Head-to-Head Model Comparison

o4-mini vs o3-mini

Benchmarks, API Token Pricing, Context Window & Speed Comparison

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AI CompareAI BenchmarkToken PricingModel CostModel SpecsSWE-bench CodingModel VersusWhich AI ModelLLM Speed & LatencyReasoning ModelsExtended ThinkingPrompt Caching ROI
o4-mini vs o3-mini: Benchmarks, Pricing & Speed Comparison

o4-mini by OpenAI and o3-mini by OpenAI represent two of the frontier AI models analyzed in our comprehensive 2026 AI benchmark and LLM comparison. In this head-to-head evaluation, we examine API token pricing, context window specifications, inference speed (tokens per second), and empirical reasoning performance. From a pure economic perspective, both models offer identical input token rates. On output generation, costs are matched. In data-heavy architectures requiring extensive repository or document analysis, both models provide an identical memory horizon with 200K tokens. In latency-sensitive production environments, o4-mini leads in tokens-per-second throughput, making it ideal for real-time conversational agents and high-concurrency workflows. Below is the complete empirical head-to-head breakdown across cost, speed, context, and capability matrices.

1:1 모델 맞대결 비교 (VS)

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OpenAI

o4-mini

심층 추론 모델

OpenAI의 o4-mini 모델은 200K 토큰 컨텍스트 윈도우와 입력 $1.1/1M 토큰, 출력 $4.4/1M 토큰의 합리적인 API 요금을 제공하며 코딩, 추론 및 엔터프라이즈 자동화에 최적화되어 있습니다.

Intelligence Index50 / 100
Input Token:

$1.10 / 1M

Output Token:

$4.40 / 1M

Context Window:

200K tokens

SWE-bench Verified:

57.5%

OpenAI

o3-mini

심층 추론 모델

OpenAI의 o3-mini 모델은 200K 토큰 컨텍스트 윈도우와 입력 $1.1/1M 토큰, 출력 $4.4/1M 토큰의 합리적인 API 요금을 제공하며 코딩, 추론 및 엔터프라이즈 자동화에 최적화되어 있습니다.

Intelligence Index51 / 100
Input Token:

$1.10 / 1M

Output Token:

$4.40 / 1M

Context Window:

200K tokens

SWE-bench Verified:

49%

한눈에 보는 핵심 차이점

  • o4-mini is 1.1x cheaper for API usage (input + output tokens combined).
  • o4-mini is faster at 105 tok/s vs 85 tok/s.
  • o4-mini leads on SWE-bench coding (57.5% vs 49.0%).
Need definitions for token pricing, context, or benchmarks?Explore AI Glossary →
Featureo4-minio3-mini
Intelligence Index
Composite reasoning & knowledge score (0-100)
5051
Provider
OpenAIOpenAI
Input Price
Cost per million input tokens
$1.10 / 1M$1.10 / 1M
Output Price
Cost per million output tokens
$4.40 / 1M$4.40 / 1M
Blended Price
Weighted 7:2:1 cache:input:output per 1M
$0.85 / 1M$1.05 / 1M
Context Window
Maximum input + output tokens
200K tokens~300 A4 pages of text200K tokens~300 A4 pages of text
Max Output Tokens
Per single request
100K100K
Throughput Speed
Tokens generated per second
105 tok/s85 tok/s
SWE-bench Verified
Real-world software engineering
57.5%49%
GPQA Diamond
Graduate-level reasoning
73%79.7%
Cached Input Price
Prompt caching discount per 1M tokens
$0.28 / 1M$0.55 / 1M

부문별 우위 모델

At-a-glance decision framework
Coding
o4-mini
+8.5% SWE-bench lead
Cost
o4-mini
1.1x cheaper monthly runtime
Speed
o4-mini
+24% faster generation
Context
Tied
200K tokens window

검증된 벤치마크 점수 비교

Official evaluation metrics verified by independent third-party research labs.

o4-minio3-mini
SWE-bench Verified (Autonomous Coding)

Industry benchmark evaluating real-world GitHub issue resolution and multi-file debugging.

57.5%vs49%
GPQA Diamond (Doctorate-Level Science & Math)

Challenging questions created by domain experts to test complex PhD-level reasoning.

73%vs79.7%
MMLU-Pro (Multi-task Language Understanding)

Hardened reasoning and academic knowledge benchmark with reduced lucky-guess probability.

83%vs82.4%
LMSYS Chatbot Arena Elo

Crowdsourced human preference evaluation based on blind, head-to-head model battles.

1325ptsvs1310pts
Humanity's Last Exam (Frontier Expert Knowledge)

Extremely difficult, closed-ended questions spanning the frontier of human expert knowledge.

11.2%vs12.8%
Terminal-Bench (Agentic Coding & Terminal Use)

Autonomous multi-step tasks executed inside a real command-line terminal environment.

36%vs32.3%
SciCode (Scientific Computing)

Research-grade coding problems drawn from real scientific and numerical workloads.

38.5%vs29.4%
LiveCodeBench (Competitive Coding)

Contamination-free competitive programming problems collected continuously over time.

65%vs51.6%
AIME (Advanced Math Competition)

American Invitational Mathematics Examination — multi-step Olympiad-level reasoning.

89.5%vs91.7%
Long-Context Reasoning

Accuracy when reasoning over very large inputs that fill the model context window.

74.5%vs74.2%
Generation Speed (Throughput)

Tokens emitted per second during active generation streaming.

105 tok/s vs85 tok/s

지연 시간(Latency) 및 응답 속도

Time to first token (TTFT) and estimated end-to-end response time for a typical 500-token response.

Time to First Token (TTFT)Lower is better
o4-mini1.80s
o3-mini1.40s
Est. End-to-End Response (500 tokens)TTFT + generation time
o4-mini6.56s
o3-mini7.28s

실시간 API 토큰 비용 시뮬레이터

Adjust sliders to calculate projected monthly cloud API spending with prompt caching discounts.

100K / day
10K500K1M
30K / day
5K150K300K
50% cached
0% (Cold)50%90% (Warm)
o4-mini Monthly API Bill
$6.02 / month
$1.1/1M in · $4.4/1M out
o3-mini Monthly API Bill
$6.44 / month
$1.1/1M in · $4.4/1M out
o4-mini saves approximately $0.41 / month (6%) under this workload.1.1x Savings

o4-mini · Strengths & Key Advantages

  • OpenAI의 첨단 Compact reasoning transformer 아키텍처와 최대 200K 토큰 컨텍스트 지원
  • 경쟁력 있는 API 가격(입력 $1.1/1M, 출력 $4.4/1M)과 빠른 응답 속도
  • 코드 생성, 복잡한 논리 추론 및 다국어 벤치마크에서 검증된 성능 발휘
Considerations & Trade-offs
  • 대규모 장문 컨텍스트 처리 시 토큰 비용 및 호출 한도 관리가 필요함
  • 특수 도메인 작업에서는 정교한 프롬프트 엔지니어링과 RAG 연동이 권장됨

o3-mini · Strengths & Key Advantages

  • OpenAI의 첨단 Chain-of-Thought Reasoning Dense 아키텍처와 최대 200K 토큰 컨텍스트 지원
  • 경쟁력 있는 API 가격(입력 $1.1/1M, 출력 $4.4/1M)과 빠른 응답 속도
  • 코드 생성, 복잡한 논리 추론 및 다국어 벤치마크에서 검증된 성능 발휘
Considerations & Trade-offs
  • 대규모 장문 컨텍스트 처리 시 토큰 비용 및 호출 한도 관리가 필요함
  • 특수 도메인 작업에서는 정교한 프롬프트 엔지니어링과 RAG 연동이 권장됨

Token Use & Task Economics

Estimated cost and token consumption to complete one representative agentic task.

Metrico4-minio3-mini
Cost per Task
Estimated USD to finish one task
$0.72$1.30
Output Tokens / Task
Tokens generated per task
45K45K
Reasoning Tokens / Task
Thinking tokens burned per task
25K25K

기술 사양 (Specifications)

Architecture, release timeline, capabilities, and modalities.

Featureo4-minio3-mini
Official API Model ID (SDK)o4-minio3-mini
API ProtocolOpenAI Responses API & Chat Completions v1OpenAI Responses API & Chat Completions v1
Release Date2025-042025-01
Knowledge CutoffJune 2024October 2023
ArchitectureCompact reasoning transformerChain-of-Thought Reasoning Dense
ParametersConfidentialConfidential
Enterprise Rate Limits (RPM / TPM)10,000 – 30,000 RPM (Tier 5 Enterprise) · 800,000 – 2,000,000 TPM10,000 – 30,000 RPM (Tier 5 Enterprise) · 800,000 – 2,000,000 TPM
Long-Context Tier (>128K/200K)Flat rate ($1.1/1M in) across full 200K windowFlat rate ($1.1/1M in) across full 200K window
Prompt Cache Policy & TTLAutomatic prefix caching at $0.275/1M (no extra cache-write fee)Automatic prefix caching at $0.55/1M (no extra cache-write fee)
Computer Use / GUI AgentSupported (Screen coordinate grounding, browser & desktop GUI action loops)API / CLI Tool-Use & DOM Agent ready (no raw pixel desktop click loop)
MCP & Parallel Tool CallingNative MCP Client/Server ready · Parallel function calling · 100% Strict JSON SchemaNative MCP Client/Server ready · Parallel function calling · 100% Strict JSON Schema
Web Search Grounding & SandboxNative Web Search tool + Hosted Code Interpreter & File Search RAGNative Web Search tool + Hosted Code Interpreter & File Search RAG
Official Fine-Tuning SupportSupervised Fine-Tuning (SFT), Direct Preference (DPO) & Reinforcement Fine-Tuning (RFT)Supervised Fine-Tuning (SFT), Direct Preference (DPO) & Reinforcement Fine-Tuning (RFT)
Multimodal Token BillingText BPE (~4 chars/token) · Vision (~258–765 tokens per image tile)Text BPE (~4 chars/token)
Quantization & Min GPU VRAMCloud-Hosted Proprietary (FP8 / BF16 Tensor Core Cluster) · Zero Local VRAM Required (100% Serverless Cloud API)Cloud-Hosted Proprietary (FP8 / BF16 Tensor Core Cluster) · Zero Local VRAM Required (100% Serverless Cloud API)
Safety & Frontier ClassificationOpenAI Preparedness Framework Audited & System Card PublishedOpenAI Preparedness Framework Audited & System Card Published
Enterprise Compliance (ZDR/HIPAA/SOC2)SOC2 Type II · GDPR · Zero Data Retention (ZDR) & HIPAA BAA Available on Enterprise TierSOC2 Type II · GDPR · Zero Data Retention (ZDR) & HIPAA BAA Available on Enterprise Tier
Input Modalitiestext, visiontext
Output Modalitiestexttext

o4-mini vs o3-mini: 핵심 요약 문답 (FAQ)

Which is more intelligent, o4-mini or o3-mini?

o3-mini is more intelligent. It scores 51 compared with 50 on the composite Intelligence Index.

Which model is faster?

o4-mini is faster, generating 105 tokens per second compared with 85 tokens per second.

Which model is cheaper to run?

o4-mini is cheaper at $0.85 per 1M tokens blended, compared with $1.05 (7:2:1 cache:input:output ratio).

Which model has lower latency?

o3-mini has lower latency, with a time to first token of 1.40s compared with 1.80s.

종합 평가

Verdict & Model Selection Recommendation: Choose o4-mini if your priority is Budget reasoning inside agent pipelines and coding assistants. Its performance in demanding tasks justifies its operational token cost. Choose o3-mini if your workflow prioritizes Competitive coding, mathematical research, algorithmic optimization, and backend logic. For large-scale batch processing or customer-facing conversational interfaces, its balance of speed and economics delivers superior ROI.

자주 묻는 질문 (FAQ)

How does o4-mini compare to o3-mini in API token pricing and cost per token?+

Both o4-mini and o3-mini share matched API token pricing at $1.10 per 1M input tokens and $4.40 per 1M output tokens. Because their token economics are identical, your selection should be guided by benchmark latency, memory horizon, and reasoning capabilities rather than operational token fees. Both models support prompt caching discounts of up to 90% for repeated prompt prefixes.

Which model has a larger context window: o4-mini or o3-mini?+

Both o4-mini and o3-mini offer an identical context window of 200K tokens (~150k words). Both architectures provide equal capacity for large document ingestion, multi-file codebases, and extended multi-turn conversation histories.

Which AI model is better for software engineering and coding: o4-mini or o3-mini?+

o4-mini scores 57.5% on SWE-bench Verified while o3-mini scores 49%. For autonomous software engineering and multi-file debugging, o4-mini holds the verified benchmark lead.

What is the difference in reasoning capability and extended thinking between o4-mini and o3-mini?+

o4-mini features native chain-of-thought extended thinking mode with configurable reasoning effort. In contrast, o3-mini provides chain-of-thought reasoning depth for complex math and science.

How does inference speed (tokens per second) compare between o4-mini and o3-mini?+

o4-mini generates approximately 105 tokens per second, while o3-mini delivers 85 tokens per second. In latency-sensitive production environments, o4-mini provides faster time-to-first-token (TTFT) and higher streaming response velocity.

Can you implement a tiered LLM routing setup combining o4-mini and o3-mini to optimize costs?+

Yes! Tiered multi-model routing can optimize for latency and accuracy: you can route high-frequency conversational turns and latency-sensitive queries to o4-mini, and route deep architectural or complex reasoning queries to o4-mini. This balanced routing strategy maximizes system throughput and answer quality.

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Benchmark scores, token prices, and rate limits evolve rapidly as AI labs release model updates. Always verify current specifications and pricing on the official provider documentation.

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