Breaking: OpenAI has radically restructured its API pricing, with some models now 80-87% cheaper than previous versions. Our analysis breaks down every tier—from the new budget-friendly gpt-4o-mini at $0.15/M tokens to the premium oi-pro at $150/M—complete with visual comparisons to help you choose the right model.
Breaking: OpenAI’s new pricing cuts costs by up to 87%, with models now ranging from $0.15 to $600 per million tokens. This visual comparison helps you choose the right tier.
| Model | Input Tokens (per 1M) |
Output Tokens (per 1M) |
Best For |
|---|---|---|---|
gpt-4o-mini |
$0.15 | $0.60 | High-volume tasks |
gpt-4o |
$2.50 | $10.00 | General AI apps |
o3 (NEW) |
$2.00 | $8.00 | Cost-effective coding |
oi-pro |
$150.00 | $600.00 | Mission-critical analysis |
🔍 How to Choose Your Model
For Budget-Conscious Developers
gpt-4o-mini ($0.15/M): Use for:
- Log processing
- Basic chatbots
- Non-critical prototypes
Best Balance: o3
20% cheaper than GPT-4o with full capabilities:
- API-based apps
- Automated coding
- Production workflows
📈 Strategic Advice
Pro Tip: Combine models to slash costs:
- Use
gpt-4o-minifor initial request filtering - Route complex tasks to
o3 - Only use
oi-profor final validation
This can reduce costs by 40-60% versus using one model for everything.
