tokevenMiniMax M2
MiniMax M2 is MiniMax's balanced performance model, priced at $0.26/MTok input and $1.00/MTok output with a 200K context window. Prices from platform.minimax.io/docs/pricing/overview (read 2026-10-11). No cache discount published (set 1.0 — no discount). No batch discount published. Not yet benchmarked, so never recommended.
Input $/MTok
$0.26
Output $/MTok
$1.00
Context window
200K
Cache read discount
0% off
MiniMax M2 pricing breakdown
| Rate | Input $/MTok | Output $/MTok |
|---|---|---|
| Standard | $0.26 | $1.00 |
| Cached read (0% off input) | $0.26 | - |
| Cached write (no surcharge) | $0.26 | - |
| Batch (0% off) | $0.26 | $1.00 |
All rates in USD per million tokens. Prices verified against provider documentation.
MiniMax M2 task benchmarks
Confidence scores (0-100) and cross-provider rank for each task type. Rank 1 is best across all 88 models.
Not benchmarked. The third-party benchmark source used for confidence scores does not cover MiniMax models yet. Scores will appear here once independent benchmarks are published.
MiniMax M2 cost by use case
Estimated cost per API call using default token counts for each workload.
| Use case | Input tokens | Output tokens | Cost / call |
|---|---|---|---|
| Code Generation | 2,000 | 4,000 | $0.004520 |
| Unit Test Generation | 3,000 | 5,000 | $0.005780 |
| SQL Generation | 1,500 | 1,000 | $0.001390 |
| API Generation | 3,000 | 6,000 | $0.006780 |
| Code Refactoring | 4,000 | 4,000 | $0.005040 |
| Code Review | 5,000 | 2,000 | $0.003300 |
| PR Review | 8,000 | 3,000 | $0.005080 |
| Security Review | 6,000 | 2,500 | $0.004060 |
| Bug Detection | 5,000 | 2,000 | $0.003300 |
| Document Summarization | 10,000 | 1,000 | $0.003600 |
| PDF Summarization | 15,000 | 1,500 | $0.005400 |
| Meeting Notes | 8,000 | 2,000 | $0.004080 |
Monthly cost projections
Projected monthly spend at different call volumes, using code generation as a representative workload (2,000 input / 4,000 output tokens per call).
| Calls / month | Without caching | With caching (0% read discount) |
|---|---|---|
| 1K | $4.52 | $4.52 |
| 10K | $45.2 | $45.2 |
| 100K | $452 | $452 |
| 500K | $2,260 | $2,260 |
| 1M | $4,520 | $4,520 |
Caching estimate assumes 70% of input tokens are cache reads. Your actual cache hit rate will depend on prompt structure and reuse.
Mid-tier alternatives to MiniMax M2
Same-tier models from other providers, sorted by input price.
| Model | Provider | Input $/MTok | Output $/MTok | Input savings |
|---|---|---|---|---|
| DeepSeek V3 | DeepSeek | $0.27 | $1.10 | 4% more |
| DeepSeek R1 | DeepSeek | $0.55 | $2.19 | 112% more |
| Kimi K2 | Moonshot (Kimi) | $0.95 | $4.00 | 265% more |
| GPT 5 | GPT | $1.25 | $10.00 | 381% more |
| GPT 5.1 | GPT | $1.25 | $10.00 | 381% more |
| Gemini 2.5 Pro | Gemini | $1.25 | $10.00 | 381% more |
| Grok 4.3 | Grok | $1.25 | $2.50 | 381% more |
| Grok 4.20 Non-Reasoning | Grok | $1.25 | $2.50 | 381% more |
| Grok 4.20 Reasoning | Grok | $1.25 | $2.50 | 381% more |
| Grok 4.20 Multi-Agent | Grok | $1.25 | $2.50 | 381% more |
| GPT 5.2 | GPT | $1.75 | $14.00 | 573% more |
| Claude Sonnet 5 | Claude | $2.00 | $10.00 | 669% more |
| Claude Sonnet 5.5 | Claude | $2.00 | $10.00 | 669% more |
| GPT 5.6 Terra | GPT | $2.00 | $12.00 | 669% more |
| GPT 4.1 | GPT | $2.00 | $8.00 | 669% more |
| o3 | GPT | $2.00 | $8.00 | 669% more |
| Gemini 3.1 Pro | Gemini | $2.00 | $12.00 | 669% more |
| Gemini 3.1 Pro Custom Tools | Gemini | $2.00 | $12.00 | 669% more |
| GPT 5.4 | GPT | $2.50 | $15.00 | 862% more |
| GPT 4o | GPT | $2.50 | $10.00 | 862% more |
| Claude Sonnet 4.6 | Claude | $3.00 | $15.00 | 1054% more |
| Claude Sonnet 4.5 | Claude | $3.00 | $15.00 | 1054% more |
Other MiniMax models
Track your MiniMax M2 spend
See exactly how much you spend on MiniMax M2 and where you can save. Two-line wrapper install, no API keys shared.