LLMversus

o3-mini vs Phi-3 Medium: Pricing, Benchmarks & Verdict (2026)

Pricing verified Aug 3, 2026By LLMversusUpdated August 8, 2026View methodology

⚡ Quick Answer

Compare o3-mini and Phi-3 Medium across pricing, benchmarks, and capabilities.

Updated: August 3, 2026 · ✓ Pricing verified

Side-by-Side Comparison

Featureo3-miniPhi-3 Medium
ProviderOpenAIMicrosoft
Input Price / 1M tokens$1.10$0.170
Output Price / 1M tokens$4.40$0.170
Context Window
128K
128K
Max Output Tokens
65,536
4,096
Arena ELO
1,348
1,170
Coding ELO
1,348
1,175
TTFT (ms)
350
150
Tokens/sec
25
100
MultimodalNoNo
JSON ModeYesYes
Function CallingNoYes
VisionNoNo
When to Use o3-mini

o3-mini excels at reasoning, math, general-purpose tasks.

Strengths:

  • Strong reasoning
  • Good math skills
  • Affordable reasoning

Best for:

reasoningmathgeneral-purpose
When to Use Phi-3 Medium

Phi-3 Medium excels at cost-effective, general-purpose tasks.

Strengths:

  • Affordable
  • Fast
  • Good instruction following

Best for:

cost-effectivegeneral-purpose

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