MiniMax-M2 vs MiniMax-M2.1
Prices checked
MiniMax-M2 takes 1 of 5 rounds against MiniMax-M2.1. It is also the cheaper of the two to run, at $0.40 per million tokens against $0.48.
MiniMaxWins 1 roundMiniMax-M2
205k context · tool calling · open weights
$0.40/M tokensCheapest price, at LLM Gateway · $0.18 per 1,000 pages
MiniMaxMiniMax-M2.1
205k context · tool calling · open weights
$0.48/M tokensCheapest price, at LLM Gateway · $0.23 per 1,000 pages
Maker's price in (lower wins)
$0.30/M
$0.30/M
Maker's price out (lower wins)
$1.20/M
$1.20/M
Cheapest price (lower wins)
$0.40/M at LLM Gateway
$0.48/M at LLM Gateway
Maker's price, blended (lower wins)
$0.52/M
$0.52/M
Cost per 1,000 pages (lower wins)
$0.18
$0.23
Context
205k tokens
205k tokens
Open weights
yes
yes
Tool calling
yes
yes
Structured output
not published
not published
Reads images
no
no
Reasoning
yes
yes
Released
27 Oct 2025
23 Dec 2025
Providers selling it
21
25
Price we measure against
the maker's own
the maker's own
Trains on your prompts (no is better)
not published
not published
Providers selling both · 18
LLM Gateway$0.40 / $0.48
Kilo Gateway$0.45 / $0.53- MiniMax$0.45 / $0.53
Nous Portal$0.45 / $0.53
OpenRouter$0.45 / $0.53
NanoGPT$0.51 / $0.53
Eden AI$0.53 / $0.53
Hugging Face Inference Providers$0.53 / $0.53
MiniMax-M2, then MiniMax-M2.1, per million tokens; the 8 cheapest of 18.
Go further
Add a third or fourth model, or change the weighting, in the tool.
What moved this week
- Kilo Gateway · 15% cheaper · $0.26 / $1.02 $0.30 / $1.20
- NanoGPT · 9% cheaper · $0.30 / $1.20 $0.33 / $1.32
Frequently asked
- Which is cheaper, MiniMax-M2 or MiniMax-M2.1?
- MiniMax-M2, at $0.40 per million tokens against $0.48 for MiniMax-M2.1, blended 3 in : 1 out, read on 31 Oct 2026.
- Where is each one cheapest?
- MiniMax-M2: $0.40 at LLM Gateway. MiniMax-M2.1: $0.48 at LLM Gateway.
- Can I buy both from one provider?
- Yes. 18 providers sell both: LLM Gateway, Kilo Gateway, MiniMax, Nous Portal, OpenRouter, NanoGPT, and more. The cheapest of them for the two together is LLM Gateway.
- Which holds more context?
- Both hold 205k tokens in one call.
Prices exclude tax, read 31 Oct 2026 from each provider's own catalog. They are per M tokens, blended 3 in : 1 out, and a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.
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