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gpt-5-mini vs chat-latest

openai · openai · prices in USD per 1M tokens

gpt-5-miniopenai chat-latestopenai
Input price$0.25 / 1M$5 / 1M
Output price$2 / 1M$30 / 1M
Context window400K tokens—
Lifecycleactiveactive
Deprecation deadline——

On input tokens, gpt-5-mini is 95% cheaper than chat-latest.

01 Recent changes: gpt-5-mini

No changes recorded.

02 Recent changes: chat-latest

No changes recorded.