MiniMax M2.1 API Pricing
MiniMax · Budget · Proprietary · released 2025-12. Prices in USD per 1 million tokens. Data snapshot: 2026-09-28.
MiniMax M2.1 has held the same list price since 2026-08-15 and is the 107th cheapest of 142 Budget models. None of its 2 hosts undercuts the price quoted here. No Arena score is published for it, so it carries no Efficiency score and cannot hold the FinOps Friendly badge.
- Input: $0.30 per 1M tokens
- Output: $1.20 per 1M tokens
- Batch API (input/output): not published
- Prompt-cache read: $0.03
- Context window: 205K
- AWS Bedrock regions: ap-northeast-1, eu-central-1, eu-west-1, us-east-1, us-east-2, us-west-2
MiniMax M2.1 market position
On blended price ($0.930 per 1M tokens at 30% input, 70% output) it is cheaper than 21% of Budget models: 107th cheapest of 142, tied with 6 others. Across every category it is cheaper than 60% of priced text models in the catalogue: 107th cheapest of 281, tied with 6 others.
MiniMax M2.1 licence, size and capabilities
MiniMax M2.1 is recorded here as proprietary: access is through an API, priced by the token. Its parameter count is not published. Listed capabilities: Text, Reasoning, Code, Agents. Filling its 205K context window once costs $0.06 in input tokens at list price.
Monthly cost at 100K requests, by business use case
From the after-discounts figure (prompt caching on the cached input share, batch API for async workloads, only where the provider publishes those rates), which assumes you implement both, to the list price. One figure means no discount is published.
| Use case | Tokens (in/out) | Monthly (after discounts – list) |
|---|---|---|
| Support Ticket | 1,500 / 500 | $81 – $105 |
| Knowledge Q&A | 2,000 / 800 | $118 – $156 |
| Meeting Summary | 10,000 / 1,200 | $417 – $444 |
| Marketing Content | 2,500 / 1,800 | $278 – $291 |
| Coding Task | 3,000 / 2,000 | $290 – $330 |
| Invoice Processing | 1,500 / 600 | $105 – $117 |
| Call Summary | 2,000 / 700 | $139 – $144 |
| Agent Workflow | 6,000 / 3,000 | $427 – $540 |
MiniMax M2.1 pricing by host
A host is a company that runs the model and sells it by the token — the lab that made it, a cloud platform like Amazon Bedrock, Azure or Vertex, or an independent provider. One model, several sellers, and often several prices. This model is sold by 2 different hosts. The price quoted above is the one we publish so that models stay comparable; it is not necessarily the cheapest way to buy this model. List prices as published on 2026-09-28 via OpenRouter — negotiated rates, committed-use discounts and provisioned capacity are not shown.
The price we publish is already the cheapest of the 2 hosts: Novita at $0.30 input / $1.20 output per 1M tokens. It serves a quantized fp8 build, which is not the same product as the full-precision model. All of them charge within 10% of one another.
| Host | Input $/1M | Output $/1M |
|---|---|---|
| Novita (the price shown above) — fp8 | $0.30 | $1.20 |
| Minimax (the price shown above) — fp8 | $0.30 | $1.20 |
MiniMax M2.1 price history
MiniMax M2.1 has been in our daily price archive since tracking began on 2026-08-15, when it listed at $0.30 input / $1.20 output per 1M tokens. No list price change since tracking began on 2026-08-15. Last checked against the 2026-09-28 snapshot.
Alternatives to MiniMax M2.1
- Next cheaper Budget model: GPT-5.6 Luna (OpenAI) at $0.900 blended, 3% less.
- Next more expensive: GPT-5.4 Nano (OpenAI) at $0.935 blended, 1% more.
Common questions about MiniMax M2.1 pricing
- How much does MiniMax M2.1 cost?
- MiniMax M2.1 costs $0.30 per million input tokens and $1.20 per million output tokens on the API.
- Does MiniMax M2.1 offer batch or cached pricing?
- Prompt-cache reads cost $0.03/M input tokens. No batch pricing is published.
- What would MiniMax M2.1 cost per month?
- For a support-ticket workload (1,500 input + 500 output tokens per request) at 100K requests/month, MiniMax M2.1 costs about $105 at list prices.
- Has the price of MiniMax M2.1 changed?
- MiniMax M2.1 has been in our daily price archive since tracking began on 2026-08-15, when it listed at $0.30 input / $1.20 output per 1M tokens. No list price change since tracking began on 2026-08-15. Last checked against the 2026-09-28 snapshot.
These are list prices: real cost also depends on caching, batching, negotiated discounts, marketplace agreements, and existing contracts. Get a FinOps review from OptimNow or compare all models.
Build the business case for MiniMax M2.1 in the AI ROI Calculator: add your business value on top of these costs to get ROI, break-even and payback.
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