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o4-mini vs GPT-4 Turbo

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

o4-mini Cost
$1.98
GPT-4 Turbo Cost
$16.00
o4-mini is 88% cheaper
Featureo4-miniGPT-4 Turbo
ProviderOpenAIOpenAI
Input Price (1M)$1.10$10.00
Output Price (1M)$4.40$30.00
Context Window200,000128,000

Verdict

o4-mini costs $1.10 per 1M input tokens and $4.40 per 1M output tokens. GPT-4 Turbo costs $10.00 per 1M input tokens and $30.00 per 1M output tokens. o4-mini is 89% cheaper on input tokens than GPT-4 Turbo. For output tokens, o4-mini is the more affordable option at $4.40/1M vs $30.00.

On context window, o4-mini 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 o4-mini

  • ✓ You need the lowest input token cost ($ 1.10/1M)
  • ✓ Your workload is output-heavy — o4-mini generates text cheaper
  • ✓ You need a larger context window (200,000 tokens)
  • ✓ You are already integrated with OpenAI

When to choose GPT-4 Turbo

  • ✓ 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 o4-mini cheaper than GPT-4 Turbo?

o4-mini is cheaper on input tokens at $1.10/1M vs $10.00/1M for GPT-4 Turbo — a 89% saving.

What is the context window of o4-mini vs GPT-4 Turbo?

o4-mini has a 200,000-token context window. GPT-4 Turbo has a 128,000-token context window. o4-mini supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: o4-mini or GPT-4 Turbo?

The best choice depends on your use case. For cost efficiency on input tokens, o4-mini is the cheaper option. For maximum context length, o4-mini supports 200,000 tokens. Use the comparison table above to find the right fit for your workload.