GPT-5.4 mini API Pricing
GPT-5.4 mini costs $0.75 per 1M input tokens and $4.50 per 1M output tokens. These rates were last verified on .
Upgrading to GPT-5.4 mini?
Same token usage, 3:1 input:output, standard list rates · excludes cache, batch and fast mode. Not a quality or compatibility claim. Full calculator →
OpenAI small general text pricing history
USD · units shown per rate- Input: $0.10 / 1M tokensOutput: $0.50 / 1M tokensRate first observedLatestVerified 2026-11-12
- Input: $0.20 / 1M tokensOutput: $1.20 / 1M tokensRate first observedAvailable · older versionVerified 2026-11-12
1 recorded price changes
- Input: $0.20 / 1M tokens · Output: $1.20 / 1M tokens — observed Jul 31, 2026
- Input: $1.00 / 1M tokens · Output: $6.00 / 1M tokens — observed Jun 28, 2026 (first recorded)
- Input: $0.75 / 1M tokensOutput: $4.50 / 1M tokensRate first observedAvailable · older versionVerified 2026-11-12
- Input: $0.20 / 1M tokensOutput: $1.25 / 1M tokensRate first observedDeprecated · 2027-04-01Verified 2026-11-12
- Input: $0.25 / 1M tokensOutput: $2.00 / 1M tokensRate first observedDeprecated · 2026-12-11Verified 2026-11-12
- Input: $0.05 / 1M tokensOutput: $0.40 / 1M tokensRate first observedDeprecated · 2026-12-11Verified 2026-11-12
- Input: $0.40 / 1M tokensOutput: $1.60 / 1M tokensRate first observedDeprecated · 2027-01-14Verified 2026-11-12
- Input: $0.10 / 1M tokensOutput: $0.40 / 1M tokensRate first observedShut downVerified 2026-11-12
- Input: $0.15 / 1M tokensOutput: $0.60 / 1M tokensRate first observedDeprecated · 2027-01-14Verified 2026-11-12
Newest first. Release dates describe the model, not when today's rates took effect. Observations show when we recorded rates, not launch pricing. Image and text token meters are separate; no fixed image-token savings mix is assumed. How we verify
Published rates and billing units
| Billing dimension | USD list price |
|---|---|
| Input / 1M tokens | $0.75 |
| Cached input / 1M tokens | $0.075 |
| Output / 1M tokens | $4.50 |
| Batch: Input / 1M tokens | $0.375 |
| Batch: Cached input / 1M tokens | $0.0375 |
| Batch: Output / 1M tokens | $2.25 |
Verified 2026-11-12 · Official source · Pricing methodology. Taxes, optional services and account-specific discounts are not included.
Cost examples
These examples use published list prices only. They exclude taxes, enterprise discounts, minimum charges, retries, batch discounts, and provider-specific billing rules.
1M input + 1M output
$5.25
A direct per-million comparison against every other text model.
100K input + 25K output
$0.1875
A compact chat, summarization, or analysis workload.
10M input + 2M output
$16.50
A monthly production estimate for heavier RAG or agent traffic.
75% cached input + 250K output
$1.37
Cached input is about 90% cheaper than standard input at list price.
Calculator for GPT-5.4 mini
Enter your own input, output, and cached-token assumptions. This calculator is preloaded with only GPT-5.4 mini, so the result stays focused on this model.
Input cost
$0.75
Output cost
$4.50
Total
$5.25
Price history
No list-price movement across 209 daily snapshots from 2026-04-16 to 2026-11-11.
When to use GPT-5.4 mini
Good fit
- code generation, debugging, and agentic development work where output quality affects engineering time
- high-volume routing, classification, extraction, summaries, and fallback traffic
Be careful with
- blind migration without testing your own prompts, latency, and failure modes