GPT-4 1 vs o3-mini: Pricing, Benchmarks & Verdict (2026)

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

⚡ Quick Answer

o3-mini is significantly cheaper at $1.10/$4.40 per million tokens vs $2.00/$8.00. GPT-4.1 is faster at 88 tokens/sec vs 55 tokens/sec. o3-mini ranks higher overall with an Arena ELO of 1310 vs 1290. GPT-4.1 offers a larger 1048K context window vs 200K.

Updated: April 20, 2026 · ✓ Pricing verified

Side-by-Side Comparison

FeatureGPT-4 1o3-mini
ProviderOpenAIOpenAI
Input Price / 1M tokens$2.00$1.10
Output Price / 1M tokens$8.00$4.40
Context Window
8.192K
128K
Max Output Tokens
2,048
65,536
Arena ELO
1,200
1,280
Coding ELO
1,210
1,285
TTFT (ms)
160
350
Tokens/sec
85
25
MultimodalNoNo
JSON ModeYesYes
Function CallingYesNo
VisionNoNo
When to Use GPT-4 1

Choose GPT-4.1 when you need: 1m token context window, excellent coding performance, strong instruction following, competitive pricing for its capability. It excels at coding, long-context, agents, general-purpose tasks. Its 1048K context window is larger, making it better for long-document processing.

Strengths:

  • Good quality
  • Affordable
  • Reliable

Best for:

general-purposecoding
When to Use o3-mini

Choose o3-mini when you need: strong mathematical reasoning, good coding performance, affordable reasoning model, large output window. It excels at reasoning, math, coding, science tasks. It is also the more cost-effective option between the two.

Strengths:

  • Strong reasoning
  • Good math skills
  • Affordable reasoning

Best for:

reasoningmathgeneral-purpose

Frequently Asked Questions

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