GPT-5 mini vs Claude Haiku 4.5 — Budget AI Pricing

GPT-5 mini is 75% cheaper on input and 60% cheaper on output than Claude Haiku 4.5. Compare the cheapest OpenAI and Anthropic models side by side.

Pricing data verified: May 29, 2026

Cheapest Input
GPT-5 mini
$0.25 vs $1.00 per 1M tokens
Best Context
GPT-5 mini
272K vs 200K tokens
Best Value
GPT-5 mini
75% cheaper input, 60% cheaper output

All Budget Models Compared

The cheapest AI models from major providers, ranked by input price.

Model Provider Tier Input (per 1M) Output (per 1M) Context
Gemini 2.0 Flash Lite Google Budget $0.075 $0.30 1M
GPT-oss 20B OpenAI Budget $0.08 $0.35 128K
Gemini 2.0 Flash Google Budget $0.10 $0.40 1M
DeepSeek V4 Flash DeepSeek Budget $0.14 $0.28 1M
GPT-oss 120B OpenAI Budget $0.15 $0.60 128K
GPT-4o mini OpenAI Budget $0.15 $0.60 128K
GPT-5 mini OpenAI Budget $0.25 $2.00 272K
Claude Haiku 4.5 Anthropic Budget $1.00 $5.00 200K

Calculate Your Exact Costs

Pick your models, enter your usage, see how much you'd save with GPT-5 mini.

vs
OpenAI
GPT-5 mini
$0.00
per month
Input cost $0.00
Output cost $0.00
Per request $0.00
Anthropic
Claude Haiku 4.5
$0.00
per month
Input cost $0.00
Output cost $0.00
Per request $0.00
Enter your usage above to see savings.

Which Should You Choose?

Chatbot / Customer Support

High volume, short responses. Cost per message matters most. Budget models handle most customer queries well.

Pick GPT-5 mini: At $0.25/$2.00 it's 75% cheaper on input than Haiku. At 1M requests/month: $22.50 vs $60.

Code Generation

Complex reasoning, longer outputs. Quality and accuracy matter. Both handle most coding tasks well.

Pick GPT-5 mini: 75% cheaper input at $0.25 vs $1.00. For most code completion and generation tasks, the savings are significant without quality loss.

Long Document Analysis

Processing large documents, legal contracts, or codebases. Context window is critical.

Pick GPT-5 mini: 272K context (36% more than Haiku's 200K) at 75% lower input cost. More context per dollar.

High-Volume Data Processing

Classification, extraction, summarization at scale. Budget is tight, volume is high.

Pick GPT-5 mini: At $0.25/M input, it's 75% cheaper than Haiku. At 10M tokens/month: $22.50 vs $60 — saving $37.50/month.

Enterprise / Safety-Critical

Regulated industries, strict compliance, Anthropic's safety guarantees required.

Pick Claude Haiku: Anthropic's safety-first approach and enterprise compliance. The price premium is justified for regulated workloads.

Startup MVP / Side Project

Minimize costs while building. Need reliable API at the lowest price point.

Pick GPT-5 mini: At $0.25/M input, you can iterate cheaply. 4x cheaper than Haiku for getting your MVP off the ground.

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Frequently Asked Questions

Is GPT-5 mini cheaper than Claude Haiku 4.5?

Yes, GPT-5 mini is significantly cheaper than Claude Haiku 4.5. GPT-5 mini costs $0.25/$2.00 per 1M tokens while Claude Haiku 4.5 costs $1.00/$5.00. That's 75% cheaper on input and 60% cheaper on output. At 10M tokens/month, GPT-5 mini costs $22.50 vs Claude Haiku's $60 — saving $37.50/month.

Which is better for chatbots: GPT-5 mini or Claude Haiku 4.5?

For most chatbot use cases, GPT-5 mini offers better value. It's 75% cheaper on input tokens and handles short conversational responses well. Claude Haiku 4.5 may have an edge on complex instruction following and nuanced reasoning. For high-volume customer support where cost per message matters most, GPT-5 mini is the clear winner.

What is the context window difference between GPT-5 mini and Claude Haiku 4.5?

GPT-5 mini has a 272K token context window, while Claude Haiku 4.5 has a 200K token context window. GPT-5 mini supports 36% more context, which matters for long document analysis and large codebases. Combined with its lower price, GPT-5 mini offers more context per dollar.

GPT-5 mini vs Claude Haiku 4.5 for code generation?

Both models handle code generation well for their price tier. GPT-5 mini at $0.25/$2.00 is 75% cheaper on input than Claude Haiku at $1/$5. For most coding tasks — code completion, refactoring, simple generation — GPT-5 mini provides excellent value. Claude Haiku may have a slight edge on complex reasoning tasks, but the 4x cost difference makes GPT-5 mini the practical choice for most developers.

What is the cheapest AI API model overall?

The cheapest model depends on your needs. For absolute lowest cost: Gemini 2.0 Flash Lite at $0.075/$0.30 per 1M tokens. For best value from major providers: GPT-5 mini at $0.25/$2.00 offers strong performance at low cost. DeepSeek V4 Flash at $0.14/$0.28 is another ultra-budget option. Use APIpulse's cost calculator to compare all 34 models for your specific usage pattern.

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