The closest alternative to GPT-5.1-Codex is Claude Opus 4.5 — comparable intelligence (34.7 vs 34.7); for a cheaper option, GPT-5.6 Terra runs $1.00/M vs $1.25/M; and the best open-weight substitute is Kimi K3.
Claude Opus 4.5 is the closest alternative to GPT-5.1-Codex, with an Intelligence Index of 34.7 (GPT-5.1-Codex scores 34.7) at $5.00 per million input tokens.
Yes — GPT-5.6 Terra costs $1.00 per million input tokens versus $1.25 for GPT-5.1-Codex, while staying within ~8 points of its Intelligence Index.
Kimi K3 is the strongest open-weight alternative to GPT-5.1-Codex — downloadable from Hugging Face and self-hostable, scoring 57.1 on intelligence.