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MiniMax: MiniMax M2 API Pricing

MiniMax: MiniMax M2 is an API model from minimax. It costs $0.255 per 1M input tokens and $1.02 per 1M output tokens. Its context window is 204,800 tokens with up to 131,072 output tokens. A workload of 10M input + 2M output tokens costs about $4.59 per month.
Input
$0.255
per 1M tokens
Output
$1.02
per 1M tokens
Cached input
—
per 1M tokens
Context window
204K
204,800 tokens
Blended (80/20)
$0.408
per 1M tokens

MiniMax-M2 is a compact, high-efficiency large language model optimized for end-to-end coding and agentic workflows. With 10 billion activated parameters (230 billion total), it delivers near-frontier intelligence across general reasoning,...

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

At 10M input + 2M output tokens per month, MiniMax: MiniMax M2 costs about $4.59 ($2.55 input + $2.04 output). Try your own volumes in the cost calculator.

What are cheaper alternatives to MiniMax: MiniMax M2?

Compare MiniMax: MiniMax M2 with other models

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Frequently asked questions

How much does MiniMax: MiniMax M2 cost?

MiniMax: MiniMax M2 costs $0.255 per 1M input tokens and $1.02 per 1M output tokens (list price, snapshot October 21, 2026). At 10M input + 2M output tokens per month that is about $4.59.

What is the context window of MiniMax: MiniMax M2?

MiniMax: MiniMax M2 has a context window of 204,800 tokens and can return up to 131,072 output tokens per response.

What are cheaper alternatives to MiniMax: MiniMax M2?

Cheaper models include DeepSeek: DeepSeek V3.1 Terminus ($0.27 in / $1 out), MiniMax: MiniMax M2.5 ($0.27 in / $0.95 out), Z.ai: GLM 4.6V ($0.3 in / $0.9 out). See the full list on this page.

Is MiniMax: MiniMax M2 free to use?

No. MiniMax: MiniMax M2 is a paid model at $0.255 input / $1.02 output per 1M tokens. 20 free models are listed on the free models page.

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