How LLM API Pricing Works

Tokens, input vs output, context windows — why the same task can cost 50× more on one model than another, explained simply.

HomeAI Models › GPT-4o mini vs Claude Haiku 4.5

GPT-4o mini vs Claude Haiku 4.5: price comparison

Real 2026 API prices side by side, with the total cost of a typical 10M-input / 3M-output monthly workload.

Price & cost at a glance

GPT-4o miniClaude Haiku 4.5
Input / 1M tokens$0.15$1
Output / 1M tokens$0.6$5
Context window128K200K
Cost — 10M in + 3M out$3.3$25

Green = cheaper / larger. Prices per 1M tokens, USD. Snapshot 2026 — verify with the provider.

Which is cheaper?

GPT-4o mini is the cheaper option on a 10M-in / 3M-out workload — about $3.3/mo versus $25 for Claude Haiku 4.5 (~7.6× difference). Because output tokens are billed higher, the model with the lower output price usually wins as your responses get longer.

Run your own token mix in the cost calculator, or see each model in depth: GPT-4o mini · Claude Haiku 4.5.

Frequently asked

Is GPT-4o mini or Claude Haiku 4.5 cheaper?

At a typical 10M input + 3M output tokens per month, GPT-4o mini costs about $3.3 versus $25 for Claude Haiku 4.5 — GPT-4o mini is roughly 7.6x cheaper on this workload. Your ratio of input to output tokens changes the gap.

What's the price difference between GPT-4o mini and Claude Haiku 4.5?

GPT-4o mini is $0.15/$0.6 per 1M input/output tokens; Claude Haiku 4.5 is $1/$5. Output tokens usually dominate a bill, so compare the output price first.

Which has the bigger context window, GPT-4o mini or Claude Haiku 4.5?

GPT-4o mini supports about 128K tokens and Claude Haiku 4.5 about 200K. A bigger window costs more per call because every token in context is billed.

Educational estimates — not affiliated with any provider.