MiniMax M2.5 vs MiniMax M3

Price, context window & benchmark comparison

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MiniMax M2.5

MiniMax
$0.27 / $1.08
Input / Output · per 1M tokens
VS
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MiniMax M3

MiniMax
$0.30 / $1.20
Input / Output · per 1M tokens
Compare different models
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Verdict: MiniMax M2.5 is 10% cheaper than MiniMax M3 on a typical 3:1 input/output mix. MiniMax M3 has the larger context window (1M vs 205K).
MiniMax M2.5MiniMax M3
Input price / 1M$0.27$0.30
Output price / 1M$1.08$1.20
Blended price (3:1)$0.47$0.52
Cached input / 1M$0.027$0.06
Context window205K1M
Max output128K512K
Intelligence index29.2
Coding index58.6
Providers813
Best provider uptime (30m)100.0%100.0%
Vision inputNoYes
ReasoningYesYes
Tool callingYesYes
Released2026-02-122026-05-31
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FAQ

Which is cheaper, MiniMax M2.5 or MiniMax M3?

MiniMax M2.5 is 10% cheaper than MiniMax M3 on a typical 3:1 input/output mix.

MiniMax M2.5 vs MiniMax M3: which has a bigger context window?

MiniMax M2.5: 204,800 tokens. MiniMax M3: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: MiniMax M2.5 ≈ $1,080, MiniMax M3 ≈ $1,200.

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