DeepSeek R1 vs o4-mini: Pricing, Benchmarks & Verdict (2026)

Pricing verified Apr 20, 2026By LLMversusUpdated June 14, 2026View methodology

⚡ Quick Answer

DeepSeek R1 is significantly cheaper at $0.55/$2.19 per million tokens vs $1.10/$4.40. o4-mini is stronger for coding with a coding ELO of 1380 vs 1330. o4-mini is faster at 60 tokens/sec vs 45 tokens/sec. o4-mini ranks higher overall with an Arena ELO of 1350 vs 1310. o4-mini offers a larger 200K context window vs 128K.

Updated: April 20, 2026 · ✓ Pricing verified

Side-by-Side Comparison

FeatureDeepSeek R1o4-mini
ProviderDeepSeekOpenAI
Input Price / 1M tokens$0.500$1.10
Output Price / 1M tokens$2.15$4.40
Context Window
128K
128K
Max Output Tokens
8,192
32,768
Arena ELO
1,310
1,260
Coding ELO
1,330
1,270
TTFT (ms)
1,800
180
Tokens/sec
45
105
MultimodalNoNo
JSON ModeYesYes
Function CallingNoYes
VisionNoNo
When to Use DeepSeek R1

Choose DeepSeek R1 when you need: excellent reasoning at a fraction of o3's cost, open-source and self-hostable, top-tier math performance, very competitive with proprietary reasoning models. It excels at reasoning, math, coding, science tasks. It is also the more cost-effective option between the two.

Strengths:

  • Excellent reasoning at a fraction of o3's cost
  • Open-source and self-hostable
  • Top-tier math performance
  • Very competitive with proprietary reasoning models

Best for:

reasoningmathcodingscience
When to Use o4-mini

Choose o4-mini when you need: excellent reasoning and math capabilities, strong coding performance, affordable for a reasoning model, large output window. It excels at reasoning, math, coding, science tasks. Its 200K context window is larger, making it better for long-document processing.

Strengths:

  • Affordable
  • Fast
  • Good reasoning

Best for:

general-purposereasoningcoding

Frequently Asked Questions

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