For coding agents, GPT-5.4 costs 4.0x as much as GPT-5.4 Mini per request ($0.090 vs $0.023 on our measured traffic), because GPT-5.4 lists at $2.50 input, $0.25 cached input and $15 output per million tokens against $0.75, $0.075 and $4.50 for GPT-5.4 Mini, and GPT-5.4 charges more for prompts over 272K tokens.
Run current Claude, GPT, Gemini and open models in your agent
Or let the router send each step to the cheapest model that can do it, on providers we vet for price, uptime and speed. Plans from $19 a month.
| Cost at list price | GPT-5.4 Mini | GPT-5.4 |
|---|---|---|
| Prompt under 100K tokens50% of requests, 87% of input cached | $0.012 | $0.040 |
| Prompt of 100K to 272K39% of requests, 88% of input cached | $0.030 | $0.099 |
| Prompt over 272K tokens11% of requests, 86% of input cached | $0.056 | $0.37 |
| Average request | $0.023 | $0.090 |
| 100 requests | $2.27 | $9.03 |
| Median session16 requests; a session ends after 10 idle minutes | $0.30 | $1.02 |
| A month of regular usemedian of 20 users active on 5+ days | $34.90 | $146 |
Each logged request priced at the vendor’s list rates for its own token counts, including cache reads and any higher rate for long prompts. Average output: 698 tokens per request. Both models are priced on the requests up to 400K tokens that fit in both context windows; band shares above describe all requests.
| Artificial Analysis | GPT-5.4 Mini | GPT-5.4 |
|---|---|---|
| Intelligence Index10 evaluations, 0 to 100 | 24 | 39 (estimate) |
| Terminal-Bench 4.0agentic coding in a terminal | 2.0% | n/a |
| Output speedmedian | 233 tokens/s | 95 tokens/s |
| Time to first answer tokenincludes thinking time | 2.1 min | 3.3 min |
Source: Artificial Analysis (artificialanalysis.ai). Measured variants: GPT-5.4 mini (Xhigh), speed on OpenAI; GPT-5.4 (Xhigh), speed on OpenAI. Fetched October 13, 2026. Artificial Analysis runs Terminal-Bench 4.0 in its own setup, so its scores differ from the tbench.ai leaderboard.
GPT-5.4 Mini's 400K window cannot take 3% of coding-agent requests, so the comparison uses only requests both can take. The gap widens on long prompts: under 100K tokens GPT-5.4 costs 3.3x as much per request, over 272K 6.6x. GPT-5.4 scores clearly higher on the benchmarks above, so it may finish hard tasks in fewer steps.
Pick a winner in each dimension. You can change your vote any time.
Correctness and depth of what it produces
Tool calls, instruction-following, and multi-step tasks
Tokens per second and time-to-first-token
How much capability you get per dollar
Consistent results: fewer refusals, loops and format breaks
The agent matters as much as the model. Compare AI agents →
Current Claude, GPT, Gemini and open models run on Standard Compute