Side-by-side comparison of pricing, 12 benchmarks, and generation speed.
| Metric | MiniMax-M2.1 | GPT-5.4 nano (Non-Reasoning) |
|---|---|---|
| Input ($/M tokens) | $0.3 | $0.2 |
| Output ($/M tokens) | $1.2 | $1.25 |
Data from Artificial Analysis API — 12 benchmarks
GPT-5.4 nano (Non-Reasoning) is cheaper overall. Its blended price (3:1 input/output ratio) is $0.46/M tokens vs $0.53/M for MiniMax-M2.1.
MiniMax-M2.1 wins 11 out of 12 benchmarks compared to 0 for GPT-5.4 nano (Non-Reasoning). See the detailed benchmark chart above for per-category results.
GPT-5.4 nano (Non-Reasoning) generates tokens faster at 177 tok/s vs 50 tok/s. However, GPT-5.4 nano (Non-Reasoning) has lower time-to-first-token (0.47s vs 1.55s).
Choose based on your priorities: GPT-5.4 nano (Non-Reasoning) for lower cost, MiniMax-M2.1 for stronger benchmark performance, and GPT-5.4 nano (Non-Reasoning) for faster generation. For latency-sensitive apps, check the TTFT comparison above.