o3 mini (2025-01-31) pricing

o3 mini (2025-01-31), Reasoning-tier from Azure OpenAI Service, costs $1.10 per 1M input tokens and $4.40 per 1M output tokens.

verified at the provider's own pricing page

Input$1.10per 1M tokens
Output$4.40per 1M tokens
Context window200Ktokens
TierReasoningAzure OpenAI Service

Price your own workload against o3 mini (2025-01-31) in the calculator →

Specs and pricing

ProviderAzure OpenAI Service
TierReasoning
Context window200K tokens
Max output100K tokens
Input price$1.10 / 1M tokens
Output price$4.40 / 1M tokens
Cache read$0.55 / 1M tokens
Modalitiestext

Note. Global Standard tier; USD per 1M tokens as published; Azure states o3-mini has a 200K token context input window and a 100K token maximum output.

What it costs at realistic volumes

Assuming a 4:1 input:output token ratio, a common shape for chat and RAG-style workloads:

Volume (4:1 in:out ratio)Input costOutput costTotal / month
1,000,000 in / 250,000 out$1.10$1.10$2.20
10,000,000 in / 2,500,000 out$11.00$11.00$22.00
100,000,000 in / 25,000,000 out$110.00$110.00$220.00

Cheaper alternatives

Same tier (Reasoning), a different provider, and a lower blended cost at the 4:1 ratio used above:

ModelProvider$/1M in$/1M outAt the 4:1 ratio
Trinity Large (Thinking)Parasail$0.22$0.8580.3% cheaper blended
QwQ 32BCloudflare Workers AI$0.66$1.0058.6% cheaper blended
DeepSeek-R1-Distill-Llama-70BSambaNova$0.70$1.4052.3% cheaper blended
Kimi K2 ThinkingNovita AI$0.60$2.5044.3% cheaper blended
DeepSeek R1 0528Novita AI$0.70$2.5039.8% cheaper blended