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MiniMax: MiniMax M2.5 API Pricing

MiniMax: MiniMax M2.5 is an API model from minimax. It costs $0.27 per 1M input tokens and $0.95 per 1M output tokens, with cached input at $0.03. Its context window is 204,800 tokens with up to 32,768 output tokens. A workload of 10M input + 2M output tokens costs about $4.6 per month.
Input
$0.27
per 1M tokens
Output
$0.95
per 1M tokens
Cached input
$0.03
per 1M tokens
Context window
204K
204,800 tokens
Blended (80/20)
$0.406
per 1M tokens

MiniMax-M2.5 is a SOTA large language model designed for real-world productivity. Trained in a diverse range of complex real-world digital working environments, M2.5 builds upon the coding expertise of M2.1...

How much does MiniMax: MiniMax M2.5 cost for a real workload?

At 10M input + 2M output tokens per month, MiniMax: MiniMax M2.5 costs about $4.6 ($2.7 input + $1.9 output). Try your own volumes in the cost calculator.

What are cheaper alternatives to MiniMax: MiniMax M2.5?

Compare MiniMax: MiniMax M2.5 with other models

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Frequently asked questions

How much does MiniMax: MiniMax M2.5 cost?

MiniMax: MiniMax M2.5 costs $0.27 per 1M input tokens and $0.95 per 1M output tokens (list price, snapshot October 21, 2026). At 10M input + 2M output tokens per month that is about $4.6.

What is the context window of MiniMax: MiniMax M2.5?

MiniMax: MiniMax M2.5 has a context window of 204,800 tokens and can return up to 32,768 output tokens per response.

What are cheaper alternatives to MiniMax: MiniMax M2.5?

Cheaper models include Z.ai: GLM 4.6V ($0.3 in / $0.9 out), DeepSeek: DeepSeek V3.1 ($0.25 in / $0.95 out), Mistral: Mistral Medium 3.1 (batch) ($0.2 in / $1 out). See the full list on this page.

Is MiniMax: MiniMax M2.5 free to use?

No. MiniMax: MiniMax M2.5 is a paid model at $0.27 input / $0.95 output per 1M tokens. 20 free models are listed on the free models page.

Provider: minimax · Model ID: minimax/minimax-m2.5 · Modality: text->text · Price snapshot October 21, 2026, refreshed daily. How we collect prices