Official LLM API price list

A "0.3x rate" only means something against a baseline — this table is that baseline. Prices are taken from each vendor's own pricing page, at list price (excluding volume discounts), in USD per million tokens. Work out real cost in the rate calculator →

MiniMax

Model Tier Input $/M Output $/M Cached input Context Services Notes
MiniMax M3.1 Flash cheapest in family
minimax-m3.1-flash
Lightweight $0.14 $0.56 $0.014 1000K — 官方 1 元 / 4 元,缓存读取 0.1 元
MiniMax M3
minimax-m3
Flagship $0.3 $1.2 $0.06 1000K — Official $0.30/$1.20 per million tokens (includes a permanent 50% discount); unit price doubles above 512K input;…
MiniMax M2.7
minimax-m2.7
Workhorse $0.3 $1.2 $0.06 204K — Official $0.30/$1.20 per million tokens (includes a permanent 50% discount); cached input $0.06
MiniMax M2.5
minimax-m2.5
Workhorse $0.3 $1.2 $0.03 204K — Official $0.30/$1.20 per million tokens (includes a permanent 50% discount); cached input $0.03
MiniMax M2.1
minimax-m2.1
Lightweight $0.3 $1.2 $0.03 204K — Official $0.30/$1.20 per million tokens (includes a permanent 50% discount); cached input $0.03

Three traps in any API price list

  1. A cheap input price does not mean a cheap bill. Output tokens usually cost 4–6x input, so if you are generating long text or completing code, the output column is your bill.
  2. Cache pricing differs by an order of magnitude. For some vendors a cache hit costs 10% of list price, so if you use a fixed system prompt or repeated documents, work out the caching benefit first.
  3. Promotional prices expire. Models with a promotion window noted in the remarks column may double afterwards — budget at list price for anything long-term (the Notes column flags these).

Prices change as vendors adjust them; the verification date for each row is in its notes. Check the vendor's own pricing page again before making a production decision.