modelgrep

Cheapest MiniMax Models

Quick answer · Updated June 2026

The cheapest MiniMax model is MiniMax M2.5 at $0.150 per million input tokens. MiniMax-01 ($0.200) and MiniMax M2.7 ($0.250) round out the top three.

$0.150Input /M
41.9Intelligence
183 t/sSpeed
205KContext

AI models ranked by input token price. The most affordable large language model APIs, from budget open-weight models to discounted frontier models.

  1. 1M
    minimax-m2.5
    ReasoningToolsJSON41.9 intel · 183 t/s · 532ms ttft
    $0.150
    Input /M
  2. 2M
    minimax-01
    Vision34 t/s · 823ms ttft · 1.0M ctx
    $0.200
    Input /M
  3. 3M
    minimax-m2.7
    ReasoningToolsJSON49.6 intel · 273 t/s · 465ms ttft
    $0.250
    Input /M
  4. 4M
    minimax-m2
    ReasoningToolsJSON36.1 intel · 103 t/s · 340ms ttft
    $0.255
    Input /M
  5. 5M
    minimax-m2.1
    ReasoningToolsJSON39.4 intel · 149 t/s · 769ms ttft
    $0.290
    Input /M
  6. 6M
    minimax-m3
    ReasoningToolsJSON+154.7 intel · 42 t/s · 689ms ttft
    $0.300
    Input /M
  7. 7M
    minimax-m2-her
    19 t/s · 915ms ttft · 66K ctx
    $0.300
    Input /M
  8. 8M
    minimax-m1
    ReasoningTools18 t/s · 840ms ttft · 1M ctx
    $0.400
    Input /M

Frequently asked

What is the cheapest MiniMax model?

The cheapest MiniMax model is MiniMax M2.5 at $0.150 per million input tokens. MiniMax-01 ($0.200) and MiniMax M2.7 ($0.250) round out the top three.

What's a good alternative to MiniMax M2.5?

MiniMax-01 ($0.200) is the closest alternative on this metric, followed by MiniMax M2.7 ($0.250). See the full ranking above for the tradeoffs.

How many MiniMax models are there?

modelgrep tracks 8 MiniMax models with live benchmarks, speed, latency and per-provider pricing, led on intelligence by MiniMax M3. 8 of them qualify for this ranking.

More MiniMax rankings

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