MiniMax M2.1 costs about $0.0065 per average coding-agent request on our measured traffic, at OpenRouter's listed prices of $0.30 per million input and $1.20 per million output tokens. It scores 21 on the Artificial Analysis Intelligence Index (an estimate), 40th of the 48 models we track. Source: Artificial Analysis (artificialanalysis.ai)
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| Cost at list price | MiniMax M2.1 |
|---|---|
| Prompt under 100K tokens50% of requests, 87% of input cached | $0.0045 |
| Prompt of 100K to 272K39% of requests, 88% of input cached | $0.0099 |
| Prompt over 272K tokens11% of requests, 86% of input cached | n/a |
| Average request | $0.0065 |
| 100 requests | $0.65 |
| Median session16 requests; a session ends after 10 idle minutes | $0.076 |
| A month of regular usemedian of 20 users active on 5+ days | $7.18 |
Each logged request priced at the listed rates above for its own token counts, including cache reads and any higher rate for long prompts. Average output: 698 tokens per request. 20% of requests were larger than MiniMax M2.1's 205K context window and are left out of its figures.
| Artificial Analysis | Value | Rank |
|---|---|---|
| Intelligence Index10 evaluations, 0 to 100 | 21 (estimate) | 40 of 48 |
| Output speedmedian | 67 tokens/s | 32 of 44 |
| Time to first answer tokenincludes thinking time | 31 s | 17 of 44 |
Source: Artificial Analysis (artificialanalysis.ai). Measured variant: MiniMax-M2.1, speed on MiniMax. Fetched October 13, 2026. Rank is among the models on this site, older versions included. Artificial Analysis runs Terminal-Bench 4.0 in its own setup, so its scores differ from the tbench.ai leaderboard.
Its 205K-token window is smaller than 20% of our coding-agent requests, which are left out of the figures above, so long agent sessions will hit the limit. The price is OpenRouter's listed rate on October 13, 2026, which can be a third-party host's; MiniMax's own API may charge differently.

MiniMax M2.1 is MiniMax's December 23, 2025 open-weight model for agent workloads, with a 204K context. It is the second-cheapest model on this hub per request in our measurements ($0.0065 at OpenRouter's listed price), but Artificial Analysis estimates 21 on its Intelligence Index and lists it as superseded, and its 204K context is smaller than 19.7% of the coding-agent requests we measured.
Sources: Artificial Analysis
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