GPT-5.4 Mini vs GPT-5.4 Nano: which API costs less?
Averaged across three realistic workloads, GPT-5.4 Nano is about 73% cheaper than GPT-5.4 Mini. 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
| Model | Input | Output | Cached input |
|---|---|---|---|
| GPT-5.4 MiniOpenAI | $0.750 | $4.50 | $0.075 |
| GPT-5.4 NanoOpenAI | $0.200 | $1.25 | $0.020 |
Monthly cost, side by side
| Workload | GPT-5.4 Mini | GPT-5.4 Nano | Difference |
|---|---|---|---|
Customer-support chatbot 2M input + 0.5M output tokens/month, 60% of input served from prompt cache | $2.94 | $0.809 | GPT-5.4 Nano −72% |
RAG / document Q&A 20M input + 1M output tokens/month, 70% cached (shared context) | $10.05 | $2.73 | GPT-5.4 Nano −73% |
Agentic coding assistant 50M input + 5M output tokens/month, 80% cached (long sessions) | $33.00 | $9.05 | GPT-5.4 Nano −73% |
Your traffic looks different? Run your own numbers in the calculator.
FAQ
Which is cheaper: GPT-5.4 Mini or GPT-5.4 Nano?
Across three realistic workloads (chatbot, RAG, agent), GPT-5.4 Nano works out about 73% cheaper than GPT-5.4 Mini on average. Raw rates: GPT-5.4 Mini $0.750/$4.50 per 1M tokens vs GPT-5.4 Nano $0.200/$1.25. Verified 2026-10-17.
Does prompt caching change the comparison?
Yes — cached input costs $0.075 on GPT-5.4 Mini and $0.020 on GPT-5.4 Nano. 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.