TokenTally

Claude Haiku 4.5 vs GPT-5.4 Mini: which API costs less?

Averaged across three realistic workloads, Claude Haiku 4.5 is about 34% cheaper than GPT-5.4 Mini. Below: raw rates and side-by-side monthly costs, computed from prices verified 2026-07-05 (we track what you are billed today, promos included).

Rates per 1M tokens

ModelInputOutputCached input
Claude Haiku 4.5Anthropic$1$5$0.100
GPT-5.4 MiniOpenAI$0.750$4.50

Monthly cost, side by side

WorkloadClaude Haiku 4.5GPT-5.4 MiniDifference

Customer-support chatbot

2M input + 0.5M output tokens/month, 60% of input served from prompt cache

$3.42$3.75Claude Haiku 4.59%

RAG / document Q&A

20M input + 1M output tokens/month, 70% cached (shared context)

$12.40$19.50Claude Haiku 4.536%

Agentic coding assistant

50M input + 5M output tokens/month, 80% cached (long sessions)

$39.00$60.00Claude Haiku 4.535%

Your traffic looks different? Run your own numbers in the calculator.

FAQ

Which is cheaper: Claude Haiku 4.5 or GPT-5.4 Mini?

Across three realistic workloads (chatbot, RAG, agent), Claude Haiku 4.5 works out about 34% cheaper than GPT-5.4 Mini on average. Raw rates: Claude Haiku 4.5 $1/$5 per 1M tokens vs GPT-5.4 Mini $0.750/$4.50. Verified 2026-07-05.

Does prompt caching change the comparison?

Yes — cached input costs $0.100 on Claude Haiku 4.5 and the full input rate on GPT-5.4 Mini (no cache discount listed). Our scenario numbers already include realistic cache hit rates.

Is cheaper always better?

No. Price is one axis — model capability, context window and latency differ. This page answers only the cost question; benchmark quality on your own tasks before switching.