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Last scan 2026-08-28 Models tracked 237 Providers 31 Cheapest paid Granite 4.0 H Micro $0.017/Mtok in Every price links to its source

GPT-5 nano vs GPT-4o mini

Side-by-side comparison of API pricing, specs, benchmarks, and capabilities

GPT-5 nano is 47.6% cheaper on blended cost ($0.138 vs $0.262/Mtok)
Specification
Overview
StatusCurrent budget Current budget
Released Aug 7, 2025 Jul 18, 2024
Pricing per million tokens
Input $0.050/Mtok $0.150/Mtok
Output $0.400/Mtok $0.600/Mtok
Blended avg $0.138/Mtok $0.262/Mtok
Cached input $0.005/Mtok $0.075/Mtok
Specifications
Context window 400K tokens 128K tokens
Parameters Proprietary Proprietary
Speed (TPS)
Modalities
Input
textimage
textimage
Benchmarks source: Artificial Analysis
Independent composite scores each on its own scale — not part of the average above
AA Agentic Index 1
AA-Omniscience Index (−100–100) -28.7
Providers
Available from
OpenAI — $0.050/$0.400/Mtok
OpenAI — $0.150/$0.600/Mtok

Cost at scale

1M tokens · 50/50 input/output
Projected cost of GPT-5 nano vs GPT-4o mini at increasing token volumes
VolumeGPT-5 nanoGPT-4o miniSavings
1M tokens $0.14 $0.26 $0.12 (45.7%)
10M tokens $1.38 $2.62 $1.25 (47.6%)
100M tokens $13.75 $26.25 $12.5 (47.6%)
1000M tokens $137.5 $262.5 $125 (47.6%)

When to pick which

distilled from the pricing and spec data above
Pick GPT-5 nano if…
  • cost dominates: $0.138/Mtok blended vs $0.262 — 47.6% less on the same 50/50 token mix
  • your workload re-reads context (agents, RAG, long chats): cached input costs $0.005/Mtok — 90% off its list input price
  • you need the longer context: 400K tokens vs 128K (3.1×)
Pick GPT-4o mini if…
  • this pairing gives GPT-4o mini no edge on price, context, cache discount, or measured performance — pick it only for qualitative fit (ecosystem, compliance, model behavior on your prompts)
Try GPT-5 nano on OpenAI

The cheaper option here — GPT-5 nano costs $0.138/Mtok blended on OpenAI.

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Summary

GPT-5 nano by OpenAI costs $0.050/Mtok input and $0.400/Mtok output, with a 400K-token context window. It supports text, image input.

GPT-4o mini by OpenAI costs $0.150/Mtok input and $0.600/Mtok output, with a 128K-token context window. It supports text, image input.

On a blended cost basis, GPT-5 nano is 47.6% cheaper than GPT-4o mini.It also has a larger context window.

Note: Pricing is per million tokens. Actual costs vary with usage patterns, prompt caching, and batch discounts. Always verify against official provider pricing pages.

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