Kimi K2 Thinking vs MiniMax M3.1 Flash

Price, context window & benchmark comparison

Moonshot AI

Kimi K2 Thinking

Moonshot AI
$0.60 / $2.50
Input / Output · per 1M tokens
VS
MiniMax

MiniMax M3.1 Flash

MiniMax
$0.15 / $0.60
Input / Output · per 1M tokens
Compare different models
Moonshot AI
MiniMax
Verdict: MiniMax M3.1 Flash is 4.1× cheaper than Kimi K2 Thinking on a typical 3:1 input/output mix. MiniMax M3.1 Flash has the larger context window (1M vs 262K).
Kimi K2 ThinkingMiniMax M3.1 Flash
Input price / 1M$0.60$0.15
Output price / 1M$2.50$0.60
Blended price (3:1)$1.07$0.26
Cached input / 1M$0.15$0.015
Context window262K1M
Max output98K524K
Intelligence index—29.1
Coding index21—
Providers—11
Best provider uptime (30m)—100.0%
Vision inputNoYes
ReasoningYesYes
Tool callingYesYes
Released2025-11-062026-10-19
Retirement——

Cost calculator

FAQ

Which is cheaper, Kimi K2 Thinking or MiniMax M3.1 Flash?

MiniMax M3.1 Flash is 4.1× cheaper than Kimi K2 Thinking on a typical 3:1 input/output mix.

Kimi K2 Thinking vs MiniMax M3.1 Flash: which has a bigger context window?

Kimi K2 Thinking: 262,144 tokens. MiniMax M3.1 Flash: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: Kimi K2 Thinking ≈ $2,450, MiniMax M3.1 Flash ≈ $600.00.

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