MiniMax-M2 pricing (retired)
Retired model. MiniMax has superseded MiniMax-M2 — the prices below are the last ones we verified and are kept for reference. We don't track a direct replacement yet — see the MiniMax provider page for what is current.
What one task cost on MiniMax-M2
Per-million-token prices are hard to feel, so here are typical token counts for common jobs priced with MiniMax-M2. Figures are USD at the rates above and exclude prompt caching and batch discounts.
| Task | Tokens (in / out) | Cost |
|---|---|---|
| Code review of a 500-line pull request | 60,000 / 4,000 | $0.019 |
| Debug one failing test | 40,000 / 6,000 | $0.016 |
| Generate a landing page in one shot | 3,000 / 30,000 | $0.031 |
| Draft a 1,200-word article | 2,000 / 2,500 | $0.0031 |
| Answer a question from a 20-page document | 25,000 / 800 | $0.0072 |
| Multi-step agent run (10 tool calls) | 250,000 / 25,000 | $0.089 |
| All of the above, once | $0.167 |
MiniMax-M2 by MiniMax costs $0.26 per 1M input tokens and $1.02 per 1M output tokens — about 1.2M tokens per $1. Prices last verified 2026-09-19 (historical).
MiniMax-M2 key facts
| Provider | MiniMax pricing |
|---|---|
| Input price | $0.26 / 1M tokens |
| Output price | $1.02 / 1M tokens |
| Tokens / $1 | 1.2M |
| Intelligence / $1 | 229,261 |
| Context window | 204.8k tokens |
| Tier | balanced |
| Intelligence index | 19 / 100 |
| Released | 2025-10-26 |
| Last verified | 2026-09-19 |
What MiniMax-M2 delivers for your budget
For a coding workload, here is roughly what each monthly budget buys:
| Budget | Tokens / month | Months of workload |
|---|---|---|
| $20 | 46.3M | 71.3x |
| $50 | 115.9M | 178.3x |
| $100 | 231.7M | 356.5x |
How MiniMax-M2 compares to its closest rivals
Rather than repeating the full catalog on every page, here are the three current models nearest to MiniMax-M2 on the intelligence index — and why you might still pick one instead:
- Muse Glimmer (high) (Llama) — $0.33 input / $1.35 output per 1M tokens.
- Claude Haiku 4.5 (Claude) — $1 input / $5 output per 1M tokens. Why you might pick it: Fast, cheap Claude for light tasks.
- Mistral Medium 3.5 (Mistral) — $1.50 input / $7.50 output per 1M tokens. Why you might pick it: Mistral's open frontier tier.
MiniMax-M2 — frequently asked questions
How much does MiniMax-M2 cost?
MiniMax-M2 by MiniMax costs $0.26 per 1M input tokens and $1.02 per 1M output tokens.
How many tokens per dollar does MiniMax-M2 give you?
On a typical 1:3 input-to-output mix, MiniMax-M2 delivers around 1.2M tokens per dollar — an intelligence-per-dollar score of 229261.
What is MiniMax-M2's context window?
MiniMax-M2 supports a context window of 204.8k tokens.
Is MiniMax-M2 worth it in 2026?
MiniMax-M2 is MiniMax's balanced tier model. Use the AI Intelligence Calculator to see how its value compares to every other model at your budget.