MiniMax vs Claude API pricing
Checked against the official price pages on 2026-10-12
In short
At 100M input and 20M output tokens a month, the cheapest model from each is MiniMax-M3 (about ¥378 a month) and Claude Haiku 5.5 (about ¥135 a month). Claude's entry model is cheaper; MiniMax's costs about 2.8 times as much.
The most expensive from each is MiniMax-M2.7 (about ¥378 a month) and Claude Fable 5.1 (about ¥13,466 a month). Price says nothing about whether the models are equally capable; weigh it with benchmarks and context length.
For your own usage: API cost calculator
All models
Prices are per million tokens: ¥ is CNY, $ is USD; time-of-day pricing is written peak / off-peak. Monthly cost is in CNY and assumes 100M input and 20M output tokens a month, no cache hits and half of calls at peak hours where that applies, cheapest first. Models priced in USD are converted at 1 USD = 6.733 CNY (PBoC central parity, 2026-10-09).
| Model | Input | Cache hit | Output | Monthly (CNY) |
|---|---|---|---|---|
| AnthropicClaude Haiku 5.5 | $0.1 | $0.01 | $0.5 | 135 |
| MiniMaxMiniMax-M3 | ¥2.1 | ¥0.42 | ¥8.4 | 378 |
| MiniMaxMiniMax-M2.7 | ¥2.1 | ¥0.42 | ¥8.4 | 378 |
| AnthropicClaude Sonnet 5.5 | $2 | $0.1 | $10 | 2,693 |
| AnthropicClaude Opus 5.5 | $4 | $0.2 | $20 | 5,386 |
| AnthropicClaude Fable 5.1 | $10 | $0.25 | $50 | 13,466 |
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