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MiniMax: MiniMax M2.5 API Pricing

MiniMax: MiniMax M2.5 is an API model from minimax. It costs $0.27 per 1M input tokens and $0.95 per 1M output tokens, with cached input at $0.03. Its context window is 204,800 tokens with up to 32,768 output tokens. A workload of 10M input + 2M output tokens costs about $4.6 per month.
Input
$0.27
per 1M tokens
Output
$0.95
per 1M tokens
Cached input
$0.03
per 1M tokens
Context window
204K
204,800 tokens
Blended (80/20)
$0.406
per 1M tokens

MiniMax-M2.5 is a SOTA large language model designed for real-world productivity. Trained in a diverse range of complex real-world digital working environments, M2.5 builds upon the coding expertise of M2.1...

How much does MiniMax: MiniMax M2.5 cost for a real workload?

At 10M input + 2M output tokens per month, MiniMax: MiniMax M2.5 costs about $4.6 ($2.7 input + $1.9 output). Try your own volumes in the cost calculator.

What are cheaper alternatives to MiniMax: MiniMax M2.5?

Where to run MiniMax: MiniMax M2.5

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 →

Disclosure: links to these platforms may be affiliate links — if you sign up or buy through them, LLMPrices may earn a commission at no extra cost to you.

Compare MiniMax: MiniMax M2.5 with other models

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Frequently asked questions

How much does MiniMax: MiniMax M2.5 cost?

MiniMax: MiniMax M2.5 costs $0.27 per 1M input tokens and $0.95 per 1M output tokens (list price, snapshot October 22, 2026). At 10M input + 2M output tokens per month that is about $4.6.

What is the context window of MiniMax: MiniMax M2.5?

MiniMax: MiniMax M2.5 has a context window of 204,800 tokens and can return up to 32,768 output tokens per response.

What are cheaper alternatives to MiniMax: MiniMax M2.5?

Cheaper models include Z.ai: GLM 4.6V ($0.3 in / $0.9 out), DeepSeek: DeepSeek V3.1 ($0.25 in / $0.95 out), Mistral: Mistral Medium 3.1 (batch) ($0.2 in / $1 out). See the full list on this page.

Is MiniMax: MiniMax M2.5 free to use?

No. MiniMax: MiniMax M2.5 is a paid model at $0.27 input / $0.95 output per 1M tokens. 21 free models are listed on the free models page.

Provider: minimax · Model ID: minimax/minimax-m2.5 · Modality: text->text · Price snapshot October 22, 2026, refreshed daily. How we collect prices