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Claude Haiku 3.5 vs o4-mini: API Cost Comparison

Compare the API pricing, context windows, features, and real-world cost projections for Claude Haiku 3.5 (Anthropic) and o4-mini (OpenAI). Use the interactive calculator below to compute your exact monthly cost based on your token usage and request volume.

Prices verified Mar 8, 2026

Interactive Cost Calculator

AnthropicClaude Haiku 3.5OpenAIo4-mini

Fills in typical token counts for a workload type

Tokens in each prompt sent to the model

Tokens generated in each response

Total API calls per month

Showing costs for 2 models. Cheapest: Claude Haiku 3.5 at $28.00/month.

Cheapest: Claude Haiku 3.5 at $28.00/mo — save 15.2% vs o4-mini
Alert
BestClaude Haiku 3.5
Anthropic$28.00$0.002800$8.00$20.0015.2%Alerts coming soon
o4-mini
OpenAI$33.00$0.003300$11.00$22.00Alerts coming soon

Monthly Cost Comparison

Price Comparison at a Glance

All prices are in USD per 1 million tokens ($/M tokens). Lower is cheaper.

Pricing TypeClaude Haiku 3.5o4-miniCheaper
Input (standard)$0.80/M$1.10/MClaude Haiku 3.5
Output$4.00/M$4.40/MClaude Haiku 3.5
Cached input$0.08/M$0.28/MClaude Haiku 3.5
Batch input$0.40/M$0.55/MClaude Haiku 3.5
Batch output$2.00/M$2.20/MClaude Haiku 3.5

Prices last verified: 2026-03-08

Cost Breakdown by Usage Volume

Estimated monthly costs at different request volumes, assuming 1,000 input tokens and 500 output tokens per request. Adjust in the calculator above for your specific use case.

VolumeClaude Haiku 3.5Monthlyo4-miniMonthlyClaude Haiku 3.5Per requesto4-miniPer request
1K requests/mo$2.80$3.30$0.002800$0.003300
10K requests/mo$28.00$33.00$0.002800$0.003300
100K requests/mo$280.00$330.00$0.002800$0.003300
1M requests/mo$2,800.00$3,300.00$0.002800$0.003300

Green values indicate the lower-cost option at each volume tier. Cost per request is calculated at 1,000 input + 500 output tokens using standard (non-batch, non-cached) pricing.

Price History

Input price per 1M tokens

When to Choose Claude Haiku 3.5

by Anthropic

  • Customer support
  • Text classification
  • Data extraction

Input / 1M tokens

$0.80/M

Output / 1M tokens

$4.00/M

Context window

200,000

Tier

budget

When to Choose o4-mini

by OpenAI

  • Code generation
  • Data extraction

Input / 1M tokens

$1.10/M

Output / 1M tokens

$4.40/M

Context window

200,000

Tier

reasoning

Key Differences Beyond Price

Cost is only one factor in choosing an AI model. Context window size, rate limits, supported features, and latency all affect whether a model fits your use case.

CapabilityClaude Haiku 3.5o4-mini
Context window200,000 tokens200,000 tokens
Max output tokens8,192 tokens100,000 tokens
Performance tierBudgetReasoning
Vision / image inputYesYes
Function callingYesYes
JSON modeYesYes
Prompt cachingYesYes
Batch API (50% discount)YesYes
Extended reasoningNoYes
Fine-tuningNoNo
Rate limit (req/min)4,0001,000

Claude Haiku 3.5 notes

Best Anthropic model for cost-sensitive applications. Significantly faster than Sonnet.

o4-mini notes

Configurable reasoning effort. Best budget reasoning model from OpenAI.

Frequently Asked Questions

Is Claude Haiku 3.5 cheaper than o4-mini?

At standard usage (1,000 input tokens, 500 output tokens, 100,000 requests/month), Claude Haiku 3.5 costs $280.00/month versus $330.00/month for o4-mini — a 15% saving. Your actual savings will vary based on your token profile; output-heavy workloads amplify differences in output pricing.

Which model has a larger context window, Claude Haiku 3.5 or o4-mini?

Both Claude Haiku 3.5 and o4-mini have the same context window: 200,000 tokens.

Do Claude Haiku 3.5 and o4-mini support the Batch API?

Yes — both Claude Haiku 3.5 and o4-mini support batch API processing, which offers a 50% discount on input and output costs in exchange for up to 24-hour turnaround. Ideal for offline workloads like bulk document processing or nightly classification pipelines.

Which model offers better prompt caching?

Both Claude Haiku 3.5 and o4-mini support prompt caching. Claude Haiku 3.5 caches repeated input at $0.08/M (vs $0.80/M standard), while o4-mini caches at $0.28/M (vs $1.10/M standard). For workloads with large, repeated system prompts or document context, caching can reduce effective input costs by 60–90%.

What are the best use cases for Claude Haiku 3.5 vs o4-mini?

Both models are well-suited for Data extraction. Claude Haiku 3.5 is particularly strong for Customer support, Text classification. o4-mini is favored for Code generation. At the same quality level, the lower-cost model is usually preferable; use this page's calculator to compare total monthly spend at your volume.

What is the cost per request for Claude Haiku 3.5 vs o4-mini?

At 1,000 input tokens and 500 output tokens per request — a typical conversational workload — Claude Haiku 3.5 costs $0.002800 per request and o4-mini costs $0.003300 per request. At 100,000 requests/month, that translates to $280.00 and $330.00 respectively. Use the interactive calculator to adjust these parameters for your actual workload.

Claude Haiku 3.5 vs o4-mini: Summary

When comparing Claude Haiku 3.5 and o4-mini for API cost, the right choice depends on your workload's token profile, required features, and tolerance for latency. Claude Haiku 3.5 offers lower total cost at standard usage volumes (1,000 input + 500 output tokens per request at 100,000 requests/month) at $280.00/month, compared to $330.00/month for o4-mini.

Both models are priced in USD per million tokens, the standard unit across all major AI API providers. Claude Haiku 3.5 charges $0.80/M for input tokens and $4.00/M for output tokens. o4-mini charges $1.10/M input and $4.40/M output. If your workload is output-heavy (more tokens generated than consumed as input), the model with the lower output price compounds cost savings significantly at scale.

Prompt caching is supported by both models. For workloads with large, repeated system prompts or document context — such as RAG pipelines or multi-turn conversations with a fixed knowledge base — prompt caching can reduce effective input costs by 60–90%, which may change the cost ranking between these two models at your specific usage pattern.

Context window capacity differs between the two: Both models support 200,000 tokens per request. A larger context window is essential for document summarization, large codebase analysis, and multi-document retrieval-augmented generation (RAG) applications.

Use the interactive calculator at the top of this page to enter your actual token usage and monthly request volume for a precise cost comparison tailored to your workload. Adjust for batch API discounts and prompt caching to find the most cost-effective option for your specific deployment.

Explore other model comparisons from the same providers or performance tiers.

Related Provider Pages

View complete pricing tables and model lineups for the providers behind these models.

Relevant Use Cases

See cost recommendations for workloads where Claude Haiku 3.5 or o4-mini is recommended.