TokenTally

DeepSeek V4 Pro vs GPT-5.4 Mini: which API costs less?

Averaged across three realistic workloads, GPT-5.4 Mini is about 9% cheaper than DeepSeek V4 Pro. Below: raw rates and side-by-side monthly costs, computed from prices verified 2026-10-17 (we track what you are billed today, promos included).

Rates per 1M tokens

ModelInputOutputCached input
DeepSeek V4 ProDeepSeek$1.32$3.96$0.044
GPT-5.4 MiniOpenAI$0.750$4.50$0.075

DeepSeek V4 Pro: Peak-hour price (01-04 and 06-10 UTC, Mon-Fri); off-peak costs half.

Monthly cost, side by side

WorkloadDeepSeek V4 ProGPT-5.4 MiniDifference

Customer-support chatbot

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

$3.09$2.94GPT-5.4 Mini −5%

RAG / document Q&A

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

$12.50$10.05GPT-5.4 Mini −20%

Agentic coding assistant

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

$34.76$33.00GPT-5.4 Mini −5%

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

FAQ

Which is cheaper: DeepSeek V4 Pro or GPT-5.4 Mini?

Across three realistic workloads (chatbot, RAG, agent), GPT-5.4 Mini works out about 9% cheaper than DeepSeek V4 Pro on average. Raw rates: DeepSeek V4 Pro $1.32/$3.96 per 1M tokens vs GPT-5.4 Mini $0.750/$4.50. Verified 2026-10-17.

Does prompt caching change the comparison?

Yes — cached input costs $0.044 on DeepSeek V4 Pro and $0.075 on GPT-5.4 Mini. 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.