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o3-mini vs GPT-4.1

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

o3-mini Cost
$1.98
GPT-4.1 Cost
$3.60
o3-mini is 45% cheaper
Featureo3-miniGPT-4.1
ProviderOpenAIOpenAI
Input Price (1M)$1.10$2.00
Output Price (1M)$4.40$8.00
Context Window200,0001,000,000

Verdict

o3-mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens. GPT-4.1 costs $2.00 per 1M input tokens and $8.00 per 1M output tokens. o3-mini is 45% cheaper on input tokens than GPT-4.1. For output tokens, o3-mini is the more affordable option at $4.40/1M vs $8.00.

On context window, GPT-4.1 supports 1,000,000 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 o3-mini

  • ✓ You need the lowest input token cost ($ 1.10/1M)
  • ✓ Your workload is output-heavy — o3-mini generates text cheaper
  • ✓ You are already integrated with OpenAI

When to choose GPT-4.1

  • ✓ You need a larger context window (1,000,000 tokens)
  • ✓ 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 o3-mini cheaper than GPT-4.1?

o3-mini is cheaper on input tokens at $1.10/1M vs $2.00/1M for GPT-4.1 — a 45% saving.

What is the context window of o3-mini vs GPT-4.1?

o3-mini has a 200,000-token context window. GPT-4.1 has a 1,000,000-token context window. GPT-4.1 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: o3-mini or GPT-4.1?

The best choice depends on your use case. For cost efficiency on input tokens, o3-mini is the cheaper option. For maximum context length, GPT-4.1 supports 1,000,000 tokens. Use the comparison table above to find the right fit for your workload.