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MiniMax-M3 Cost Calculator - Wafer

Calculate the cost of using MiniMax-M3 from Wafer for your AI applications

Pricing data last updated:

MiniMax-M3 Cost Calculator

Mode: Chat

Cost Breakdown

Input Cost$0.00033000
Output Cost$0.001320
Total Cost$0.001650

Pricing Details

Input: $0.0000003300 per token
Output: $0.00000132 per token
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Model Specifications

Capabilities

✓Function Calling
✓Vision
✓Reasoning

Limits

Max Tokens1,048,576

About MiniMax-M3

MiniMax-M3 is a chat model from Wafer, one of 14 chat models they offer. It is priced at $0.33 per 1M input tokens and $1.32 per 1M output tokens, ranking 1518 out of 3781 chat models by cost and cheaper than 60% of models in this category. MiniMax-M3 supports vision, function calling, reasoning, prompt caching, structured output.

Pricing Information

Input Cost$0.33 per 1M tokens
Output Cost$1.32 per 1M tokens

Note: Use the interactive calculator above to estimate costs for your specific usage patterns.

Model Capabilities

✓Function Calling - Execute custom functions and tools
✓Vision - Process and understand images
✓Advanced Reasoning - Complex problem-solving capabilities
✓Prompt Caching - Optimize repeated prompts
✓System Messages - Configure model behavior
✓Response Schema - Structured output formatting

How MiniMax-M3 Pricing Compares

At $0.33 per 1M input tokens and $1.32 per 1M output tokens, MiniMax-M3 ranks 1518 out of 3781 chat models by input cost. It is more affordable compared to the median of $0.60 for chat models, and is cheaper than 60% of models in this category.

MiniMax-M3 is one of 14 Wafer chat models, with support for vision, function calling, reasoning, prompt caching, structured output.

ModelProviderInput / 1M tokensOutput / 1M tokensvs MiniMax-M3
amazon.nova-2-lite-v1:0AWS Bedrock$0.30$2.50-9%
apac.amazon.nova-2-lite-v1:0AWS Bedrock$0.40$3.31+20%
us.amazon.nova-2-lite-v1:0AWS Bedrock$0.33$2.750%

Alternatives to MiniMax-M3

Similar chat models from other providers

AWS Bedrock
amazon.nova-2-lite-v1:0
$0.30/1M input
-9% vs MiniMax-M3
AWS Bedrock
apac.amazon.nova-2-lite-v1:0
$0.40/1M input
+20% vs MiniMax-M3
AWS Bedrock
us.amazon.nova-2-lite-v1:0
$0.33/1M input
0% vs MiniMax-M3
Databricks
databricks-gemini-3-5-flash-lite
$0.37/1M input
+14% vs MiniMax-M3

Frequently Asked Questions

Is MiniMax-M3 cheaper than amazon.nova-2-lite-v1:0?

No. MiniMax-M3 costs $0.33 per 1M input tokens while amazon.nova-2-lite-v1:0 costs $0.30 per 1M input tokens, making amazon.nova-2-lite-v1:0 9% more affordable for input. However, MiniMax-M3 may offer different capabilities or performance characteristics that justify the price difference.

How does MiniMax-M3 pricing compare to the average chat model?

MiniMax-M3 input pricing is $0.33 per 1M tokens, which is 45% below the median of $0.60 for chat models. It ranks 1518 out of 3781 chat models by input cost, making it cheaper than 60% of models in this category. For output, it costs $1.32 per 1M tokens compared to the median of $1.75.

What makes MiniMax-M3 different from other Wafer models?

Among Wafer's 14 chat models, MiniMax-M3 ranks 5 by input cost.

What are the best alternatives to MiniMax-M3?

The most comparable chat models to MiniMax-M3 are: amazon.nova-2-lite-v1:0 from AWS Bedrock ($0.30/1M input tokens); apac.amazon.nova-2-lite-v1:0 from AWS Bedrock ($0.40/1M input tokens); us.amazon.nova-2-lite-v1:0 from AWS Bedrock ($0.33/1M input tokens); gpt-5-mini-2025-08-07 from Azure ($0.28/1M input tokens). These alternatives were selected based on similar capabilities, pricing, and provider diversity. You can compare any of these models in detail using the Bifrost Model Library.

How do I calculate MiniMax-M3 costs?

MiniMax-M3 is priced based on input and output tokens. Use the interactive calculator at the top of this page to estimate costs for your specific workload. Enter your expected input and output tokens volume and the calculator will show the total cost breakdown. For reference, processing 1M input tokens costs $0.33 and generating 1M output tokens costs $1.32.