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o3 vs o3-mini

Pricing, context window, and benchmark comparison · Last updated June 2026

Quick Verdict

o3-mini is cheaper than o3 at $1.10/1M vs $2.00/1M input tokens — a 1.8x cost difference. o3 scores higher on quality benchmarks (ELO 1395). Choose o3-mini for cost-sensitive workloads; choose o3 for maximum quality.

Detailed Comparison

Metrico3o3-mini
Input Price / 1M tokens$2.00/1M$1.10/1MCheaper
Output Price / 1M tokens$8.00/1M$4.40/1MCheaper
Context Window200K200K
ELO Score (LMSYS)1395Smarter1340
Open Source
Free Tier
Release Date2025-042025-01

Which is cheaper: o3 or o3-mini?

o3-mini is the cheaper option at $1.10/1M per 1M input tokens, compared to $2.00/1M for o3. That is a 1.8x cost difference on input tokens. Output pricing follows a similar pattern: o3 charges $8.00/1M vs $4.40/1M for o3-mini.

Which has better quality: o3 or o3-mini?

Based on LMSYS Chatbot Arena rankings, o3 achieves a higher ELO score (1395 vs 1340), suggesting stronger performance on open-ended tasks. o3 excels at top-tier reasoning on math, science, and agentic tasks. o3-mini is known for strong reasoning at a low price point.

Which should you choose: o3 or o3-mini?

Choose o3 if:
  • Top-tier reasoning on math, science, and agentic tasks
  • 87% cheaper than original o1 at the same capability tier
  • 200K context window
Choose o3-mini if:
  • Strong reasoning at a low price point
  • 200K context window
  • Three effort levels (low/medium/high) for cost control

Frequently Asked Questions

Which is cheaper: o3 or o3-mini?

o3-mini is cheaper at $1.10/1M per 1M input tokens, making it 1.8x more affordable.

Which has better quality: o3 or o3-mini?

o3 scores higher on the LMSYS Chatbot Arena with an ELO of 1395, suggesting better overall quality for most tasks.

Which has a larger context window: o3 or o3-mini?

Both o3 and o3-mini have the same context window.

Should I choose o3 or o3-mini?

Choose o3-mini if cost is the priority. Choose o3 if benchmark quality is most important. Consider your specific use case: o3 is best for reasoning and math, while o3-mini excels at reasoning and math.

Is o3 or o3-mini open source?

o3 is proprietary. o3-mini is proprietary.

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