5 mini?

The best choice depends on your use case. For cost efficiency on input tokens, GPT-5 mini is the cheaper option. For maximum context length, o1 supports 200,000 tokens. Use the comparison table above to find the right fit for your workload.