💰 Unit Cost Winner GPT-4o Mini $0.15/1M in · $0.60/1M out
⚡ Latency & Speed Winner GPT-4o Mini 220ms TTFT · 140 tok/s
💻 Coding (SWE) Winner OpenAI o3-mini 49.3% SWE-bench · 92.4% HumanEval
🧠 STEM Reasoning Winner OpenAI o3-mini 79.7% GPQA · 97.9% MATH-500

Which model is better: GPT-4o Mini or OpenAI o3-mini?

GPT-4o Mini is 86.4% cheaper for input tokens ($0.15 vs. $1.10 per 1M tokens) and $0.60 vs. $4.40 for output tokens (7.3x cost advantage). In terms of operational performance, GPT-4o Mini delivers lower response latency at 220ms TTFT (730ms faster than OpenAI o3-mini) with 140 vs. 98 tok/s throughput. OpenAI o3-mini leads coding evaluations at 49.3% SWE-bench Verified vs. 41.0% for GPT-4o Mini and 79.7% vs. 40.2% on GPQA Diamond.
Verified daily via automated API latency tests and official documentation.

Verified Performance & Unit Economics Delta (12 Dimensions)

Daily synchronized metrics across token pricing, prompt cache economics, latency, throughput, and 5 capability benchmarks.

Metric / Dimension GPT-4o Mini OpenAI o3-mini Net Delta / Advantage
Input Cost / 1M Tokens $0.15 $1.10 GPT-4o Mini is 7.3x cheaper
Output Cost / 1M Tokens $0.60 $4.40 GPT-4o Mini (86.4% lower)
Prompt Cache Read / 1M $0.075 $0.550 GPT-4o Mini is 7.3x cheaper
Prompt Cache Write / 1M $0.15 $1.10 GPT-4o Mini is 7.3x cheaper
Context Window (Max Output) 131k (16k out) 205k (100k out) OpenAI o3-mini (1.6x larger context)
Avg TTFT Response Latency 220ms 950ms GPT-4o Mini (730ms faster)
Generation Speed (Throughput) 140 tok/s 98 tok/s GPT-4o Mini (+42 tok/s faster)
SWE-bench Verified (Coding) 41% 49.3% OpenAI o3-mini (+8.3% lead)
GPQA Diamond (PhD STEM) 40.2% 79.7% OpenAI o3-mini (+39.5% lead)
MMLU-Pro (Multi-Discipline) 68% 83.2% OpenAI o3-mini (+15.2% lead)
MATH-500 (Quantitative Logic) 70.2% 97.9% OpenAI o3-mini (+27.7% lead)
Inference Value Score (IVR) 67.2 / 100 59.7 / 100 GPT-4o Mini (+7.5 pts)

Interactive Monthly Token Economics & ROI Forecaster

Model production workloads across prompt, completion, and cached context tokens, or switch models on the fly.

25.0M Tokens
500K 50M 250M 500M+
5.0M Tokens
100K 25M 75M 150M+
50% Cached
0% (Uncached) 25% 50% (Typical Agent) 95% Max

Estimated Monthly Spend

GPT-4o Mini $5.81

$0.15/1M in · $0.60/1M out

Prompt Cache: $0.075/1M read · $0.15/1M write

OpenAI o3-mini $42.63

$1.10/1M in · $4.40/1M out

Prompt Cache: $0.550/1M read · $1.10/1M write

Projected Monthly Cost Reduction
$36.81 / mo
(86.4% lower cost with GPT-4o Mini)
Open Full Matchup Analysis →
A

When to Choose GPT-4o Mini

Choose GPT-4o Mini (OpenAI) for high-volume classification, lightweight RAG chatbots, and structured JSON extraction — offering a 131k context window, 220ms TTFT, and $0.15/1M input pricing ($0.075/1M cached reads).

B

When to Choose OpenAI o3-mini

Choose OpenAI o3-mini (OpenAI) for competitive math reasoning, automated unit test generation, and structured logic pipelines — offering a 204k context window, 950ms TTFT, and $1.10/1M input pricing ($0.550/1M cached reads).

Related Questions & Decision Factors

Which is cheaper: GPT-4o Mini or OpenAI o3-mini?

GPT-4o Mini is cheaper at $0.15/1M input tokens ($0.60/1M output) compared to $1.10/1M input ($4.40/1M output) for OpenAI o3-mini.

Which model has lower TTFT latency and higher tok/s throughput: GPT-4o Mini or OpenAI o3-mini?

GPT-4o Mini delivers faster first-token latency at 220ms TTFT (140 tok/s throughput) compared to 950ms TTFT (98 tok/s) for OpenAI o3-mini.

How do GPT-4o Mini and OpenAI o3-mini compare on SWE-bench coding and GPQA Diamond reasoning?

On SWE-bench Verified software engineering, GPT-4o Mini scores 41% versus 49.3% for OpenAI o3-mini. On GPQA Diamond graduate-level STEM reasoning, GPT-4o Mini scores 40.2% versus 79.7% for OpenAI o3-mini (and 70.2% vs 97.9% on MATH-500).

When should you choose GPT-4o Mini?

Choose GPT-4o Mini (OpenAI) for high-volume classification, lightweight RAG chatbots, and structured JSON extraction — offering a 131k context window, 220ms TTFT, and $0.15/1M input pricing ($0.075/1M cached reads).

When should you choose OpenAI o3-mini?

Choose OpenAI o3-mini (OpenAI) for competitive math reasoning, automated unit test generation, and structured logic pipelines — offering a 204k context window, 950ms TTFT, and $1.10/1M input pricing ($0.550/1M cached reads).

Explore High-Priority Related Model Matchups