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Minimax · released 2025-12-23 · text model

MiniMax M2.1

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Input price$0.29/1M tokens
Output price$0.95/1M tokens
Context197Ktokens
P50 latency—sfirst tok
Throughputtok/s

Full pricing details

all prices in USD per 1M tokens · All hidden costs surfaced
Pricing tierInputOutputNotes
Standard
Pay-as-you-go API rate card
$0.29$0.95Default if no headers set
With prompt caching
Cached read · cache write
$0.03−90%$0.95Cache writes priced at standard input ($0.29); cached reads 90% off. Requires cache_control header.
Batch API (50% off)
24h SLA, async
$0.14−50%$0.47−50%Send up to 50K requests in one batch; results within 24h
Image input (vision)
Per image, low/high detail differ
$0.29 + image fee$0.95$0.50 per 1024×1024 image at high detail; low detail ~$0.10
Reasoning tokens
Hidden chain-of-thought tokens
$0.29$0.95 × ~3-8When using reasoning.effort: high, output tokens include hidden reasoning. Real cost can be 3-8× headline output.
Structured output
JSON mode + schema
$0.29$0.95No extra cost; first call may be slower (~2x latency) due to schema compilation

Capabilities

Vision (image understanding)Function callingStructured output (JSON schema)Reasoning modeMultilingual (32+ langs)Batch APIAudio I/OFine-tuning

Monthly cost in common scenarios

Default usage assumptions

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