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MiniMax: MiniMax M2 API Pricing

MiniMax: MiniMax M2 is an API model from minimax. It costs $0.255 per 1M input tokens and $1.02 per 1M output tokens. Its context window is 204,800 tokens with up to 131,072 output tokens. A workload of 10M input + 2M output tokens costs about $4.59 per month.
Input
$0.255
per 1M tokens
Output
$1.02
per 1M tokens
Cached input
—
per 1M tokens
Context window
204K
204,800 tokens
Blended (80/20)
$0.408
per 1M tokens

MiniMax-M2 is a compact, high-efficiency large language model optimized for end-to-end coding and agentic workflows. With 10 billion activated parameters (230 billion total), it delivers near-frontier intelligence across general reasoning,...

How much does MiniMax: MiniMax M2 cost for a real workload?

At 10M input + 2M output tokens per month, MiniMax: MiniMax M2 costs about $4.59 ($2.55 input + $2.04 output). Try your own volumes in the cost calculator.

What are cheaper alternatives to MiniMax: MiniMax M2?

Where to run MiniMax: MiniMax M2

AI/ML API: one API key for 400+ models, including most models tracked here · Novita AI: pay-as-you-go APIs for open models (DeepSeek, Qwen, Llama and more) plus GPU cloud. Prices there follow each platform's own catalog and can differ from the list prices tracked here.

Run it on AI/ML API →Run it on Novita AI →

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Compare MiniMax: MiniMax M2 with other models

MiniMax: MiniMax M2 vs MiniMax: MiniMax M3.1 Flash (free)MiniMax: MiniMax M2 vs MiniMax: MiniMax M2.5MiniMax: MiniMax M2 vs MiniMax: MiniMax-01MiniMax: MiniMax M2 vs MiniMax: MiniMax M3MiniMax: MiniMax M2 vs MiniMax: MiniMax M2.7MiniMax: MiniMax M2 vs MiniMax: MiniMax M2-her

Frequently asked questions

How much does MiniMax: MiniMax M2 cost?

MiniMax: MiniMax M2 costs $0.255 per 1M input tokens and $1.02 per 1M output tokens (list price, snapshot October 22, 2026). At 10M input + 2M output tokens per month that is about $4.59.

What is the context window of MiniMax: MiniMax M2?

MiniMax: MiniMax M2 has a context window of 204,800 tokens and can return up to 131,072 output tokens per response.

What are cheaper alternatives to MiniMax: MiniMax M2?

Cheaper models include DeepSeek: DeepSeek V3.1 Terminus ($0.27 in / $1 out), MiniMax: MiniMax M2.5 ($0.27 in / $0.95 out), Z.ai: GLM 4.6V ($0.3 in / $0.9 out). See the full list on this page.

Is MiniMax: MiniMax M2 free to use?

No. MiniMax: MiniMax M2 is a paid model at $0.255 input / $1.02 output per 1M tokens. 21 free models are listed on the free models page.

Provider: minimax · Model ID: minimax/minimax-m2 · Modality: text->text · Price snapshot October 22, 2026, refreshed daily. How we collect prices