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o1-mini vs o3: Pricing, Benchmarks & Verdict (2026)

Pricing verified Apr 8, 2026

⚡ Quick Answer

Compare o1-mini and o3 across pricing, benchmarks, and capabilities.

Updated: April 8, 2026 · ✓ Pricing verified

Side-by-Side Comparison

Featureo1-minio3
ProviderOpenAIOpenAI
Input Price / 1M tokens$1.10$10.00
Output Price / 1M tokens$4.40$40.00
Context Window
128K
200K
Max Output Tokens
65,536
100,000
Arena ELO
1,270
1,340
Coding ELO
1,280
1,320
TTFT (ms)
150
600
Tokens/sec
100
15
MultimodalNoNo
JSON ModeYesYes
Function CallingYesYes
VisionNoNo
When to Use o1-mini

o1-mini excels at reasoning, general-purpose tasks.

Strengths:

  • Good reasoning at lower cost
  • Extended thinking
  • Fast for reasoning model

Best for:

reasoninggeneral-purpose
When to Use o3

o3 excels at reasoning, coding, math tasks.

Strengths:

  • Highest reasoning capability
  • Best math performance
  • Code execution

Best for:

reasoningcodingmath

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