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GPT-5 mini vs Nano Banana 2 (Gemini 3.1 Flash Image): API Cost Comparison

Compare the API pricing, context windows, features, and real-world cost projections for GPT-5 mini (OpenAI) and Nano Banana 2 (Gemini 3.1 Flash Image) (Google). Use the interactive calculator below to compute your exact monthly cost based on your token usage and request volume.

Prices verified Jun 26, 2026

Interactive Cost Calculator

OpenAIGPT-5 miniGoogleNano Banana 2 (Gemini 3.1 Flash Image)

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: GPT-5 mini at $12.50/month.

Cheapest: GPT-5 mini at $12.50/mo — save 37.5% vs Nano Banana 2 (Gemini 3.1 Flash Image)
Alert
BestGPT-5 mini
OpenAI$12.50$0.001250$2.50$10.0037.5%Alerts coming soon
Nano Banana 2 (Gemini 3.1 Flash Image)
Google$20.00$0.002000$5.00$15.00Alerts 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 TypeGPT-5 miniNano Banana 2 (Gemini 3.1 Flash Image)Cheaper
Input (standard)$0.25/M$0.50/MGPT-5 mini
Output$2.00/M$3.00/MGPT-5 mini
Cached input$0.03/MN/A

Prices last verified: 2026-03-08 – 2026-06-26

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.

VolumeGPT-5 miniMonthlyNano Banana 2 (Gemini 3.1 Flash Image)MonthlyGPT-5 miniPer requestNano Banana 2 (Gemini 3.1 Flash Image)Per request
1K requests/mo$1.25$2.00$0.001250$0.002000
10K requests/mo$12.50$20.00$0.001250$0.002000
100K requests/mo$125.00$200.00$0.001250$0.002000
1M requests/mo$1,250.00$2,000.00$0.001250$0.002000

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 GPT-5 mini

by OpenAI

  • Customer support
  • General chatbot
  • Data extraction

Input / 1M tokens

$0.25/M

Output / 1M tokens

$2.00/M

Context window

400,000

Tier

mid

When to Choose Nano Banana 2 (Gemini 3.1 Flash Image)

by Google

  • General chatbot

Input / 1M tokens

$0.50/M

Output / 1M tokens

$3.00/M

Context window

131,072

Tier

budget

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.

CapabilityGPT-5 miniNano Banana 2 (Gemini 3.1 Flash Image)
Context window400,000 tokens131,072 tokens
Max output tokens128,000 tokens32,768 tokens
Performance tierMidBudget
Vision / image inputYesYes
Function callingYesNo
JSON modeYesYes
Prompt cachingYesNo
Batch API (50% discount)NoNo
Extended reasoningNoYes
Fine-tuningNoNo
Rate limit (req/min)10,000Not published

GPT-5 mini notes

1M context window at mid-tier pricing. Good balance of cost and capability.

Frequently Asked Questions

Is GPT-5 mini cheaper than Nano Banana 2 (Gemini 3.1 Flash Image)?

At standard usage (1,000 input tokens, 500 output tokens, 100,000 requests/month), GPT-5 mini costs $125.00/month versus $200.00/month for Nano Banana 2 (Gemini 3.1 Flash Image) — a 38% 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, GPT-5 mini or Nano Banana 2 (Gemini 3.1 Flash Image)?

GPT-5 mini has a larger context window at 400,000 tokens, compared to 131,072 tokens for Nano Banana 2 (Gemini 3.1 Flash Image). A larger context window is important for processing long documents, multi-turn conversations, or large codebases without truncation.

Do GPT-5 mini and Nano Banana 2 (Gemini 3.1 Flash Image) support the Batch API?

Neither GPT-5 mini nor Nano Banana 2 (Gemini 3.1 Flash Image) currently supports a batch API with discounted pricing. For batch-eligible alternatives, consider models from OpenAI, Anthropic, or Google that include batch API support.

Which model offers better prompt caching?

GPT-5 mini supports prompt caching at $0.03/M for cached input, while Nano Banana 2 (Gemini 3.1 Flash Image) does not offer prompt caching. For RAG applications or chatbots with large, repeated context, GPT-5 mini's caching capability can substantially reduce effective costs.

What are the best use cases for GPT-5 mini vs Nano Banana 2 (Gemini 3.1 Flash Image)?

Both models are well-suited for General chatbot. GPT-5 mini is particularly strong for Customer support, Data extraction. Nano Banana 2 (Gemini 3.1 Flash Image) is favored for similar workflows. 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 GPT-5 mini vs Nano Banana 2 (Gemini 3.1 Flash Image)?

At 1,000 input tokens and 500 output tokens per request — a typical conversational workload — GPT-5 mini costs $0.001250 per request and Nano Banana 2 (Gemini 3.1 Flash Image) costs $0.002000 per request. At 100,000 requests/month, that translates to $125.00 and $200.00 respectively. Use the interactive calculator to adjust these parameters for your actual workload.

GPT-5 mini vs Nano Banana 2 (Gemini 3.1 Flash Image): Summary

When comparing GPT-5 mini and Nano Banana 2 (Gemini 3.1 Flash Image) for API cost, the right choice depends on your workload's token profile, required features, and tolerance for latency. GPT-5 mini offers lower total cost at standard usage volumes (1,000 input + 500 output tokens per request at 100,000 requests/month) at $125.00/month, compared to $200.00/month for Nano Banana 2 (Gemini 3.1 Flash Image).

Both models are priced in USD per million tokens, the standard unit across all major AI API providers. GPT-5 mini charges $0.25/M for input tokens and $2.00/M for output tokens. Nano Banana 2 (Gemini 3.1 Flash Image) charges $0.50/M input and $3.00/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 GPT-5 mini but not Nano Banana 2 (Gemini 3.1 Flash Image). 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: GPT-5 mini supports up to 400,000 tokens in a single request, versus 131,072 tokens for Nano Banana 2 (Gemini 3.1 Flash Image). 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 GPT-5 mini or Nano Banana 2 (Gemini 3.1 Flash Image) is recommended.