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minimax API Pricing

minimax offers 9 API models in the catalog. Combined input+output prices range from $0 (free) (MiniMax: MiniMax M3.1 Flash (free)) to $2.75 (MiniMax: MiniMax M1) per 1M tokens. Its most recent model is MiniMax: MiniMax M3.1 Flash (free) at $0 (free) input / $0 (free) output.
ModelInput /1MOutput /1MCached in /1MContext
MiniMax: MiniMax M3.1 Flash (free)FreeFree—1,000,000
MiniMax: MiniMax M2.5$0.27$0.95$0.03204,800
MiniMax: MiniMax M2$0.255$1.02—204,800
MiniMax: MiniMax-01$0.2$1.1—1,000,192
MiniMax: MiniMax M3$0.3$1.2$0.061,048,576
MiniMax: MiniMax M2.7$0.3$1.2$0.06204,800
MiniMax: MiniMax M2-her$0.3$1.2$0.0365,536
MiniMax: MiniMax M2.1$0.3$1.2$0.03204,800
MiniMax: MiniMax M1$0.55$2.2—1,000,000

Frequently asked questions

What is the cheapest minimax model?

The cheapest minimax model by combined price is MiniMax: MiniMax M3.1 Flash (free) at $0 (free) input and $0 (free) output per 1M tokens.

How many models does minimax offer via API?

minimax lists 9 models in the OpenRouter catalog as of October 21, 2026.

Price snapshot October 21, 2026, refreshed daily. Official minimax pricing page ↗