Pricing · OpenAI

GPT-5.4 Mini

OpenAI's gpt-5.4-mini, 400K tokens of context. Every number on this page was read off OpenAI's own pricing page — never estimated, never recalled from memory.

How OpenAI describes it

“GPT-5.4 Mini brings the strengths of GPT-5.4 to a faster, more efficient model designed for high-volume workloads.”

Pricing

Prices in US dollars per 1M tokens, as OpenAI's official pricing page printed them when they were last verified, on October 26, 2026.

Input $0.75 per 1M tokens
Output $4.50 per 1M tokens
Cached input $0.075 per 1M tokens · 0.1× the input price

At the calculator's starting volume, 1M input tokens and 200K output tokens with no cache hits, GPT-5.4 Mini costs $1.65: $0.75 for input and $0.90 for output, at the prices above. Same formula as the calculator; change the volume there.

Where this price sits

$0.75 per 1M input tokens is the 23rd cheapest input price of the 77 current models with a verified price on AI Signal, and the 3rd of OpenAI's 17. Output costs 6.0× the input price.

Other price lists OpenAI publishes for GPT-5.4 Mini

The prices above are OpenAI's Standard list, the one the table and the calculator use. OpenAI also sells GPT-5.4 Mini on 3 other lists, each with a condition. Figures and wording are quoted from OpenAI's own pages as read on the date shown; AI Signal computes none of them.

Mentioned in

One post on AI Signal cites GPT-5.4 Mini. The sentence is the post's own, taken from where it links here.

Against GPT-4.1 Mini

GPT-4.1 Mini is the earlier version of the same name in this dataset (deprecated). Against GPT-4.1 Mini, GPT-5.4 Mini has input at $0.75 against $0.40, 1.9× as much; output at $4.50 against $1.60, 2.8× as much; cached input at $0.075 against $0.10, 1.3× less (per 1M tokens). Its prices were verified October 26, 2026: GPT-4.1 Mini

Specifications

GPT-5.4 Mini's API identifier, provider and limits, from the same row of the dataset as the prices above.

API model id gpt-5.4-mini
Provider OpenAI
Family GPT-5.4
Context window 400K tokens
Max output 128K tokens
Knowledge cutoff 2025-08-31
Released March 17, 2026
Status Current

GPT-5.4 Mini was released on March 17, 2026. It returns up to 128K tokens per response, against a context window of 400K tokens.

Questions about GPT-5.4 Mini pricing

How much does GPT-5.4 Mini cost per million tokens?
$0.75 per 1M input tokens and $4.50 per 1M output tokens, read on OpenAI's official pricing page on October 26, 2026.
What does a cached input token cost on GPT-5.4 Mini?
$0.075 per 1M cached input tokens, 10% of the $0.75 input price.

Added on 2026-10-26 (task 338). Price read on 2026-10-26 on OpenAI's pricing page, in its folded 'All models' table, which the page draws in the browser and its Markdown version (developers.openai.com/api/docs/pricing.md) prints; Standard table, columns Model, Input, Output, Cached input, per 1M tokens: 'gpt-5.4-mini | $0.75 | $4.50 | $0.075 |'. Its model page (developers.openai.com/api/docs/models/gpt-5.4-mini), read the same day, prints 'Input $0.75 Cached input $0.075 Output $4.50', '400,000 context window', '128,000 max output tokens' and 'Aug 31, 2025 knowledge cutoff'; its Markdown version adds 'Maximum input tokens: 272,000'. The release date is the date of its only snapshot, 'gpt-5.4-mini gpt-5.4-mini-2026-03-17'. OpenAI's deprecations page (read 2026-10-26) does not list it.

Verified October 26, 2026 against OpenAI's official pricing page. Confidence: confirmed. No price change recorded for this model. How the data is checked.

Other OpenAI models with a verified price

Cheaper or equally priced alternatives

Current models with an input price at or below $0.75 per 1M tokens. The cheapest of these, Mistral Large 3, is 1.5× cheaper on input.